Bermuda's inflation rate remained in the four percent and over bracket for the fourth successive month in August, the Government announced yesterday.
Consumers paid 4.0 percent more for typical househ...
Bermuda's Malcolm Smith finished second in the Sunfish World Championships this week.
Only champion Sebastian Mera, of the Dominican Republic, in the 100-boat regatta, managed to better Smith, a three...
Bermuda's top golfer Michael Sims still had a chance of making the cut in the Xerox Classic Nationwide Tour event yesterday when play was suspended because of inclement weather, with Sims still having...
Premier Ewart Brown last night said he was rooting for Tiger Woods to win the PGA Championship this weekend to earn a place in October's Grand Slam of Golf in Bermuda.
Dr. Brown was speaking from the ...
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.
...
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...