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Bermuda-based reinsurer Axis Capital has agreed to pay its former CEO John Charman another $13.8 million — taking his total severance package to just under $36 million. According to an SEC filing made on Monday, Axis has paid Mr Charman a lump sum of...

The Argus Group has announced the appointment of Helena Pimentel into the new position of retirement specialist to assist clients in becoming more prepared, financially and otherwise, for retirement. The creation of this new retirement specialist ro...

Bacardi has announced two new directors have been elected to serve on the company’s board of directors. The newly elected directors, Georgia Garinois-Melenikiotou and Patrice Louvet were elected to the board at the company’s annual general meeting i...

The Phoenix Centre has opened up a new department selling household items at bargain basement prices. The Phoenix Basement, located below the pharmacy on Reid Street is now catering to those who are looking for a deal, offering bedding, socks and und...

Bacardi Limited has announced the appointment of Ron Anderson to the role of senior vice president and chief commercial officer based out of their corporate global headquarters in Bermuda. In this role, Mr Anderson will focus on enhancing sales force...

Government and Digicel faced off in court again in the long-running international long distance dispute. Saul Froomkin, the private lawyer representing the Telecoms Department, argued for Digicel’s judicial review proceedings to be set aside. Digice...

The ACE Foundation announced their 2012 scholarship winners yesterday to help fund two students’ university studies. Julia Dunne, a 17-year old Bermuda High School graduate, was selected from a field of almost 50 candidates for the Robert Clements/AC...

BlackBerry corporate customers globally are working on contingency plans so they won’t be affected by a possible break-up of parent company Research In Motion, a potential loss of service, or other setbacks. In Bermuda, cellphone providers Digicel a...