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Cactus Ltd co-founders James Robinson and Mark Higgins have already found some success with their deal pricing and data capture system, Marmalade. Now, they are seeking to raise capital so that they can spread it around. Cactus’ flagship product was ...

The UK government has been told that the “inflexible culture” of British regulators has hindered efforts to develop markets for insurance-linked securities, captive insurance and other new forms of insurance business. Artemis has outlined how the...

Bermudian-headquartered Ardmore Shipping Corporation has agreed terms for the sale of three 2008-built MR product tankers to German-based Leonhardt & Blumberg for an aggregate price of $40 million. Following completion of the sales and the prepayment...

Genesis Legacy Solutions, a unit of Bermuda’s Maiden Holdings, Ltd. announced an agreement to provide a medical expense reimbursement cover to the Washington, DC cell of the Michigan based Mary Free Bed Rehabilitation Hospital. MFB has a facility net...

Bermudian-based Sompo International Holdings Ltd, the global re/insurer, has appointed Kenneth Reilly as head of its new Tokyo office. Mr Reilly joins the company on July 1 as executive vice-president, general manager, global business department, Som...

You should try the family inflation calculator to see how national inflation rates affect your personal household budget

Dear Dave, I’ve been wanting to start my own small business for years. The only problem has been my current job. I make good money, but I also put in a lot of hours. About a month ago, I came up with an idea I think would be really successful. How do...

The RG/BSX Index remained at 2,461.09, unchanged for the day, in the absence of activity on the Bermuda Stock Exchange. In New York, The Bank of N.T. Butterfield & Son Limited rose by 29 cents (0.85 per cent) to close out the week at $34.29 on the Ne...

The newly-installed minister responsible for international business is looking forward to his first visit to the annual Risk and Insurance Management Society annual conference and exhibition in San Francisco this week. Jason Hayward, the Minister of ...

Frontline Ltd and Euronav NV of Belgium are set to merge and create one of the largest oil tanker companies in the world. The parties have signed a term sheet – unanimously approved at board level – on a potential stock-for-stock combination between ...