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Unsecured creditors of one of the island’s longest-established retail organisations were left completely out of pocket when the operation went under, one of the company’s joint provisional liquidators has revealed. Charles Thresh and Michael Morrison...

When Anayah Curtis launched her candy business, Sweeties, at age 15, she became the youngest vendor on the Sargasso delivery app. A year later, Miss Curtis’s online shop is still going strong, selling at least 50 different kinds of gummies, fizzies,...

Arch Capital Group Ltd has estimated pretax net catastrophe losses of $530 million to $560 million across the property casualty insurance and reinsurance segments in the 2022 third quarter. The Bermudian-based re/insurer said its quarterly results wi...

Chubb has named Bill Hazelton as executive vice-president, head of North America Industry Practices. In this newly created role, Mr Hazelton will lead the company's efforts to enhance delivery of comprehensive industry-focused insurance coverages, ri...

Industry veteran David Florian has been appointed chief executive officer at Aspida Life Re Ltd, the Bermudian-based life and annuity reinsurance company. The company said Mr Florian is a seasoned reinsurance professional with an impressive history o...

Appleby partner Jerome Wilson will discuss the future of finance at the upcoming Bermuda Tech Week, focusing on banking institutions leaning into the digital-asset market. Mr Wilson, head of Appleby’s technology and innovation practice, will moderate...

A two-day boot camp has just concluded for 32 businesses and charities that recently started Ignite Bermuda’s six-month programme, a formalised entrepreneurship curriculum. The second day concluded with a competition for participants to “pitch” their...

Canopius Group, the global specialty re/insurer, has appointed Coleman V. Johnson as chief underwriting officer, United States and Bermuda. Mr Johnson joins Canopius USA’s growing leadership team as the company continues its expansion in the US. He w...

Butterfield Bank fell 40 cents (1.12 per cent) to $35.20 at the close, on the New York Stock Exchange on Wednesday. The RG/BSX Index closed unchanged at 2,492.47 in the absence of trading.

When Derek Myers opened his new salad restaurant, WildGreens Bermuda, this month, business was quiet. “For the first two days, customers that came in were mainly people who knew us and knew that we had opened a restaurant,” Mr Myers said. Then word ...