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With markets around the world taking a dive on Wednesday, it appeared to be an inauspicious day to be talking up investment opportunities. But at LOM’s lunch meeting to discuss emerging markets, the focus was on developments later this year — and fur...

Professional services company PwC Bermuda is to back a charity in a decade-long deal to boost its work. PwC is to provide the Family Centre, which supports at-risk children and families, with an annual donation, as well as free use of the skills and ...

The BFIS Alumni Committee is to offer the kind of financial help with education that benefited its members on their way to careers in the insurance industry. The BFIS Alumni Scholarship will be first awarded this year to commemorate the 20th annivers...

Ironshore has announced the opening of a branch office in Seattle. The Bermuda-based insurer’s latest office will be led by Daniel Sonon as branch executive. Mr Sonon will be responsible for marketing across all Ironshore business lines, reporting ...

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...