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PartnerRe Ltd made a profit of $201.4 million for the first quarter, about $31 million lower than the same period in 2015. The company’s net income represents a return on equity of 13.3 per cent. PartnerRe, which has offices on Pitts Bay Road, is now...

Rainbow. So often as we move through life and our businesses we encounter great difficulty and challenges that stretch our abilities to react, respond, and move forward. In recent times in our lives we have been struck by a ferocious lightning storm...

A Reid Street office building has been renamed Innovation House after it was sold last year. The building, previously known as Ram Re House, will house technology company Fireminds and meet the expansion needs of insurance firm Freisenbruch-Meyer Gro...

Chubb Bermuda and Aon Bermuda are to work together to offer clients new options for management liability insurance coverage. The arrangement will allow insurance buyers to access Chubb Bermuda’s excess management liability products through Aon’s Berm...

The Bermuda Insurance Institute has announced the winners of the 2015 Insurance Industry Awards. The awards applaud exceptional companies and individuals whose contributions to the insurance and reinsurance industry or the local community is remar...

Shares of Butterfield Bank lost two cents, or 1.2 per cent, to close at $1.63 after 8,300 traded on The Royal Gazette/BSX Index. Meanwhile, the bank’s preference shares were unchanged at $1,001.50 after four shares were exchanged. The Royal Gazette/B...

A Dockyard restaurant is getting a new name and new cuisine after being taken over by two couples. Freeport restaurant has been renamed Anchor Restaurant, Bar and Lounge and its new owners say its menu will feature contemporary cuisine with a selecti...

With the spotlight on offshore financial centres in the wake of the Panama Papers revelations, Stephanie Paiva Sanderson, corporate attorney and chairwoman of the Industry/Government Joint Committee on Fatca and the Common Reporting Standard explain...

The Royal Gazette/BSX Index was virtually flat last week despite substantial moves in the share prices of two major insurers. Argus Group Holdings plunged 7.5 per cent last week, while BF&M Ltd gained 4.3 per cent. The only other price to change was ...

A new bar has opened on Reid Street. Owners Glen Wilks and Warren Reid-Rubaine are hoping Bungalow 56 will prove the antidote to social media. They designed the venue to bring people closer together; Mr Wilks describes it as a “cross-pollination proj...