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The co-founder of Bermuda giants Ace Ltd. and XL Capital has set up another Island-domiciled insurance company backed by more than $1 billion in capital. The latest project of insurance legend Robert Clements is Ironshore Insurance Ltd., a subsidiary...

Bermuda is set to get a new submarine telecommunications cable aimed at encouraging competition and increasing data-carrying capacity. The Ministry of Telecommunications and E-Commerce (METEC) has written to 23 companies inviting them to apply for a ...

Bermuda is set to get a new submarine telecommunications cable aimed at encouraging competition and increasing data-carrying capacity. The Ministry of Telecommunications and E-Commerce (METEC) has written to 23 companies inviting them to apply for a ...

Weather patterns and ocean currents suggest that we should all brace ourselves for a greater number of intense storms in the future, according to a report on global climate published by Aon Re. And the report also details experts’ predictions that we...

Belco Holdings Ltd. announced to shareholders last week that its sales of both electricity and gas increased significantly during the first 11 months of 2006, compared to the same period the previous year. And in the statement to the Bermuda Stock Ex...

Weather patterns and ocean currents suggest that we should all brace ourselves for a greater number of intense storms in the future, according to a report on global climate published by Aon Re. And the report also details experts? predictions that we...

The Pickled Onion restaurant is to close for at least two months to undergo a “night-and-day” transformation, say its owners Island Restaurant Group Ltd (IRG). The New Year’s Eve celebrations will mark the end of the current interior design of the po...

The owners of the Horizons and Cottages resort and the Coral Beach and Tennis Club have announced plans to offer fractional ownership of proposed new luxury cottages. Rumours have been rife that the Wardman family has been planning to sell off the tw...