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A Bermuda-based property developer is to join forces with a Qatar investment firm in a massive $8.6 billion development in New York. Brookfield Property Managers has teamed up with the Qatar Investment Authority (QIA) to develop a five building, seve...

Bermuda-based bond insurer Assured Guaranty yesterday posted profits of $129 million for the third quarter — $206 million down on the same period last year. The 2015 third quarter figure — equivalent to 88 cents per share — compares to third quarter ...

A Bermuda tech firm has teamed up with an international software company to provide free cyber-security checks for Island businesses. CheckPoint Software Technologies, based in Israel and the US, has joined up with Hamilton-based Independent Consulti...

Bermuda’s gross domestic product (GDP) went up 1.5 per cent to more than $1.39 billion in the second quarter of the year after adjustment for inflation. An increase in the balance on trade in goods and services — which offset a decline in investment ...

A Bermudian architect turned entrepreneur is aiming to raise the roof in the US with a revolutionary new product. Andrew Outerbridge, a former planning official with the Bermuda Government who is now based in New Jersey, has set up a factory in Guyan...

Bermuda will celebrate Global Entrepreneurship Week with nearly 40 events and activities. Bermuda Economic Development Corporation (BEDC) chairman Nicholas Kempe said that the Global Entrepreneurship Conference, held in Milan, Italy, earlier this yea...

A lack of hurricanes hitting the US boosted profits at reinsurance firm RenaissanceRe in the third quarter of the year. The firm recorded profits of $75.5 million — equal to $1.68 per share — up $7.7 million on the $67.8 million logged for the same p...

Reinsurance firm Blue Capital posted profits of $4.4 million for the third quarter of the year. The specialist in insurance-linked securities (ILS) said that was equivalent to 50 cents a share. Reinsurance premiums written for the quarter were $5.9 m...

A financial analyst who blew the whistle on Bermuda-based Gerova Financial Services four years ago yesterday said he felt “vindicated” now that seven men were last month charged in the US in connection with an alleged $16 million fraud involving the ...

A beauty and massage salon is celebrating nearly two years in business by expanding. Northern Rose Salon has recruited experienced beauty therapist Ella Gerassimova to the team — increasing the range of treatments on offer. Owner Caroline Foster said...