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The head of XL Catlin has backed a bid to reduce the risk of disasters due to climate change. Mike McGavick, who is also the chairman of the board of international insurance industry body the Geneva Association, told a major Paris conference on clima...

Fast-food restaurant Mr Chicken is celebrating 30 years in business. And the three locations will be handing out a $5 coupon on Saturday to customers who spend $30 or more and special prizes throughout the day. Founded by David and Beryl Furbert, the...

Butterfield Bank has been awarded bank of the year in Bermuda and the Caymans. The award, from the international banking industry magazine The Banker, is the third in succession for Butterfield. Butterfield’s chief executive officer Michael Collins s...

Fifteen UK-based students attended a special dinner hosted by the Bermuda Society at the House of Lords. The Bermuda Society, based in Britain, fosters links between the two countries and held the dinner at the Cholmondley Room and Terrace at the Pal...

A new ice cream parlour has opened for business. Owner LaKeila Greaves cut the ribbon to open the new store, called Sprinkles, at Washington Mall. She was joined by Bermuda Government senator Vic Ball and Bermuda Economic Development Corporation (BED...

A restaurant hit by fire has reopened after extensive work to repair the damage. Coconut Rock on Hamilton’s Reid Street is back up and running after it was damaged by fire and its sprinkler system around three weeks ago. Co-owner Christian Herzog sai...

The managing agency for Hamilton Group’s London underwriters is to join the space race. And Hamilton Underwriting, which runs Lloyd’s syndicate 3334 and the Lloyd’s operation of Hamilton Insurance Group, has taken on two new senior underwriters as th...

Retailers are today bracing themselves for a Black Friday business bonanza. Businesses are geared up with special offers and longer opening hours as a flood of shoppers is set to descend on stores from the early hours. Paula Clarke, who represents th...

Bermuda has won a coveted financial gold star from the European Union. The Island has been awarded full equivalence under the tough EU Solvency II regulations by the European Commission after six years of work. The move means Bermuda and Switzerland ...

People aged 55 and over are the “lost generation” of the pensions world, an expert warned yesterday. Miguel DaPonte, senior vice-president for BF&M Investment Services, said: “It’s difficult to say because we get a range of individuals who come in, b...