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Endurance Specialty Holdings last night reported a year-end net income of $92.1 million and easily beat the expectations of analysts on Wall Street. The gain compares with a Q1 2012 net income of $74.4 million. Bermuda re/insurer reported an operatin...

The women’s clothing and accessory shop Daisy’s has closed its Front Street location, it was announced today. Owner Dawn Zuill said the closure of the premises was in part because of the impact of the HSBC retail operation closure at Albuoy’s Point ...

Insurance managers as well as auditors, actuaries, lawyers, regulators, bankers and other employees in the insurance management industry are the target audience for a daylong ‘education summit’ on key industry subjects. The Bermuda Insurance Manageme...

Gosling’s Black Seal has become a very hot rum in the US. Its American marketing partner Castle Brands says the once Bermuda-only brand surpassed the 100,000 case level in 2012. “It was a combination of events that helped push us over,” said John Glo...

Goldman Sachs Group Inc has announced it has closed on the sale of a majority stake in its reinsurance business, which includes Bermuda’s Ariel Re. The investment bank sold off the business through the private offering of shares to institutions and ...