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Professional-services firm PwC has taken on three new partners. Matthew Clarke is to become a partner in the company’s asset management and banking practice, while Scott Slater will specialise in tax services. And Robert Stanier will join PwC from it...

A major conference for the captive insurance industry has been hailed a success. The three-day Bermuda Captive Conference, which attracted a record-breaking number of more than 800 delegates, ended yesterday. Conference chairman David Gibbons said: “...

Lancashire Holdings Ltd has appointed a new underwriter at its Cathedral underwriting operation in London. Jon Barnes will join Cathedral to lead its underwriting of property treaty reinsurance business for Lloyd’s of London Syndicate 2010. Mr Barnes...

The lobby area at Coco Reef hotel has had a $500,000 makeover in a labour of love by owner John Jefferis. Globetrotting industry veteran Mr Jefferis used top hotels around the world as inspiration — but vowed to go one better. Sourcing items from aro...

The Royal Gazette/BSX Index closed down 4.50 points, or 0.38 per cent, at 1,172.05. The only trading of the day was in the Bank of Butterfield, which finished down one cent, or 0.6 per cent, at $1.62 after 33,500 shares moved. The BSX Insurance Index...

Expect the British pound to plunge against the US dollar if Britain votes to leave the European Union next week, an investment expert said yesterday. Henk Potts, director of global investment strategy for Barclays Wealth, also warned that the impact ...

The spiralling cost of Bermuda’s healthcare could be cut using lessons learnt in America, an expert said yesterday. Joe Flower, an international authority on healthcare, said that the US, like Bermuda, was being forced to tackle the huge cost of heal...

On a day of light-trading, shares of Bank of Butterfield slid one cent, or 0.6 per cent, to $1.63 after 9,031 were traded on The Royal Gazette/BSX Index. There were no other trades on the exchange, which closed at 1,176.55, down 4.5 points, or 0.38 p...

The wave of mergers and acquisitions in the insurance and reinsurance sector will continue and there will be casualties. That was a blunt assessment that emerged during an insurance and reinsurance review at the Bermuda Captive Conference. One of las...

In an effort to understand the economic climate in Bermuda, the island’s business community has been invited to take part in the fourth wave of the online survey, Bermuda Business Confidence Index. The survey was first launched in 2014 and is sponsor...