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MONACO (Reuters) - Reinsurers, largely spared by the credit crunch and euro zone crisis, will be pondering why their good fortune has not been rewarded by the stock market as they hold their annual get-together this week in the Mediterranean resort o...

Premier Paula Cox is to introduce former President Bill Clinton at a major US/Mideast business conference next week. She will make the introductory remarks to Clinton’s keynote speech at the 2012 C3 Summit 2012 in New York on September 13 and 14. Th...

OSLO (Reuters) - Bermuda-based offshore oil driller Seadrill said it saw an increasingly tight ultra-deepwater rig market and planned for additional newbuild units as it reported second-quarter earnings roughly in line with forecasts. “The board is i...

Bermuda’s convention business has been dealt another blow as one of the Island’s longest-standing conferences has decided to pull up stakes and relocate to another location. The announcement compounds the news that recent visitor arrivals fell by one...

HSBC Bermuda has had its outlook revised to negative from stable as part of an overall ratings review of the global banking group by Standard & Poor’s. S&P said it affirmed its ‘A+/A-1’ ratings on “highly strategic” subsidiary HSBC Bank Bermuda Ltd, ...

Business advisory group KRyS Global has announced two new appointments within its Bermuda office. The firm, which focuses on corporate recovery, insolvency, forensic accounting and business advisory services, has appointed Wesley Edwards to senior ma...

Legal services firm MJM Ltd yesterday announced it had appointed Jeremy Leese as a senior corporate lawyer. He will work closely with Peter Martin, who leads the international corporate practice group. Mr Leese is a corporate lawyer with nearly 20 ...

Premier Paula Cox gave a mild rebuke last night to a British Member of Parliament who suggested if Bermuda wants the UK to keep providing its defence, it should change its tax policies to stop corporations using the Island to avoid UK taxes. Labour M...

The Cayman Islands has scrapped plans to implement the territory’s first-ever income tax on thousands of expatriates working there after a massive public outcry over the proposal. In a dramatic U-turn, Cayman Premier McKeeva Bush issued a terse stat...