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The re/insurer IQUW is in advanced talks to acquire UK-based Lloyd’s insurer Agora Holdings, the company has said. If the sale is completed, Agora’s property insurance and reinsurance businesses will form part of IQUW’s portfolio and the Agora team ...

The global financial services provider Apex Group Ltd has been appointed by (re)insurance broker BMS to deliver carbon footprint assessment and reporting services. Apex will provide BMS with the platform and tools to measure the company’s source of ...

HSBC Holdings plc has bounced back with after-tax profit of $4.2 billion — an increase of $2.2 billion — for the third quarter compared with the same period in 2020. The bank also announced a massive share buyback of up to $2 billion after the profit...

Nearly 800 people from 500 companies across 52 countries registered for the Bermuda Business Development Agency’s third annual 2021 Virtual Bermuda Tech Summit, an overall increase from the event held last year. David Hart, the CEO of the agency, sai...

The RG/BSX Index closed unchanged 2,705.02 in the absence of trading on the Bermuda Stock Exchange. The Bank of Butterfield finished 12 cents (0.30 per cent) higher at $39.90. The BSX Insurance Index remained unquoted.

Bermuda-based investment company Ocean Wilsons Holdings Ltd has changed auditors, it announced today through the Bermuda Stock Exchange. Ocean Wilsons, which is based in Bermuda but owns one of the leading marine and ports operating companies in Braz...

A privately owned incubator for the development of international and local technology-based start-ups has been set up in Bermuda. InnoFund Limited has launched the InnoFund Innovation Incubator (i3) in partnership with the acclaimed DMZ tech acce...

Michelle Mayho always thought that if she had a daughter she would call her Dandelion. “I always loved the name,” she said. She finally had the chance to use it this April, when she delivered a new business, Dandelion Soaps and Body Scrubs. Ms Mayho ...

Bermudian lawyer Juliana Snelling has been included in a prestigious law directory for the fifth year in a row. Ms Snelling, partner and director of Canterbury Law on Victoria Street in Hamilton, is listed in Who’s Who Legal: Labour and Employment Be...

Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC. The study finds that capabilities-driven deals ge...