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Bermuda Electric Light Company is accepting applications for a range of company scholarships that are available to Bermudian students. Belco said the scholarships would be awarded to prospective employees of the company who would attend school and re...

The Supreme Court will find out Wednesday afternoon just how sweet it is, the enhanced transaction terms offered by a unit of the Markel Group to buy out retrocessional reinsurance investment funds they are managing. The funds are already in run-off,...

Jean-Francois “Jeff” Bonnin has been appointed to the executive board of directors of SRT Marine Systems plc. He took on the role on February 3. SRT Marine Systems PLC is a global provider of next-generation integrated maritime domain and coastal su...

Laura Murphy is the third Bermudian doctor to join Somers Medical Services Ltd at Weldon House on Victoria Street. Owner and founder Joanna Sherratt-Wyer said: “We are thrilled to announce SMSL’s new ground-floor location, which provides greatly impr...

The Government said on Friday that inflation, as measured by the Consumer Price Index, rose 2.5 per cent in the 12 months to October. A Ministry of the Cabinet Office statement said that during October 2021 consumers paid 2.5 per cent more than they ...

Financial services investment holding company Somers Limited has reported a $24.4-million first-quarter loss on its investment portfolio (2020: gain of $179.9 million), driving net asset value per share at the end of December down to $26.32 (Septembe...

Market volatility or teenage angst may have been what has left only one of the 17 teams in the KPMG 17th Annual Senior School Investment Challenge with the $100,000 they began with at the start of the six-month exercise. The competition began in Nove...

Aircare Limited, the air conditioning, heating and mechanical systems provider, is to close its parts department on Serpentine Road in Pembroke for stocktaking next week. The company said the department will be closed from February 14 until February ...

Rosewood Bermuda has been ranked as the best hotel in Bermuda in US News and World Report’s 12th annual ranking of the best hotels on the island and beyond. Ranked second and third are Hamilton Princess Hotel & Beach Club and Royal Palms Hotel. The F...

Monique White has been appointed to the position of director of human resources at Digicel Bermuda. The company said the promotion will see Ms White oversee the day-to-day operations of the department, including recruitment and employment, labour and...