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Global insurer and reinsurer XL Catlin last night posted profits of $152.8 million for the first quarter of the year. The figure is nearly $140 million up on the same period last year and equal to 57 cents per share, compared to 7 cents in the first ...

Online property company Propertyskipper yesterday launched a new Bermuda website. The new website is designed to be easier to use and mobile device-friendly. Peter Goodall, director of Propertyskipper, which also operates in Barbados and Guernsey in ...

Butterfield Bank made a profit of $35.9 million in the first quarter of the year. The figure was an increase of $9.1 million on the same quarter last year and equivalent to 65 cents per share, up 84 cents on the last quarter of 2016 and 17 cents over...

Insurance company Chubb yesterday reported profits of more than $1 billion for the first quarter of the year — a 149.2 per cent increase on the same period last year. The $1.09 billion figure compared to the $439 million recorded in the same period o...

The Bermuda Pie Company has signed up with the America’s Cup as an official food supplier for the event village in Dockyard. And owner Kris Furbert predicted that the event would be a major boost for his business. Mr Furbert said: “The America’s Cup ...

Financial services firm LOM made profits of more than $553,000 last year. The firm’s annual report said its net income increased 291 per cent on the previous year’s $141,528. The report said the firm had won new clients over the year ended last Decem...

Former school principal Tim Jackson is set to teach the world about pizza — Bermuda-style. For Mr Jackson and wife Michelle Brock Jackson’s J&B’s Wood Fired Pizza, founded only a few months ago, will make its debut as one of the five primary food and...

Island-based insurer and reinsurer Everest Re Group yesterday reported profits of $291.6 million for the first quarter of the year — up $119.9 million on the same period last year. The profit for the first three months of 2017 breaks down to $7.07 pe...

Three Bermudian engineering firms yesterday celebrated major contracts for work on the new airport which will provide work for more than 50 people. Bermuda-Caribbean Engineering, D&J Excavation and Correia Construction have all been awarded a share o...

Bermudian-based insurance giant XL Catlin is to take part in a hi-tech project to run a fleet of driverless cars between London and Oxford in England. Now it plans to trial six autonomous vehicles around 60 miles between the two cities by 2019. Richa...