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The head of PartnerRe Global yesterday said that European buyers had welcomed takeover by Italian investment giants Exor. Charles Goldie, CEO of PartnerRe Global, said that the deal gave the company security over its long-term future. He added it had...

The America’s Cup World Series put wind in the sails of Bermuda business over the weekend. And the following wind generated by the event has eased the recession doldrums the Island has suffered for several years. Charles Gosling, managing director an...

KeyTech shareholders today voted in favour of a deal which will result in US telecoms firm Atlantic Tele-Network (ATN) taking a controlling interest in the firm. “At a special general meeting held this morning, we are pleased that shareholders overwh...

Akiko Maeda has notched up a first at global drinks giant Bacardi. She has become the first head of fashion at the firm, and she aims to create a fusion of premium drinks and high fashion to boost the company’s brand portfolio. “I get to cut across a...

As official insurer of Oracle Team USA, Bermuda-based Ironshore is underwriting not only the risks of the team, but also many aspects of the America’s Cup events. Since Oracle is the defender, it is hosting all the events associated with the ‘Auld Mu...

A marginal decrease in the Island’s healthcare spending has been hailed by Argus insurance, after years of concern over the rise in expenditure. Michelle Jackson, the Argus executive vice-president, said the insurer was “delighted” by the announcemen...

Insurance giant XL Catlin has been made the official insurance partner of the America’s Cup. The firm will also be the presenting partner of the America’s Cup volunteer programme — which will see more than 250 volunteers deployed over the first Berm...

Bermuda-based insurer Ironshore has been named the official insurer for Oracle Team USA for the 35th America’s Cup. Ironshore will provide comprehensive insurance coverage for the team, from the Louis Vuitton America’s Cup World Series Bermuda regatt...

With only days to go before the Louis Vuitton America’s Cup World Series Bermuda gets under way, Digicel Bermuda has brought a mobile cell tower to the Island to boost its network coverage. The arrival of the $300,000 cell on wheels (COW) is part of ...

In nearly 33 years with the Argus Group, David Pugh has experienced the highs and lows of bearing senior-management responsibilities for a publicly traded company. And as he looked back on his career after stepping down last month as chief financial ...

The insurance linked strategies (ILS) arm of Hiscox Re has made two senior appointments. Kiskadee Investment Managers has made Andrew Hughes ILS compliance manager, while Matthew Swann has been appointed to the role of portfolio manager. In addition,...

A $300,000 mobile cell tower has been brought to Bermuda to boost coverage during the Louis Vuitton America’s Cup World Series. It is part of a strategy by Digicel Bermuda to enhance its network in preparation for the 35th America’s Cup in 2017. The ...