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Two Bermuda lawyers yesterday said they had never been nominee directors of a safari firm at the centre of a row over tax avoidance in Botswana. Cox Hallett Wilkinson lawyers Ernest Morrison and David Cooper were reported to be nominee directors of B...

A pop-up store set up by drinks giant Bacardi has raised a massive $30,000 for charity. Now Bacardi firm will tomorrow present anti-substance abuse charity Cada with the cash raised from the sales of a special limited edition rum sold in Bermuda to m...

Michael Butt, the Axis Capital Holdings chairman, has won a top industry lifetime achievement award. The near-50-year veteran of the insurance industry was given the award at a ceremony in London by Insurance Day magazine. Insurance Day editor Michae...

NEW YORK (Bloomberg) — Running a hedge fund didn’t work out for Meredith Whitney, once one of the most famous banking analysts in the US. So she’s starting fresh at a Bermuda-based insurer. Whitney has begun at Arch Capital Group Ltd, where she’s ove...

Bermuda-based insurance and reinsurance company Fidelis has won approval to set up business in London. The new arm of the firm is led by Dan Burrows as UK chief executive officer and will begin underwriting immediately. He is joined by chairman of sp...

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...