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There was no trading on the Bermuda Stock Exchange today.The Royal Gazette Index closed unchanged on 1,209.76.

Spirits giant Bacardi is to launch a bid to connect with millennials. And the firm has appointed a new global millennials manager to nurture young talent and keep the firm’s brands relevant to younger people. Now Nim de Swardt, 30, is aiming to get t...

Global catastrophes last year cost a total of $123 billion, nearly a third down on the 15-year average of $175 billion. Losses were the lowest since 2009, and the fourth successive year to record a fall. However, they were only 8 per cent lower than ...

The company organising this year’s Agricultural Exhibition has announced that Butterfield & Vallis has stepped up to be a sponsor of the event. The wholesaler, along with JM Smucker Company (Robin Hood flour), AG Show Ltd president Antwan Albuoy said...

Bermuda-based Qatar Re now accounts for half of the Qatar Insurance Company’s (QIC) total premium income after its reinsurance premiums rose 116 per cent during 2015. Announcing its full year results, QIC reported a consolidated net profit of $292 mi...

Bermuda-based insurance group Armour has bought into a London Sharia-compliant insurance and reinsurance company. Armour has invested in Cobalt Insurance and the firm’s Sean Dalton has joined the London company’s board as a non-executive director. Co...

Insurers and reinsurers can expect to see their margins eroded as inefficiencies are “brutally exposed” by disruptive technology, according to a report by a major management consultancy. Oliver Wyman, an arm of Marsh & McLennan Cos, sees the financia...

The clock is ticking for exempted investment funds set up under the old legislative regime, which face an October 3 deadline to be reclassified under legislation enacted in 2013. The Investment Funds Act 2006 was amended with effect from October 4, 2...

Bermuda-based insurer and reinsurer Aspen has acquired a US specialist crop insurer. Aspen said yesterday it had bought over AgriLogic, based in Kansas, which provides crop coverage with an integrated agricultural consultancy and which has estimated ...

Wraparound video and self-driving cars will have a big impact on people’s lives in coming years. And it is not a question of if they will arrive, it’s more a question of when. That’s the view of John Narraway, the general manager of iClick and The Co...