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The first 35 luxury villas and a marina capable of berthing superyachts will be ready for the America’s Cup next year, Morgan’s Point chief Craig Christensen said last night. Mr Christensen, the chairman and chief executive officer of Morgan’s Point ...

New Bermuda name Chubb has announced its management team on the island. Chubb, the new name for the combined Ace and Chubb insurance companies, will be headed by Joseph Clabby as division president, Bermuda and global accounts. A spokesman for Chubb ...

A Bermudian entrepreneur has been published in the prestigious Harvard Business Review Christie Hunter Arscott’s article centred around research she conducted for the International Consortium for Executive Development Research, which showed a major d...

It is less than a year since Aljonae Julio set up her business, the La Belleza spa and salon, and she is glad she did. Being in control of her destiny, and enjoying the salon’s peaceful location on Bridge Street, St George’s, are two of the immediate...

Fidelis Insurance has promoted Ben Savill, the head of its Bermuda office, to group chief underwriting officer. The company, which launched in Bermuda in June last year, said Mr Savill would assume this role from Richard Brindle who held it jointly ...

Conyers Dill & Pearman announced it had achieved top-tier rankings in Chambers Global 2016 directory. Narinder Hargun, director and co-chairman of the firm’s Bermuda office, commented: “We are delighted to once again receive such commendable ranking...

PartnerRe Ltd’s acquisition by Exor has been completed, the Bermudian reinsurer announced today. Next Thursday the company’s new board will meet for the first time when the directors will nominate a chairman and the company’s new permanent chief exec...

More than 1.2 million shares worth about $2.06 million today traded on The Royal Gazette/BSX Index. A total of 1,201,208 shares in the Bank of Butterfield changed hands, leaving its price 2 cents or 1.21 per cent up at $1.67. Insurance firm Argus saw...

A telecommunications and technology expert with extensive overseas experience has joined the board of the Bermuda Business Development Agency. Fiona Beck, who hails from New Zealand, has been a non-executive director and board member on several telec...

Financial-services holding company Somers Ltd made a profit of $100,000 in the final quarter of 2015, down from $1.2 million in the same period the previous year. The company was impacted by a 2.5 per cent depreciation of sterling against the US doll...