The noise and fumes produced by the more than 20,000 mopeds and motorcycles on Bermuda's roads could become a thing of the past if Hugh Watlington's idea catches on.
Mr. Watlington rides a bike propel...
Bermuda insurance giant Ace Ltd. says it is far better prepared for meeting claims from a hurricane season of above-normal intensity than it was before Hurricane Katrina.
Ace's chief financial officer...
Butterfield Bank yesterday reported record quarterly net income of $35.9 million and announced a three-for-one share split to take place next month.
Profits were up 6.1 percent for the three months fr...
Bermuda-based Security Capital Assurance Ltd. yesterday announced that second-quarter profits had fallen 36 percent to $25.9 million. In the same three-month period, SCA's net income totalled $36.4m.
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Two insurance brokers yesterday joined forces as Jardine Lloyd Thompson (JLT) announced it had taken over Park (Bermuda) Ltd. in a deal worth up to $11.8 million.
The new combined business, which will...
Everest Re posted a 28 percent year-on-year increase in second-quarter profits last night — despite catastrophe losses totalling $70.4 million for the three-month period.
The Bermuda-based reinsurer s...
Bidders will have until September 6 to submit their tenders to install a new submarine telecommunications cable linking Bermuda and the US.
In April, Government invited companies to submit expressions...
Bermuda's current account chalked up a surplus of $186 million in the first quarter of this year — an increase of $28m on the same period last year.
The figure represents the difference between the mo...
As one of Bermuda's few exporters to Europe, Gosling's has seen its rum become less expensive for consumers to buy on the other side of the Atlantic, thanks to the plummeting dollar.
However, accordin...
Economist and Opposition Senator E.T. (Bob) Richards says the highest inflation figure in 16 years may just be a "blip" — but that inflation in the construction and property sectors are the real cause...
