Log In

A store specialising in America’s Cup merchandise has launched a new website. And the Bermuda Shop on Front Street, part of the Gibbons Company, has already sent America’s Cup team clothing and other Cup-related merchandise to Europe and the US. Paul...

Public relations and copywriting company The Media Maven has hired a new staff member. The company, founded by Nadia Laws, a former reporter at The Royal Gazette, has taken on Robyn Bardgett as a copywriter on a freelance basis. Ms Laws said: “I’m ve...

Retail sales bounced back in March after three previous months of declines. Sales increased to $96.5 million, 5.3 per cent up on the $91.6 million recorded for March last year. After adjustment for inflation, which was 1.9 per cent in March, the volu...

A total of $925 million in securities on behalf of the California Earthquake Authority were yesterday listed with the Bermuda Stock Exchange. The two securities were issued by Ursa Re and placed by Swiss Re Capital Markets, which acted as structuring...

Lifelong bike fan Nicholas Cardoso has fulfilled a dream with his own bike customisation and repair shop. Mr Cardoso took the plunge and opened a shop after spending six years working part-time on days and weekends customising bikes. He said: “This i...

Bermuda was targeted by a computer ransomware virus creating havoc around the world, an IT expert said yesterday. Ronnie Viera, chief operating officer at online payment company First Atlantic Commerce, said: “We can see that Bermuda was targeted. “W...

The departure of Brian Duperreault from Hamilton Insurance Group to US giant AIG will be a boost for both companies, Hamilton Re CEO Kathleen Reardon said yesterday. Ms Reardon added that closer relationships between the two firms would lead to a bus...

A double whammy of cuts in the UK discount rate for bodily injury lump-sum payouts and higher natural disaster losses has hit earnings of the island’s insurance and reinsurance industry. A report by ratings agency Standard & Poors said the combinatio...

Bermuda saw a near 30 per cent drop in offshore insolvency filings last year compared to the year before, the lowest figure since 2013. The island saw a total of 15 compulsory winding up orders last year. In addition, the conversion rate for Bermuda,...

Industry veteran Brian Duperreault has left island-based Hamilton Insurance Group to become head of American insurance giant AIG. Douglas Steenland, chairman of AIG, said: “Brian is uniquely qualified to lead AIG at this important time. “He is a hand...