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Michael Dunkley, the Premier, lined up yesterday alongside the Bermuda Monetary Authority (BMA) team that spearheaded the country’s drive to win European Union equivalence under its Solvency II rules, which puts the Island on an equal footing with Eu...

As I pack my bags to head off to London for cataract surgery my mind is on vision, and this will be the subject I will address in this month’s article. Of course I’m not talking about eye surgery but the very necessary action that boards of organisat...

The Royal Gazette/BSX today closed unchanged at 1,333.04 after a day of no trades. The BSX Insurance Index ended the day down 17.47 points (1.05 per cent) at 1,647.06.

Well-known Hamilton stores Marks & Spencer and The English Sports Shop are in line for a makeover. David Hamshere, managing director of Tess Ltd, which includes the shops in its portfolio, said that the M&S store would be first to get a new look. He ...

Airline JetBlue has launched an expanded charter service between the US and Cuba. A second weekly round trip charter will join the existing service from New York to the Cuban capital Havana. The new flights, which will operate on Tuesdays, will be Je...

Parliaments make laws and courts interpret them. Recently, the Supreme Court has been very active in interpreting laws, spurred by a number of different cases, and may be pushing ahead of the legislators in some controversial areas. These rulings, f...

Commit to change. Last week, together with several colleagues, we attended the World Congress of the International Diabetes Federation in Vancouver, Canada. It truly was the “United Nations of Diabetes” as over 170 countries with 400 delegates, toge...

A new advisory body set up to help Bermuda safeguard its economy from systemic risks met for the first time yesterday. The Financial Policy Council (FPC) will aim to monitor areas of potential financial systemic risk, recommend moves to strengthen re...

Bermuda-based insurer Ironshore is to open a string of offices in Europe. The firm is opening a European hub office in Cologne, Germany, which will be followed by agency branch offices in the Netherlands and Switzerland by the end of this year. Mark ...

Two new top members of international business association Abir have been appointed. RenaissanceRe Holdings president and CEO Kevin O’Donnell was today voted in as first deputy chairman of Abir, which represents 20 Bermuda-based insurers and reinsurer...