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Students looking for a career in international business have been advised they should work abroad after graduation to help guarantee a job in Bermuda. Zuri Phillip, a junior reinsurance analyst at Hamilton Re, told pupils at Berkeley Institute: “Work...

Green energy firm BE Solar is at the cutting edge of solar power — but the firm is 80-plus years old and a pioneer in the field of clean power. Part of the Bermuda Engineering Company, created in 1935, the founder Gordon Burland pioneered the first w...

Credit rating agency Moody’s has welcomed Government’s progress in cutting its deficit. Moody’s said Government had reduced its target for current expenditure cuts from 5 per cent to 3.5 per cent after it was unable to renew its cost-cutting furlough...

A bid to sell the benefits of captive insurance in Bermuda is to be launched in the US next month. An industry delegation led by the Bermuda Business Development Agency is to visit the south east of America to drum up more business for the sector. Th...

A bid is being made to bring more jobs to Bermuda by boosting the presence of hedge funds. Island professionals are to combine to form a branch of the Alternative Investment Management Association to attract the hedge-fund sector back to Bermuda. Cra...

Retail sales volume dropped by more than 1 per cent in December last year — the second successive drop after 11 months of increases. A 30.8 per cent jump in the automotive sector compared to the same month in 2014 contributed to the 0.5 per cent incr...

A Berkeley Institute pupil is on track to be the first to complete a head-start scheme run by the Bermuda Insurance Institute. Imani Smith, aged 17, is expected to complete a two-year associates in general insurance within the next few months. Ms Smi...

Bermudian-based Maiden Holdings yesterday reported profits of $24.7 million for the fourth quarter of last year. The reinsurer’s earnings were down $2.8 million on the same period in 2014. The quarterly figures are equal to 32 cents per share, compar...

John Wight, the Bermuda Chamber of Commerce president, yesterday backed a new tax on services unveiled in last week's Budget. Mr Wight said there was “ a great deal of alignment” between Chamber members and Government on the Budget plans to tackle th...

The price of servicing the Island’s debt will outstrip the cost of the country’s most expensive ministry within two years unless action is taken, Bob Richards warned yesterday. Mr Richards, the finance minister, said that the debt service costs this ...