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A pornographic film star’s interview on American television provided an unlikely publicity boost for Bermudian beverage firm Goslings. Stephanie Clifford, who struck a $130,000 deal to keep her silence over an alleged affair with US President Donald ...

Bermuda Aviation Services Ltd has appointed three new directors to its board. The Bermuda Stock Exchange-listed company said Dennis Fagundo, Michael Leverock and Glen Smith would help to provide oversight and leadership to the group. BAS owns subsidi...

Artex has lured Peter Mullen away from the chief executive’s role at Aon Captive and Insurance Management to rejoin the company after seven years. Mr Mullen will become CEO-elect of Artex, an alternative risk management subsidiary of broker Arthur J ...

Butterfield Bank is raising interest rates for both borrowers and savers. The move comes after the US Federal Reserve raised its influential Fed Funds rate by a quarter of a percentage point this week. Butterfield said today its base rate for Bermuda...

Walter Higgins, the former chief executive officer of Ascendant Group Ltd, has taken on one of the most challenging jobs in the power utility world. The utilities veteran was this week named as CEO of Prepa, the Puerto Rico electricity firm — six mo...

In celebration of World Water Day, The Argus Group today announces that it has donated bottle filling stations to four public schools. The four schools to receive Elkay EZH2O RetroFit Bottle Filling Stations are Heron Bay Primary, Northlands Primary...

Clarien Bank Ltd will increase term deposit rates for savers after the US central bank raised its key interest rate by quarter of a percentage point today. However, the bank said its base lending rate would remain unchanged meaning borrowers will not...

Artificial intelligence is not about robots taking over the world, but about leveraging the powerful technology to capture and analyse vast quantities of data, and making the best use of that information. That’s the belief of Noel Pearman, Bermuda pr...

PartnerRe has hired a former top executive of US insurer WR Berkley as its new head of structured risk, North America Property and Casualty. Jonathan Schriber has extensive experience in structured risk solutions, having specialised in this line of b...

Aon Benfield is to bolster and expand its team on the island with new hires, a new management structure and a new chief executive officer. The reinsurance broker and capital adviser has attracted Matthias Meyenhofer from rival Guy Carpenter to join t...

Pembroke Managing Agency Ltd — part of Bermudian-based Ironshore — has been granted approval by Lloyd’s to establish and manage GIC Syndicate 1947. Lloyd’s has granted Syndicate 1947 permission to underwrite business, attaching on or after April 1, 2...

Digicel’s Vanessa Slowey has stepped down as chief executive officer for the company in the Caribbean and Central America. She has been with the company for 15 years, initially in the Caribbean before becoming CEO of Digicel in Asia Pacific. She retu...