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Bermuda could become the world’s leading global centre for life reinsurance, an industry leader told attendees at the PwC Insurance Summit. Frank (Chip) Gillis, chairman, Athene Life Re, said: “We’ve gone from a handful of companies to more than 48 c...

Health and wellness company Fuelled Bermuda Ltd is to hold a launch party on Saturday for the organisation’s “Fit and Fuelled” 2020 calendar featuring 13 Bermudians or Bermuda residents. Featuring an individual monthly, and two people in February to ...

Mailboxes has announced the launch of a new website as part of its continuing modernisation drive. Kenny Thomson, president of Mailboxes, said the launch of www.mailboxes.bm was indicative of his desire to push technology to help make the company mor...

The United States Ambassador to the United Kingdom, Robert Wood Johnson, will speak on a panel at the Bermuda Business Development Agency’s Executive Forum in London this month. He will be joined on the panel by Sir Nicholas Soames, former UK defence...

HSBC has announced the introduction of an additional layer of security for its credit card holders. Customers who sign up for the “Credit Card Alert” programme receive personalised e-mail notifications whenever international, local and online credit ...

Shares of BF&M Ltd jumped $1, or 5 per cent, to $21 after 15,600 traded on The Royal Gazette/BSX Index. Ascendant Group Ltd shares were $1 lower, or 3.3 per cent, at $29 after 2,700 changed hands. There was also trading in 2,400 shares of One Communi...

Law firm Carey Olsen Bermuda has “taken the market somewhat by surprise”, according to the 2020 edition of Legal 500 Caribbean. A leading directory for the legal industry, Legal 500 said “nobody (was) expecting the quality of the firm to be so high s...

Mortgage insurer Essent Group Ltd’s earnings rose by 24.6 per cent for the third quarter. The Bermudian-based company reported net income $144.6 million, or $1.47 per diluted share, for the three months ended September 30, compared to $116 million, o...

The rate of inflation climbed to 1.5 per cent in August. That is 0.3 percentage points higher than in July. The all-items index was 106.5 in August, which means a basket of goods and services that cost $100 in April 2015, now costs $106.50. Year-on-y...

Shares of One Communications Ltd spiked 26.7 per cent in Bermuda Stock Exchange trading. The telecommunications group surged 80 cents on the trading of 5,000 shares to close at $3.80. The only other stock to trade on the BSX was BF&M Ltd, which remai...