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Maiden Re has invested in an insurtech drone start-up. The reinsurer is among a group of investors who have provided $2.05 million of funding to Betterview, a US company that uses software and services, including drones, to capture and analyse date f...

Billions of dollars have been wiped off the value of Bermudian-based insurers and reinsurers as concern grows about the potential impact of Hurricane Irma. Yesterday was the worst day for insurance stocks collectively in 2017 as the scale of the loss...

Lamont Marshall wrapped up his long season of racing with a return to the roads and victory in the Labour Day 5K, where he crossed the finish with a near one-minute winning margin. Among the women, it was Gayle Lindsay, who has also been heavily focu...

Greater productivity and efficiencies at Hamilton docks have been key to Polaris Holding Company recording a full-year profit of $1.22 million. It is the second consecutive year that the parent company of Stevedoring Services Ltd has posted positive ...

A new bar is out to prove that being in the doghouse can be a pleasurable experience, providing it is The Dog House at 93 Front Street. Located below Café Cairo, which is also owned by Frank Arnold, the new watering hole had a soft opening last month...

Hurricane Harvey will be the most costly natural disaster in US history, predicts AccuWeather. It believes the impact on the country’s gross domestic product will be $190 million, and as a result will force the Federal Reserve to postpone the next in...

In the wake of WannaCry and other ransomware attacks, risk professionals view cyber extortion as the leading first-party exposure for their organisation. That is one of the findings of the 2017 Rims Cyber Survey, which also showed that there is conti...

The sea views may have gone, but there is plenty of reasons for members of The Ultimate Fitness Club to be thankful for their new location in the heart of Devonshire. Formerly the SeaView Ultimate Fitness Club, it moved to its new location at the beg...

A major business conference that typically would have been too big for Bermuda to handle is going ahead in November. It will bring 800 delegates to the island, filling more than 4,800 room nights at three hotels, and have an estimated economic impact...

Axis Capital Holding’s bid to buy Novae Group has been accepted. At a general meeting in London yesterday shareholders approved the deal, with about 99.97 per cent of shareholder votes cast in favour of the proposal. The approval comes only a few day...