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In this day and age, is women’s compensation commensurate with men, that is, do women earn the same amount for the same position equal pay for equal work? That depends. If you are a Minister in public service in Bermuda, a registered pharmacist, or ...

Bermuda-based insurer Ironshore has set up a new Specialty Casualty division in Canada to underwrite insurance coverages for General Liability, as well as umbrella and excess liability programmes. Stephen Stewart has been named vice-president to hea...

CALGARY (Reuters) - Canadian oil and gas company C&C Energia said its unit plans to buy Bermuda-based explorer Ramshorn International’s Colombian oil and gas properties for $89 million. C&C, which owns a 30 percent interest in the Cachicamo block in ...

Investment bank Shore Capital Group Ltd’s profit held up well during 2010 driven by a diverse range of operations and strong balance. The company, which is focused on equity capital markets, alternative asset class fund management and principal finan...

KINGSTON, Jamaica (AP) The population of the Cayman Islands is falling, preliminary census statistics show, sparking worries about how a diminishing work force will affect the wealthy British Overseas Territory’s economy. Cayman Islands Premier McKee...

The Proverbial budget. It is so vital to good money management. It seems so easy to do. After all, what is there to know you earn, you spend, if there is something left, you save it. But as one person said: “ I don’t need help putting a budget plan t...

TOKYO (Bloomberg) Japan’s biggest non-life insurers may have to pay higher reinsurance rates when they are reviewed next month after the nation’s strongest earthquake. Revisions will be affected in the aftermath of the March 11 temblor and subsequent...

Bermuda-based hedge fund Nephila Capital is expected to suffer losses through its exposure to the Japanese earthquake, according to a report citing two investor sources on MarketWatch yesterday. The $2 billion fund, which invests in catastrophe bonds...

Bermuda Aviation Services Ltd rose 22.22 percent (90 cents) on The Bermuda Stock Exchange (BSX) yesterday. The transportation company traded 100 shares to close at $4.95. The only other trader was Butterfield Bank, which fell 3.07 percent (four cents...