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The Ministry of Public Works awarded more than $700,000 in contracts to carry out a channel widening study, according to notices published yesterday in the Official Gazette. Brunel Engineering Consultants were awarded a $367,648 contract to carry out...

Aurigen Capital Limited has announced it has filed a preliminary prospectus with securities regulatory authorities in each of the provinces and territories in Canada in connection with a proposed initial public offering of its common shares. Accordi...

The Bank of N.T. Butterfield & Son Limited have announced they have acquired Legis Group Holdings Limited Guernsey-based trust and corporate services business. A press release announcing the move stated the deal was agreed in principle in January. Th...

Hedge fund managers voted EY as the top global accounting organisation in this year’s Institutional Investor’s Alpha 2014 Alpha Awards. As with the overall global ranking, EY also captured the crown in all five of the aspects of service on which hed...

Bermuda-based re/insurer Maiden Holdings Ltd has promoted Patrick Haveron to the role of president of Maiden Insurance Company Ltd. Mr Haveron will have responsibility for the oversight, management and continued development of Maiden’s Bermuda reinsu...

A total of five new companies’ registrations were confirmed by the Bermuda Monetary Authority in January, it was announced yesterday. They included Rubik Reinsurance, Ltd., a Class 3A entity under the BMA insurance-type structure, Broadhead Risk Mana...

Bermuda-based White Mountains Insurance Group made $322 million last year — up $115 million up on 2012, according to its latest figures. And the firm — which includes OneBeacon, Sirius Group and HG Global/BAM among its subsidiaries — reported an adju...

Bermuda-based insurance and reinsurance giant Validus Holdings has posted record figures for 2013, the company has revealed. Validus announced a net operating income of nearly $579 million — a massive 73.3 percent increase on 2012’s $333.8 million. A...