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Bermuda’s historic Dockyard is in line to get added sparkle this summer. For New York-based Diamonds International, the Caribbean’s largest gems retailer, is poised to set up shop in the former Royal Navy base’s restored North Basin building 9 — brin...

A new $200 million catastrophe bond has been admitted to the Bermuda Stock Exchange listings. The Akibare Re bond is sponsored by Mitsui Sumitomo Insurance Co and is the third in a series. All three were set up to provide Japanese typhoon reinsurance...

Supermarkets were this week bracing themselves for some shortages, particularly imported fresh produce, as a result of a withdrawal of labour that has hit the docks. The movement of shipping containers came to a halt on Friday due to work stoppages c...

Insurance veteran Brian Duperreault yesterday told a major conference in Arizona that his Hamilton Insurance Group would not cover cyberattacks. Mr Duperreault said: “At Hamilton, we’re taking a cautious position on cyber. “We’re not writing it as a ...

I just wrote about how only a third of the London Insurance Market thought that they were prepared for a cyber-attack. It got me to thinking about corporate procrastination, its impact on organisations and some strategies for overcoming it and ensuri...

A hi-tech photo and video booth is set to make its debut in Dockyard. Jodi Lewis said the first SocialBox would be stationed there to allow tourists to take pictures and videos and upload them to social media. Another will be hired out for events whe...

Concern that warming global temperatures will create more powerful tropical storms and hurricanes, and potentially costlier catastrophes for insurers, appears to have been borne out during the past six months, with both the northern and southern hemi...

International General Insurance Holdings Limited reported net earnings of $35 million for 2015, an increase of 2 per cent from the $34.3 million from 2014. The group, which is registered in the Dubai International Financial Centre, has its primary un...

Appleby Fiduciary Business yesterday unveiled four new client directors in Bermuda. The four — James Bodi, Janita Burke, Sarah Demerling and Alison Dyer-Fagundo — all joined the business from Bermuda law firm Appleby in January. AFB was the subject o...