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Fifteen catastrophe bonds that provide protection from hurricanes to a variety of insurers could incur losses as a result of Hurricane Matthew. That is the warning from S&P Global Ratings as the Category 4 hurricane moved towards Florida last night. ...

A selection of Digicel-branded budget smartphones are proving popular with customers only weeks after going on sale in Bermuda. They sell at a fraction of the price of big name devices, such as Samsung’s Galaxy S7, and Apple’s iPhone, and that has sp...

Reinsurance prices in the Middle East and North Africa are expected to increase after a series of major insured losses in the region during the past 12 months. That is the finding of the annual MENA Reinsurance Barometer report, which polled executiv...

The application of blockchain technology in the financial services realm is shaping up to transform the sector. Faster and securer transactions are among the expected advantages, while increased automation is likely to impact the need for human invol...

Retail sales in July stayed in positive territory, increasing 1 per cent in value year-on-year. Sales of $104.1 million were recorded. After adjusting for the annual retail sales rate of inflation, which was 0.3 per cent in July, the volume of retail...

A business perspective on the digital changes impacting the world now and in the future, has been presented by Microsoft to executives in Bermuda. The first Microsoft CXO event on the island was an opportunity for the technology company to present in...

A company that operates platform supply vessels in the North Sea has moved its domicile from the Marshall Islands to Bermuda. The redomiciling of Nordic American Offshore Ltd became effective on Tuesday. It means the company is now incorporated in th...

Alumiglas is looking ahead to new opportunities as it celebrates its relocation to larger premises. It has been praised by Michael Dunkley, the Premier, for providing apprenticeships and helping Bermudians establish a career in the glazing business. ...

In the investment management industry women account for only 20 per cent of the membership, compared with 34 per cent in the legal profession and 50 per cent of accountants. The comparatively low percentage of women in the investment management space...

Travellers from Bermuda who encounter a problem with new self-service check-in kiosks at JetBlue’s T5 terminal in JFK International Airport should opt for a nearby kiosk assistance desk, not the general help desk, for a speedier solution. That is the...