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Inflation has risen for a second consecutive month and now stands at 3.5 percent, its highest level since last July. Increased airfares and higher gas pump prices were the main drivers of the inflation rise, however there was an increase in prices ac...

Max Capital Group, which changed its name from Max Re Capital yesterday, has achieved first quarter profits of $80 million, up from $75.3m year-on-year. The value per diluted share has gone up to $1.24 from $1.19 a year ago, and the rise in profits c...

Profits increased $4.1 million in the first quarter for Assured Guaranty to $39 million, a 12 percent improvement year-on-year and just above analysts’ expectations. Favourable credit experience despite the trouble in the US sub-prime market was part...

A limited survey of how much money was donated to local charities by Bermuda-based companies during the past year has shown that 20 gave a combined total of $18.3 million. That amount represents only a portion of the total amount given by on-Island c...

Profits more than doubled at Ram Holdings in the first three months of 2007 compared with the same period a year ago. The company has recognised that its premium writing in the first quarter of last year were “somewhat weak” but even so the improveme...

A week of events to present 21st century technology to the general public starts today with the Island's first Technology Week, which has been given the shortened moniker of TechWeek by the Ministry of the Environment, Telecommunications and E-Commer...

Bermuda Chamber of Commerce has plunged into an insolvent position after suffering a $292,7927 loss in 2006, mostly as a result of Government ending the chamber’s contract to run the Island’s five visitor service bureaux. The losses swallowed up all ...

Office workers will surely look on in envy at the new business of entrepreneurs Travis Lewis and Allen DeSilva that means they get to spend the entire summer on fishing expeditions around the reef. Bobbing up and down on the aquamarine waters that su...

Butterfield Bank's role in assisting with the issuing of 2.5 million shares of Bermuda Aviation Services, in a deal worth $15.8 million, has won it the 'Deal of the Year 2007' award for Bermuda from The Banker magazine, a Financial Times publication....