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Bermuda has recorded a negative inflation rate for a second consecutive month. In August the annual inflation rate was -0.7 per cent. That was an improvement on the -1.4 per cent recorded in July, which was the first time the island had a negative in...

Lloyd’s of London insurer Chaucer plc has gained the necessary regulatory approvals to launch its new Bermudian reinsurance company. The Bermuda Monetary Authority and the Central Bank of Ireland have given the green light for the company to resume o...

Bermudian-based Maiden Holdings Ltd has continued its return to profitability, and reported third quarter net income of $2.2 million, or three cents per diluted common share. That compares to a net loss of $58.3 million, or 70 cents per share for th...

You’ve been there. You open up a holiday sale e-mail, and the colourful images of trendy new items make you drool a little. You click into the store, ready to shop for Christmas gifts. There’s a gorgeous handbag that immediately makes you think of yo...

Readers, The Dawn of New Beginnings, book one of the Bermuda Islander Financial Planning Primer Series, is available on The Royal Gazette website. Click on the Business tab near the top of the webpage and you will find Bermuda Islander in the drop do...

Shares of Bermuda Aviation Services Ltd fell 10 cents, or 7.1 per cent, to $1.30 after 4,000 traded on The Royal Gazette/BSX Index. Also falling was Watlington Waterworks Ltd, down 35 cents, or 1.3 per cent, at $26.15 after 4,500 changed hands. One...

The “brutal punch” of Covid-19 has been felt by Polaris Holding Company Ltd, the parent of dock operator Stevedoring Services Limited. It suffered a half-year loss of $727,000. The company aims to streamline its spending by 30 per cent by next year, ...

AM Best has affirmed the A financial strength rating of Coralisle Group operating subsidiaries. The ratings agency said it rated Coralisle’s balance sheet as “strongest” and expected the company to report strong earnings. AM Best stated: “The group’...

Appleby’s Bermuda office earned a Tier 1 ranking in five categories in the Legal 500 Caribbean guide. The top ranking came for banking, finance and capital markets; corporate and commercial; insurance/reinsurance; regulatory and compliance; and trust...

Bermuda Realty Company Limited and Coldwell Banker Bermuda Realty staff have been recognised for a combined total of 100 years’ continuous service with the company. The long service awards were presented by president and chief executive officer Brian...