Bacardi chief executive officer Ed Shirley is to leave the company after two years in the top job, the Bermuda-based beverage giant announced last night.
“Mr Shirley expressed his plans to return to r...
Hiscox Re has beefed up its senior management with two appointments announced today.
Reeva Bakhshi has been named chief financial officer and Paresh Thakrar as chief operating officer.
Hiscox brought ...
A British resident of Bermuda and long-time customer of HSBC Bermuda was told by a bank employee that if she could not produce evidence of her ties to the Island, her account could be frozen.
The 39-y...
Mutual insurer OIL is to pay a total $300 million dividend to its energy industry members after it booked a full-year profit of $631.9 million.
The Bermuda-based company told shareholders at its annua...
Bermuda’s AA- credit rating has been affirmed by Standard & Poor’s Rating Services — but the negative outlook on the rating remains in place.
Finance Minister Bob Richards said he “expected” Standard ...
Bermuda-based Enstar Group Ltd and Stone Point Capital LLC have completed the previously announced acquisition of Torus Insurance Holdings Ltd, the firms announced in a joint statement today.
Enstar, ...
Brand-new Bermuda reinsurer Watford Re is all set to open for business.
The multi-line reinsurer’s parent company Watford Holdings said in a statement released yesterday that the company had “raised c...
Close to four out of five North American insurance executives say their companies are actively considering potential acquisitions, according to a survey which indicates a likelihood of growing consoli...
The Bermuda Chamber of Commerce has cancelled its planned Concierge Day trade show because of a lack of interest.
Chamber president Ronnie Viera told The Royal Gazette yesterday that the Chamber could...
KeyTech today announced that it is slashing its dividend by 25 percent.
The company, which owns Bermuda Telephone Company and Logic Communications, said its next quarterly dividend payable next month ...
