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An hour-long webinar is to highlight the benefits of Bermuda-based captive insurance for Latin American corporations. The internet event will take place on Wednesday and is being hosted by the Bermuda Business Development Agency. It will be conducted...

Net new issuance of insurance-linked securities totalled $2 billion in the first three months of this year — the most for any first quarter in history. The figures from the ILS market update from Willis Capital Markets & Advisory, the investment bank...

Bermudian-based Windward Management Ltd has entered into a “strategic alliance relationship” with one of the biggest private banks in the US. The aim is to introduce high net worth investors in Bermuda to the services offered by BNY Mellon Wealth Man...

In 1609 Captain George Somers’ ship, the Sea Venture, became caught in a severe storm and ran aground on reefs off what became known as Bermuda. In the 1600s the average life expectancy of an Englishman was 40 years. Everything considered, Somers did...

Profits at Qatar Insurance Company rose to $90 million during the first quarter of the year, a 7 per cent increase year-on-year. And the company’s Bermudian-based reinsurer, Qatar Re, accounted for $307 million, or about 41 per cent of the group’s to...

Effective cybersecurity management is an enterprise-wide responsibility. I spend a lot of time talking to members of boards and C-suites around the world about how their organisations deal with cybersecurity risks. The most common question I get aske...

The European Union has introduced new data protection laws that will have implications for many Bermuda companies that do business in the 28-country bloc. The new General Data Protection Regulation, which was approved by the European Parliament last ...

The Royal Gazette/BSX Index closed marginally higher at 1,166.73, up 0.66 points, or 0.06 per cent. HSBC Holdings improved by 20 cents, or 3.07 per cent, to $6.07, after 100 shares were traded. Also moving up was Bank of Butterfield, which improved b...

An offbeat event that brought together 16 companies and organisations to compete in lighthearted games such as bubble football, zorb racing, and dodgeball has been hailed a success. And companies that took part not only enjoyed some fun team-bonding,...

Bermuda’s decision to sign up to a country-by-country reporting agreement for multinational companies could be used to target shell companies using the island for tax avoidance. Bradley Kading, president and executive director of the Association of B...