Log In

A range of swim shorts with a Bermuda theme has expanded. Entrepreneur Uki Deane introduced new lines to his Bermies range of swim shorts after input from customers. Now he is producing his first designs in two different styles — originals and classi...

Reinsurance firm PartnerRe yesterday announced profits of $162.3 million for the fourth quarter of last year — more than $100 million down on the same period in 2014. The profit for the full year was just $47.6 million — put down to the $315 million ...

The chief executive officer of the Bermuda Commercial Bank (BCB) is to stand down, The Royal Gazette can reveal. Peter Horton is to leave the bank at the end of March. Alan Gilbertson, chairman of the bank, one of four in Bermuda and the only special...

White Mountains Insurance Group yesterday posted profits of $274 million for the last quarter of 2015. The figure was up by $219.1 million on the $54.9 million recorded for the same quarter the previous year. The book value per share was $699, up 6.8...

Aspen Insurance Holdings yesterday reported profits of $117.9 million for the final quarter of last year. The figure is equivalent to $1.75 per share and up more than $50 million on the $67.2 million recorded for the same period the year before. Oper...

HSBC Bermuda and Clarien both said yesterday they do not charge fees of the type introduced at the start of the year by rival Butterfield Bank. Butterfield imposed a “statement imaging fee” of $2 a month from the start of this year for making persona...

Reinsurance company Everest Re made profits of $357.3 million in the fourth quarter of last year and beat Wall Street analysts’ estimates by a wide margin. The figure — equal to $8.26 a share — is up on the $340.1 million, or $7.47 per share, for the...

Insurance and reinsurance firm Allied World yesterday posted 2015 fourth-quarter profits of $1.7 million. The figure — equal to two cents a share — is down $128.8 million on the figure recorded for the same period the previous year. The final quarter...

The Middletown area of Pembroke is not best known for thriving hi-tech industries. But brothers Ken and Tyrone Butterfield aim to change that view with their company Ascendant Technologies. The brothers, both qualified in IT and both former civil ser...

A furious customer yesterday blasted Butterfield Bank for introducing new charges “by stealth”. The bank, from the start of this year, introduced a new “statement imaging fee” of $2 a month for online personal customers and a fee for “account monitor...