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Russian airlines could be forced to re-register their aircraft in their homeland, which would cut the Bermuda registry by 75 per cent. Thomas Dunstan, director-general at the Bermuda Civil Aviation Authority, said the majority of the aircraft on Berm...

Catalina Holdings (Bermuda) Ltd has agreed to acquire a $2 billion run-off portfolio of employers’ liability policies from Zurich Insurance. The Bermudian-based run-off specialist was boosted by a $700 million capital raise in October that increase...

Financial services investment holding company Somers Limited has made a full-year profit of $4.2 million, or 21 cents per share, which is down on the $19.4 million it reported in 2017. The end-of-year results were affected by a $13.6 million net loss...

Offshore law firm Carey Olsen Bermuda is adding to its employment and dispute resolution practices with the appointments of Bermudians Jay Webster and Keivon Simons. Mr Webster will join Carey Olsen Bermuda as a senior associate and is returning to ...

Bermuda snubbed a meeting with British parliamentarians in London yesterday. The Foreign Affairs Select Committee had invited Overseas Territories to give evidence in an inquiry into the relationship with the Foreign Office. Walton Brown, the Cabinet...

With the Premier in London meeting with the UK Overseas Territories Association, this may be an appropriate moment to reflect on Bermuda’s present relationship with Britain. There are times when Bermuda’s premier, or finance minister, needs to polite...

In recent years there has been a heightened pace of urgency in holiday shopping that has reached levels where concern has been raised in the United States as to whether people focus more today on what they can get instead of what they can give. Under...

PwC’s 2018 annual corporate directors survey finds that directors are engaging more in a broad range of topics including strategy oversight, corporate culture and board diversity. And they are engaging more in cybersecurity topics, even as they strug...

Bermudian reinsurer Everest Re Group has hired Jon Levenson from island rival Validus Holdings to be the company’s new head of investor relations. Mr Levenson will be responsible for investor relations and rating agency relationships and will report ...

Hamilton Re has named Liam Chan its new senior vice-president of casualty and specialty. Mr Chan joined Hamilton Re in 2015 after eight years at Brit Insurance. Kathleen Reardon, chief executive officer of Hamilton Re, said: “This is a well-deserved ...

A meeting on the protection of intellectual property is to be held tomorrow. A Government spokeswoman said intellectual property was a work or invention to which people have rights and for which someone can apply for a patent, copyright or trademark....

Two young Bermudians have launched their legal careers as trainee solicitors with the London office of the international law firm, Kennedys. Katherine Freisenbruch and Alex Cooper will spend two years learning the practical aspects of the profession ...