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When Earlena Ingham and niece Kaurie Daniels took over space in Hamilton in February they thought their new health food store would be open within the month. They did not anticipate all the renovation needed, plumbing, electricity, flooring, and they...

Carey Olsen’s Susie Tindall has become a Fellow of the Association of Corporate Governance Practitioners. She is chief governance and operations officer at Carey Olsen Services Bermuda Ltd (Carey Olsen Services). The Association of Corporate Governan...

Leaders of hospitality and global business associations in Bermuda have welcomed the news that British Airways will switch London gateways to Bermuda from Gatwick to Heathrow Airport’s Terminal 5 from March 28. The agreement, announced yesterday by ...

Shares of LOM Financial Ltd improved by one cent, or 0.4 per cent, to $2.80 after 8,800 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were up 33 cents, or 1.5 per cent at $22.28. The Royal Gazette/B...

A virtual market to help Bermudian entrepreneurs and small businesses establish a presence online, and remove the financial burden of doing so, has taken a step forward. Jahde Eve, the founder of Code 441, who has helped Bermudian youngsters improve ...

The inflation rate was zero in June, meaning consumers paid the same as they did a year earlier for a basket of goods and services. It was the second monthly Consumer Price Index report this year to show a zero inflation rate, after April, the month ...

Michael Doak will be leaving Bermudian-based RenaissanceRe Holdings Ltd to launch Griffin Highline Capital, a new private investment firm focused on the insurance industry. Mr Doak is a senior vice-president and portfolio manager for RenRe’s strategi...

PartnerRe has appointed Nicholas Hughes to the newly created role of head of retrocession, and made two hires to further expand its retrocession team. Mr Hughes, who joined the company in 2008, was head of global catastrophe, which included responsib...

Butterfield Bank’s temporary banking centre at Rosebank will cease operations at the close of business on Friday. Starting from Monday, a dedicated teller will be established in the bank’s Reid Street banking centre to assist senior clients and those...

A new Bermudian company is planned to reinsure $5 billion of annuities issued by American Equity Investment Life Holding Company. Värde Partners, a hedge fund, will establish the new reinsurer. The plan is the product of a strategic partnership betwe...