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Clarien appoints Alexander to board

Clarien Bank Ltd has appointed Buford Alexander as an independent director of its board of directors. Mr Alexander is a director emeritus of McKinsey & Company, where he served clients in high tech, banking and consumer goods, and was a leader of McK...
May 30, 2014
Local Business

Clarien confirms Pettingill as chief legal officer

Clarien Bank Ltd today made it official, in announcing the appointment of former Attorney-General and Minister of Legal Affairs, Mark Pettingill, as chief legal officer. The company said the appointment comes after an extensive local and internationa...
May 30, 2014
Young Observer

A meaningful art and history experience

Master Art Classes with the Bermuda National Trust and Masterworks In early March the Bermuda National Trust AXIS Education Programme, in collaboration with Masterworks, began the first series of Master Art Classes for senior students. Twelve stud...
May 29, 2014
Local Business

Clarien to establish new charitable trust

Bermuda’s newest banking group, Clarien Bank Ltd, is establishing a new charitable trust to benefit Bermuda charities. But ahead of its creation, the group yesterday honoured four charitable organisations with cash donations, and promised more giving...
May 28, 2014
Other

Dignitaries turn out for The Gap opening

After much buzz and anticipation, Gibbons Company last night officially opened the international clothing and accessories retailer Gap. A host of dignitaries were on hand to take part in a ribbon cutting yesterday evening, after which point members ...
May 16, 2014
Other

Argus donates time and money to Meals On Wheels

Meals On Wheels has received a donation from the Argus Group that will provide the charity with “additional support” in its efforts to provide meals for those who cannot or do not prepare their own. The registered charity delivers meals to 200 reside...
May 16, 2014
Reinsurance

Catlin’s Swiss unit drives premium growth

LONDON (Reuters) — Bermuda-based Catlin Group Ltd, operator of the biggest syndicate in the Lloyd’s of London insurance market, said it wrote nine percent more premiums in the first quarter of the year, driven largely by demand for reinsurance sold b...
May 15, 2014
International Business

Bacardi names former IMG chairman as interim CEO

Bacardi has appointed Michael Dolan as interim chief executive officer (CEO), effective immediately. Mr Dolan, who has been a member of Bacardi Ltd’s board since 2009, will be based at the company’s headquarters in Hamilton, subject to Bermuda Depar...
May 15, 2014
Reinsurance

Enstar said to plan merger of its Lloyd’s agencies

Bermuda insurer Enstar Group plans to merge two of its Lloyd’s managing agencies next year, sources told a British trade publication. Enstar, which specialises in acquiring and managing insurers and books of business that have gone into run-off (that...
May 14, 2014
Reinsurance

AIG focuses on internal CEO candidates — WSJ

American International Group’s search for its next chief executive has narrowed down to two internal candidates, the Wall Street Journal reported, citing people familiar with the matter. Peter Hancock and Jay Wintrob have emerged as the likely candid...
May 13, 2014
Reinsurance

XL employees roll up their sleeves in Day of Giving

XL employees went to work for non-profit organisations all over the Island last Friday. Their services were donated by the company as part of its ninth annual community service programme known as XL’s Global Day of Giving. Around 120 of XL’s Bermud...
May 13, 2014
Other

Argus gives PRIDE Bermuda a financial boost

PRIDE Bermuda’s Promoting Alternative Thinking Strategies (PATHS) initiative has received a boost after the anti-drug group received a donation allowing them to expand the programme to Elliot Primary school. Executive director Judith Burgess said she...
May 10, 2014
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