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RenaissanceRe Holdings has appointed David Marra as president of Renaissance Reinsurance US. Mr Marra has more than 15 years experience in the Bermuda reinsurance market. He joined Bermuda-based RenRe in 2008 as a vice-president and was appointed to ...

Insurance giant Ace has completed a $29.5 billion takeover of Chubb to create the world’s largest publicly-traded property and casualty insurance company. Ace was an early flag-bearer for Bermuda’s insurance sector after placing its operating headqua...

US Democratic presidential hopeful Hillary Clinton has bashed Bermuda in an attack on tax loopholes. Ms Clinton said that she planned to crack down on tax avoidance to boost the US economy. Her official website said: “High income money managers have ...

Opening a retail outlet has proven to be a very bright idea for entrepreneur Mike Swan and his team at Encon Bermuda. It has taken three years to turn the idea into reality, but Mr Swan feels it has been worth the wait. The Lighthouse stocks a rang...

A $29.7 billion merger between insurance giants Ace and Chubb is expected to close today — meaning the end of the Ace brand. Ace announced yesterday it had cleared regulatory hurdles to acquire Chubb and create the world’s publicly traded property an...

An office supplies company is publicising its new catalogue with a van covered in Post-it notes. The AF Smith van will tour the city and surrounding districts until the end of the week to hand out catalogues and promote the firm. And Sophia Araujo, d...

The Royal Gazette/BSX closed unchanged at 1,218.74 after a second day of no trading. The BSX Insurance Index ended the day up 7.69 points (0.48 per cent) at 1,602.01.

The Bermuda reinsurer set up by John Paulson, the American hedge fund manager, appears to be no longer writing reinsurance coverage. The news came out last night in a statement from Bermuda reinsurer Validus Holdings, which said its third-party capit...

Bermuda-based First Atlantic Commerce (FAC) has linked up with a tour management booking company in the Bahamas. The Island online payments provider is to work with RezBS, a Bahamian booking platform, to allow real time online credit card processing ...

International law firm Harneys has signed up five new lawyers for its Bermuda practice. And the firm said it planned to expand its on-Island team further in the coming months. Sarah-Jane Hurrion, Harneys’ managing partner, said: “Harneys’ growth in B...