Butterfield Bank bounced back to make a $40.5 million profit in 2011, after posting losses in excess of $200 million for each of the previous two years.
Chief executive officer Brad Kopp told The Roya...
Government spent nearly $276 million more than it took in revenues in the fiscal year ending March 31, 2011, according to accounts tabled today in the House of Assembly.
Current account expenses, whic...
Document destruction firm Guardian has recycled enough shredded paper since starting up in 2005 to save nearly 11,000 trees, the company revealed yesterday.
Guardian, which uses an industrial shredder...
Argus Group Holdings Ltd made a net loss of $3.9 million for the six months ended September 30, 2011, driven by a soured investment in a Bermuda-based reinsurance company, the company announced yester...
Life insurance policyholders of the folded British-American Insurance Company (BAICO) will get back at least some of the money they are owed by Christmas.
The Official Receiver, Stephen Lowe, announce...
A delegation from Bermuda is in Montreal today seeking to drum up captive insurance business for the Island.
Today’s Bermuda Captive Breakfast Seminar follows a similar event at the Fairmont Royal Yor...
Government has come out against forcing CellOne to provide interconnection to Digicel-Transact’s new long-distance service.
A statement from CellOne said on Friday that the Attorney General’s Chambers...
Bermuda-based reinsurer Platinum Underwriters Holdings last night posted a $53.5 million net loss as catastrophe claims impacted results.
For Platinum, the first of the major Bermuda commercial re/ins...
Bermuda Motors has made five redundancies in its spare parts and sales departments.
All those who lost their jobs were either Bermudians or spouses of Bermudians and were given severance packages.
The...
Bermuda Motors has made five redundancies in its spare parts and sales departments, The Royal Gazette can reveal.
The company said the job losses came as a result of “the review of the Bermuda Motors ...
