Log In

A Bermuda business offering low-cost shipping to the Island has taken to the skies. Island Bargains of Bermuda has added an air freight service to its existing service by ship. The firm, based in Queen Street, Hamilton, can now offer a air service fl...

Arch Capital last night reported operating profits of $125.8 million for the third quarter of the year, surpassing analysts’ expectations. After-tax earnings per share were $1.01, compared to the 98 cents consensus of analysts tracked by Zacks Invest...

Troncossi Public Relations chief Liz Tee is to deliver a seminar on personal PR at the Chamber of Commerce. Ms Tee said the speech is part of a series of talks on how public relations and social media can help businesses and individuals in reaching t...

Axis Capital Holdings yesterday reported net income of $248 million for the third quarter — down $31 million on the same quarter last year. The figure represents net income available to shareholders of $2.50 a share, compared to the $279 million and ...

Bermuda business has launched a campaign to water down proposed tough US legislation aimed at cracking down on hedge fund reinsurers. The Association of Bermuda Insurers and Reinsurers (Abir), led by president and executive officer Bradley Kading, pe...

The Bank of Butterfield has agreed to buy the multibillion dollar private banking trust and investment arm of rivals HSBC Bermuda. The move means Butterfield will acquire the Bermuda Trust Company Ltd as well as the trust and investment business of H...

Bermuda-based oil drilling rig operators Nabors yesterday posted a loss of $250.9 million for the third quarter of the year. The firm said the net income figure included the impairment of Nabors’ holdings in C&J Energy Services, which totalled $180.6...

Boosted sales were not restricted to official sponsors and vendors during the Louis Vuitton America’s Cup World Series Bermuda weekend this month. The three-day Front Street party brought smiles and extra business to a number of stores on Front Stree...

The final stage of a $100 million redevelopment of the Hamilton Princess will start at the end of the week. The third phase of the massive revamp of the iconic hotel will include a new spa with both indoor and outdoor areas and a new gym with updated...

Profits at insurance and reinsurance firm Argo Group rose by more than $1 million in the third quarter compared to the previous year. After-tax operating income for the July-through-September period hit $24.6 million compared to $23.5 million in the ...