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For a second consecutive day, The Royal Gazette/Bermuda Stock Exchange reached a record closing high on massive trading volumes. The Index of local company stocks closed up 14.12 points or 0.27 percent to 5,188.66 after shares valued at $28.5 million...

Aspen Insurance Holdings has blown analysts’ expectations out of the water after doubling first quarter profits. The company’s results are the most outstanding year-on-year improvement yet reported by a Bermuda insurance and reinsurance company for t...

A near $4 million drop in profits year-on-year has been recorded by White Mountains Insurance Group. However, the group increased its revenue from insurance and reinsurance premiums by $37 million to a total of $938 million across its three units One...

The race is on to find new ways of generating electricity for Bermuda as the Belco’s ageing Pembroke power plant reaches its capacity even as the Island’s electricity consumption is predicted to increase by 1.5 percent annually over the next 20 years...

Profits for Endurance Specialty Holdings fell $6.2 million to $101.8 million for the first quarter of 2007 compared to the same period in 2006. European windstorm Kyrill, which created a gross loss of $40 million for the company, knocked 9.6 percenta...

Cash registers around the Island are quieter than a year ago, with the latest retail figures showing a four percent fall in the volume of sales once February's 2.2 percent rate of inflation is factored in. Even without the adjustment for inflation, s...

A consortium of three Bermuda communication companies has entered a bid to win the right to install a new undersea telecoms cable linking the Island with the US. A key member of the consortium said that, should it be given the right to go into direct...

Profits of $190.8 million were made by Renaissance Re in the opening three months of the year, compared with $178.9 million during the same period in 2006. The improvement in profitability came despite the company writing $116 million less in gross p...