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Butterfield has promoted Shawnette Griffin to the new role of senior vice-president, head of retail banking and operations, Bermuda. The bank said Ms Griffin has worked with Butterfield for more than 30 years. She started her career as a trust admini...

Workers have complained they are being taken advantage of through “precarious" contracts which labelled them as independent contractors, the labour minister said yesterday. Jason Hayward added people were worried that some businesses had used the eco...

Bermuda-based Vantage Group Holdings Ltd has appointed Alex Blanco as CEO of insurance to lead the growth and development of its insurance business. Vantage was established late last year and began writing reinsurance risk on January 1 through its Be...

A new Bermuda reinsurance unit, with a capital markets emphasis, is being launched by the Howden insurance and reinsurance broking group, according to Artemis.bm. Artemis, the specialty capital and alternative (re)insurance market digital publish...

International business has become the island’s largest employer, according to the latest job statistics. Civil Servants make up the second largest job category following an increase in employment in the sector in each of the past three years. But job...

More than 1,900 jobs were lost last year as the Covid-19 pandemic ravaged the economy, the Minister for the Cabinet Office revealed yesterday. Wayne Furbert said that total jobs filled declined by 1,951 jobs or 5.7 per cent from 34,378 jobs in 2019 t...

Bans and restrictions on new work permits in some categories have been extended by three months, the labour minister said yesterday. Jason Hayward said legal clerks had been added to the closed category list but residential and commercial cleaners h...

The future of the Elbow Beach resort is in question after reports that the owners have tried to sell the hotel. The Paget property shut up shop in early 2020 because of the Covid-19 pandemic and was expected to re-open at the start of this year. But ...

The number of complaints against employers that have failed to make health insurance payments for staff has risen because of the coronavirus pandemic, it has been claimed. The Bermuda Health Council said there had been a 20 per cent increase in the n...

Elementum, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has appointed Jacqueline Muschett as managing director, head of actuarial and valuations, in its Bermuda office. The compan...

Two thirds of new jobs created in Bermuda in the next two years will come from entrepreneurs, a tech summit has been told. But while there has been a 300 per cent increase in businesses using online and e-commerce, there remains an urgency to re-tool...

AXA XL has promoted Danielle Roth to the position of practice leader and head of Cyber Claims, North America. Based in Stamford, Connecticut, the company said Ms Roth is responsible for developing and implementing the claims strategy and best practic...