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If this year has taught us anything, it’s how to be resourceful in both life and business. So many people have had to learn new skills and really dig in to how they can keep their businesses up and running (and the doors open). But what happens when ...

Insurers and reinsurers have been told that the climate crisis is the problem of our time, even more so than Covid-19. Marshall Shepherd, a leading meteorologist, said it was crucial for scientists to make people understand that climate change is hap...

Global activity as measured by home sales, industrial production and aggregate employment levels showed further signs of improvement over the third quarter. Near-term sequential progress continued to rise as coronavirus-related restrictions on routi...

Carey Olsen has been named Offshore Firm of the Year for the second successive year at the Chambers High Net Worth Awards. Winners of the awards, which celebrate legal excellence in the world of private wealth, were announced during a virtual ceremon...

Meritus Trust Company Ltd, a boutique Bermuda trust and corporate service provider company, has acquired all of the shares in Lepercq Corporation Management Ltd and its direct subsidiary, Lepercq Corp Services Co Ltd, a Bermudian corporate service pr...

Bermudian-based Colonial Group International has rebranded, changing its legal name to Coralisle Group Ltd. All companies in the group, in Bermuda and across the Caribbean, will operate under the CG brand. The changes take effect from today, the ins...

An insurance firm was accused yesterday of outsourcing jobs from Bermuda to Canada. It was claimed Argus Group plans to shift between 15 and 20 jobs to One Team Health, a Toronto-based third-party overseas care administration firm it bought last year...

Argo Group and Allied World have joined a growing number of insurers and reinsurers to rule out providing services to a giant coalmine project in Australia. The Bermudian-based companies were among those with Lloyd’s of London insurance syndicates ap...

Bermudian-based White Mountains Insurance Group has agreed to invest up to $1 billion of fresh capital into Ark Insurance Holdings Ltd and acquire a majority stake in the Lloyd’s of London insurer. One of the results of the deal will an upgrade of Ar...

Third Point Reinsurance Ltd has announced that David Junius has been appointed chief operating officer effective from tomorrow. Upon the company’s anticipated closing of its merger transaction with Sirius International Insurance Group Ltd. Mr Junius ...

Chaucer has applied to the Bermuda Monetary Authority to form a new Class 4 reinsurance company. The Lloyd’s insurer, which is owned by China Re, made the application through its Ireland subsidiary Chaucer Insurance Company DAC and is awaiting approv...

Leaders of hospitality and global business associations in Bermuda have welcomed the news that British Airways will switch London gateways to Bermuda from Gatwick to Heathrow Airport’s Terminal 5 from March 28. The agreement, announced yesterday by ...