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Bermuda’s insurers and reinsurers should brace itself for more terrorist attacks, according to a US-based industry expert. Robert Hartwig of the Insurance Information Institute said that it was open whether the weekend terror attacks in Paris which k...

Enstar Group Ltd has completed the acquisition of a Belgium-based insurer in a deal worth more than $44 million. Enstar, a Bermuda-based company that specialises in buying and managing businesses in run-off, bought National Suisse Assurance from Helv...

Global executive recruitment firm Elevate Executive Selection is to expand in Bermuda. The company is adding a senior recruiter to its staff next month and envisages increasing its employee count further by the end of 2016. The improving economy in B...

Clarien Bank has expanded its private banking business and hired two new staff. Cyril Simmons is now senior private banker, while Carmen Adebiyi has been appointed private banking officer. Clarien head of private banking Clare Spearing said: “They ad...

Learning. Recently I had the opportunity to take a few days of education so I might improve not only my knowledge but my capabilities. We often approach these somewhat sceptically thinking that we do not need any further ideas. How wrong that is! Th...

The Royal Gazette/BSX closed up 4.96 points (0.37 per cent) at 1,336.68. A total of 13,960 Bank of Butterfield shares traded, moving the stock price up one cent (0.5 per cent) at $1.98. Utilities firm Ascendant Group was up five cents (one per cent) ...

Bermuda-based Everest Re Group Ltd has entered into a strategic alliance between its US primary specialty insurer, Everest National Insurance Company, and Associated Electric & Gas Insurance Services (Aegis). This new partnership will provide primar...

The winners of a competition to launch or boost a business will be announced on Thursday. The Bermuda Economic Development Agency (BEDC) held its annual Rocket Pitch competition at City Hall last Friday, where a dozen competitors pitched their ideas ...

Alternative and third-party capital is being used outside the traditional area of catastrophe bonds, experts have said. And the reinsurance industry is increasingly seeing alternative cash as a complementary type of additional capacity. PwC Bermuda m...

A furniture shop will today formally launch a pop-up store with a preview of a new home collection. Exclusive Home, which has a main shop on Reid Street, has opened up in the lower level of Washington Mall. Exclusive Home, part of the Exclusive Group...