Log In

Insurance company Argus has announced profits of $7.3 million for the year to the end of March — down $8.7 million on the $16 million recorded for the previous year. It reported unrealised investment losses of $8 million, put down to short-term volat...

Front Street store Lusso has struck a deal to carry the luxury leather goods and clothing brand Coach. And last night the shop celebrated the new range with a party and preview. Julia Currelly, fashion director and buyer for the Tess Group of stores,...

Bermuda’s insurance and reinsurance sector could face a major international shake-up after the UK voted to leave the European Union. Brad Kading, president and executive director of the Association of Bermuda Insurers and Reinsurers, said: “Abir memb...

A Pembroke variety store has launched a takeout restaurant. One Stop Variety, in Parsons Road, opened up a new fast-food counter a few days ago. And owner Africa Outerbridge said she planned a grand opening tomorrow, at the store and at the car park ...

Island insurer Freisenbruch-Meyer has launched a new cyberliability protection plan — a first for the Bermuda sector. The Front Street firm said the decision reflected increasing concern about cybercrime in the business world. William Madeiros, execu...

Shoppers paid 1.1 per cent more for the standard basket of goods in April than they did a year ago. Government statisticians said the level of inflation increased by 0.1 of a percentage point over the 1 per cent measured in March. The Consumer Price ...

Staff at drinks firm Bacardi have got on their bikes as part of the company’s drive to be greener. Now Bacardi has been honoured with an award from the Bermuda National Trust, which will be presented tomorrow. Clara Fay, director of corporate affairs...

Island insurer Freisenbruch-Mayer has launched a new cyberliability protection plan — claimed to be a first for the Bermuda sector. The Front Street firm said the decision reflected increasing concern about cybercrime in the business world. William M...

Lloyd’s of London-based insurer Neon has opened a new office in Bermuda. And the firm aims to expand its on-island two-strong team as it targets the US market. Neon has recruited Bermudian Chris Fisher, an underwriter with 25 years of experience in t...

Island financial regulator the Bermuda Monetary Authority pulled in more than $44 million in fees and other revenue last year. Supervisory and licensing fees totalled $38.4 million, while incorporation fees, vault commission and other income amounted...