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Bermuda yesterday hit back after the chief executive officer of Lloyd’s of London said Bermuda “stole” the insurance-linked securities market from the city. Ms Beale, speaking at an insurance industry conference in Germany earlier this week, said: “F...

A hi-tech flying car could make its world debut in Bermuda to coincide with next year’s America’s Cup. The makers of the three-wheel PAL-V, which converts from a road vehicle into an aircraft in minutes, said the island was the perfect place to launc...

Awards of radio spectrum will help to enable 4G mobile services in the Great Sound area in time for next year’s America’s Cup. The Regulatory Authority last night announced it had given both CellOne and Digicel bandwidth for the introduction of 4G su...

Consignment store Orange Bay Company will tonight throw a party to celebrate the opening of its children’s department — with an emphasis on giving. For Orange Bay has teamed up with Bermuda’s Feed My Lambs Ministry, which helps orphans in Haiti, whic...

Reinsurance firm PartnerRe yesterday unveiled operating earnings of $185 million for the third quarter of the year. That compares to a figure of $211.6 million for the same quarter of 2015. Net income for the quarter totalled $240.3 million — an annu...

A new lower rate for energy bought from solar power users will take effect from the start of next year. The new feed-in tariff of 17.36 cents per kilowatt hour — about half the previous rate — will start next January. But Grant Gibbons, Minister for ...

Businesses in struggling St George yesterday welcomed news that the Olde Towne will next year play host to 16 cruise ships. And they said that the callers — up from the four ships that visited the port this year — would bring a boost to the local eco...

Insurance giants Chubb Ltd reported record operating income for the third quarter of $1.356 billion. The figure is equivalent to $2.88 per share and is up by more than 51 per cent from the $897 million, or $2.74 per share, for the same period last ye...

It might sound like heresy — but a public speaking expert said yesterday that public talks should not start with the traditional Bermudian “good morning”. Jan Fraser, owner of Jan Fraser Business Training, said: “It’s a wonderful thing, but when I fi...

Market stall holders are to get a lesson in how to inject some New York pizazz into their businesses. Bermuda Economic Development Corporation staff Raymond Lambert and William Spriggs aim to pass on the lessons learnt at an international conference ...