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Top accountant Jason Carne is to retire as a managing director at professional services firm KPMG. The company also announced five promotions to its leadership team on the Island — including the first actuary to become a managing director in the firm...

Two young businessmen have teamed up to bring hi-tech gadgets like electric scooters and motorbikes to Bermuda. Alex Marshall and Jamie Lovell joined forces to import and sell a range of products either not available on the Island or at cheaper price...

John Wight, the chief executive officer of BF&M Ltd, is take over as president of the Bermuda Chamber of Commerce. Mr Wight replaces Kristi Grayston, who died suddenly last month. He said yesterday: One of the objectives I have is to raise the profil...

Belmont Hills Golf Course has teed off a $1.5 million renovation programme. The Warwick course is to demolish its existing clubhouse and restaurant and rebuild bigger and better facilities. The development will feature a larger members’ lounge and ba...

An Island entrepreneur has launched a new virtual gaming site. Now 22-year-old Damien Furbert is aiming to carve out a slice of the multimillion dollar global industry. And he is looking for investors and sponsors for his enterprise JoystickPlay. Mr ...

The reinsurance industry is still under pressure from low prices, a top executive said this week. Aspen Re chief underwriting officer Emil Issavi added the year started with a “benign” natural catastrophe environment, a more stable economy and stable...

A businessman has launched a new water purification service for homes and commercial properties. Miguel Pereira — whose R&M Maintenance Group of companies already includes construction and landscaping arms — has expanded the business with new venture...

A total of eight Bermuda female business leaders have been listed in a prestige global top 200 of power women. The 2016 list compiled by London-based business magazine Citywealth includes Kimberley Durrant, UK representative for the Government of Ber...

The Bermuda Stock Exchange recorded a record number of new insurance-linked securities (ILS) listings last year. A record total of 216 new securities were listed, with 58 of them in the ILS segment and worth $6.156 billion. But trading volumes and va...

David Rose, the former managing director of Rubis, got in on the ground floor — and pumped gas for more than a year on his way to the top of the firm. Mr Rose, whose retirement was announced this week, joined predecessor Shell as its first Bermudian ...