Log In

Covid has struck a second branch of HSBC Bank. The Church street branch has been closed for days, with no indication when staff will be allowed to return to work. And the bank said Sunday that the Somerset Branch will now also be closed until Wednes...

A bidder for troubled cable television provider World on Wireless Limited has emerged which may prevent the company from going out of business. Following a winding up petition the company filed at the Supreme Court, Michael Morrison and Charles Thre...

A UK student campaign with branches at 50 UK universities is seeking an agreement from Stephen Catlin at Convex Insurance – a global insurer with a major presence in Bermuda – to pull away from insuring a controversial Australian coalmine. But Convex...

The Government needs to stimulate economic growth with a focus on international business and tourism to avoid a debt crisis, analysts have warned. But investment managers Anchor Investment Management say in their most recent message to clients that t...

The Corporation of Hamilton supports Government plans to revitalise North East Hamilton, but officials in the municipality caution that the plans need to be adequately financed if they are to bear fruit. The comment from Dwayne Caines, chief executi...

The OECD’s effort to push through the controversial global minimum tax model rules may come to an abrupt halt, after the world body received a warning that the rules are not expected to work as intended. The OECD (Organisation of Economic Co-operatio...

The reinsurance market is now projecting, through public reporting, that the total ultimate Covid-19 loss estimate will be about $48.2 billion, but allocated to the 2020 reporting year. A significant amount of this total — $18.9 billion (39 per cent)...

Financial services companies were the biggest gainers on the 2021 Bermuda Stock Exchange, with one company more than doubling its share price during the course of the year and others with strong improvements during the second year of a problematic pa...

For Lloyd’s of London, Brexit led to the most complex commercial transaction needed to establish a company in Europe, and the world’s most expensive insurance start-up, says Lloyd’s CEO John Neal. He is presiding over the continuing makeover — dustin...

Through Britain’s forced economic separation from the Continent, Lloyd’s of London is far more focused on emerging as a more digitally conscious entity in preparation for its leadership role in the 21st century’s new insurance world order. Part of th...