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Bermuda was targeted by a computer ransomware virus creating havoc around the world, an IT expert said yesterday. Ronnie Viera, chief operating officer at online payment company First Atlantic Commerce, said: “We can see that Bermuda was targeted. “W...

Inflation rose to its highest level in two-and-a-half years as the rising cost of gasoline, healthcare and education took a toll on consumers. The cost of living was 2.4 per cent higher in March than in the same month of 2016, according to the Consum...

Retirement experts Bill Storie and Robin Trimingham have published a new book on how to enjoy life after work. The two, who run the Olderhood Group in Bermuda, have written The Third Journey — Making the Most of Your Life After Work. The two said the...

Promises of prosperity from the Government have failed to materialise as Bermuda once again finds itself in a recession, the leader of the Progressive Labour Party says. But Bob Richards, the Deputy Premier and Minister of Finance, yesterday called ...

Almost 45 years since he started at “the bottom of the pile” at Lloyd’s of London, with little more than an ink dip pen and some blotting paper, Stephen Catlin will next week begin the process of retiring from XL Catlin. He will relinquish his positi...

Warwick Academy yesterday notched up a double in the annual KPMG Investment Challenge for schools. The #Inspire team took the top spot in a field of 19 teams, with schoolmates Front Street Wolves taking second spot. All the teams were given a virtual...

An American university has chosen Bermuda as its domicile for the first known student-run captive insurance company. Students enrolled in the Davey Risk Management and Insurance Programme at Butler University’s Lacy School of Business in Indianapolis...

Dear Dave, My wife and I are debt-free except for our home, and we’re on Baby Steps 4 and 5. Recently, we were asked to make a large donation to a charity we already support. We don’t have the full cash amount they asked for on hand, and after hearin...

The former chairman of Ace Bermuda is to be honoured with a lifetime achievement award by the Bermuda Insurance Institute. Rees Fletcher, who retired from the firm, now Chubb, last year, spent more than 30 years in the industry and was the first Berm...

Riddick Bowe is one of five former world boxing champions lined up as special guests for a business conference in Bermuda in October. The former undisputed world heavyweight champion, who gained the title in 1992 by defeating Evander Holyfield, will ...