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It’s official: Bermuda has Solvency II third-country equivalency, as of today. That means the European Union considers the standard of the island’s insurance regulation to be equivalent to its own. In November last year, the European Commission recom...

Bermuda’s financial-services regulator is to name and shame people and institutions punished for breaking the rules. The Bermuda Monetary Authority’s adoption of a more public approach to enforcement was outlined by Jeremy Cox, the organisation’s chi...

The chairman of Italian investment giant Exor today became chairman of the board at PartnerRe. John Elkann’s firm completed a $6.9 billion deal to take over the Bermuda reinsurer after a takeover battle with Axis Capital Holdings. Emmanuel Clarke, pr...

Bermuda is to explore the possibility of investment and business opportunities with Iran, following the lifting of UN sanctions against that country earlier this year. The Middle East country is hosting the Iranian Aviation Symposium between April 25...

Artex Risk Solutions has acquired the insurance management operations of Kane. The move means Artex’s operations in Bermuda and Cayman will combine into Kane’s. David McManus, president and CEO of Artex, said: “Kane is rightly recognised in the indus...

A Bermuda architectural firm has gone nuclear — but in a good way. Cooper Gardner has designed the building for a revolutionary mini-nuclear power plant aimed at small and isolated communities. And the sleek, low-rise design has won praise from Canad...

Bermudian insurer Ironshore may sell shares to the public or be sold by its Chinese owners, according to reports in international business media yesterday. Fosun International Ltd, the Shanghai-based conglomerate led by billionaire chairman Guo Guang...

A total of 35,054 shares worth about $93,160 traded on The Royal Gazette/BSX Index Insurance firm Argus rose one cent, or 0.3 per cent, to $4 after 1,500 shares changed hands. The Bank of Butterfield was unchanged at $1.65 after 20,000 shares traded....

Cleaner and cheaper liquefied natural gas could be powering Bermuda inside four years, a report has revealed. Consultants Castalia said that electricity generation in Bermuda could be switched over to LNG by 2020 with a pricetag of between $258 milli...

By-products. In celebration of this, my 600th weekly Booster, I wanted to talk about setting a goal, sticking to it, and how much I have learned from the process. One of the significant by-products of goal setting, developing plans of action, and fol...