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A significant sovereign investment entity, which represents core stakeholders with a combined net worth of more than $100 billion, has strengthened its ties with Bermuda. The presence and activities of Scepter Partners are expected to put Bermuda “fu...

The Bermuda CPCU Society Chapter last night held a conferment ceremony for new designees. The group is made up of insurance and reinsurance industry professionals who have all obtained, or are on the path to obtaining, the Chartered Property Casualty...

A former Cup Match hero and teacher turned bookmaker has taken his own gamble with two new shops. GameTime — founded in Hamilton six years ago — now has premises in the east and west — and company chief Albert Steede reckons his gamble is paying off....

Bermuda should be treated as a jurisdiction that already has equivalence with the EU’s new insurance regulatory framework, Solvency II, according to a top official of the European Commission (EC). The comments of Olivier Guersent clearly indicate the...

From the power of collaboration to a story about the British military firing on the first America’s Cup boat to be sighted off the coast of Bermuda, there was plenty of variety at the Association of Bermuda International Companies’ (Abic) annual meet...

A total of 52,270 shares worth $110,644 traded on the Bermuda Stock Exchange yesterday. The Bank of Butterfield was up two cents at $2 after 50,070 shares traded. Utilities company Ascendant Group was also unchanged at $5.05 after 2,200 shares change...

Four Star Pizza yesterday celebrated its 25th anniversary with a party at its original store, free pizza slices and birthday cake. The Hamilton shop, in Angle Street, gave away free slices of pizza and cake for an hour to around 400 people to mark th...

Motorcycle firm World Distributors has branched out into pedal power. For the long-established firm has opened Pedal Spot, a bicycle shop attached to its WD2 motorbike showroom in Hamilton’s Dundonald Road, and is gearing up for a Christmas bonanza. ...

One aspect that US citizens working and residing outside the United States rarely consider is dying outside the United States. More likely than not, this will also expose your estate to foreign “death duties” as well as US estate tax. The US only has...

LONDON (Bloomberg) — Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net hit incurred by insurers across Europe, the US, Bermuda and Asia to almost $2 billion, according to f...