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The international business of a global insurer, including its Bermuda reinsurer, has faced underwriting deficiencies and catastrophe losses in recent years, together with regulatory solvency breaches and governance issues, according to AM best. It le...

Everest Re Group Ltd and its board of directors have extended the employment agreement of president and chief executive officer Juan C Andrade. The global re/insurer said the extended agreement runs through the end of 2023 with automatic annual exten...

Dear Readers, I wrote the original version of this article in the aftermath years of the 2007-2009 global recession. It has been updated for post-Covid recovery. We humans know that we are extraordinary creatures. We experience emotions galore....

So, what is your desired salary? This is a question that can make any job candidate’s stomach drop, whether they’re reading it on an application or hearing it from an interviewer. You don’t want to give a lowball answer, but you also don’t want to se...

The RG/BSX Index finished 2,595.09 up 54.03 points (2.13 per cent) with four issues trading. The two advancers were Bermuda Press Holdings up 25 cents (5.9 per cent) to close at $4.50 and the Bank of Butterfield up a dollar (2.8 per cent) to close at...

Craft stores have come and gone over the past 22 years but Qui-Ja Fabrics in Hamilton has remained a constant. Owner Laquita Simmons talks a lot about trying not to stock the same old things her competitors sell. “We try to sell what people need,” sh...

A lawsuit pitting the former Prime Minister of Georgia against banking giant Credit Suisse’s Bermuda life insurance company and which has lasted five weeks is scheduled to finish today. In its final hours yesterday, proceedings were dominated by a ro...

The Argus Group has announced the appointment of Aderonke Bademosi Wilson as the chief communications officer. Ms Wilson has been the director of the Government’s communications department. The company said that in leaving government, she will be re...

Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Canopius Reinsurance Limited and Canopius US Insurance Inc of Delaware. Both entities a...

Three important achievements in 2021 helped to mark the 30th year of the Bermuda branch of the Institute of Directors, the organisation said today. The island’s leading resource for professionalism and excellence in boardrooms across all sectors of t...