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PartnerRe has established a new partnership with Ladder, which pioneered the use of machine learning to instantly underwrite life insurance online. Ladder created a streamlined, ten-minute digital process to help modern consumers care for their famil...

Bermuda’s inflation rate turned negative for the first time in 55 years in July. The annual rate was -1.4 per cent, which means consumers paid 1.4 per cent less for a basket of goods and services included in the Consumer Price Index in July than they...

Two mortgage insurers have sponsored a total of $740 million of insurance-linked securities admitted for listing on the Bermuda Stock Exchange in the past week. Genworth Mortgage Insurance and Radian Guaranty, both secured collateralised mortgage rei...

One Communications is offering a new roaming product designed to give its mobile customers more certainty about what they are paying while using their phones abroad and better value. Carry-On Roaming launches today. “An $8 Carry-On Auto Pack provid...

Bermudian-headquartered Bacardi has unveiled plans to put the world’s most sustainable spirits bottle on shelves by 2023. The move is aimed at helping reduce the problem of plastic pollution. The new 100 per cent biodegradable bottle will replace 80 ...

Mya Furbert-Jacobs loves the look of lipgloss, but hates the sticky feel of it. So this summer the 16-year-old started making her own. “I wanted mine to be more soft and have a nice scent and give your lips nice moisture,” the Berkeley Institute st...

Shares of Argus Group Holdings Ltd fell by 84 cents, or 20.9 per cent, to $3.20 after 33,000 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, Butterfield Bank shares were down $1.47, or 5.29 per cent, at $26.30. The Royal Gazett...

Chubb Ltd shook off net pretax catastrophe losses of $925 million to post net income of $1.19 billion in the third quarter. The Swiss-based insurer with substantial operations in Bermuda said net earnings were up from $1.09 billion in the correspondi...

RenaissanceRe Holdings Ltd has reported a profit of $47.8 million, or 94 cents per diluted common share, in the third quarter. This is up from $36.7 million, or 83 cents per share, for the same period a year ago. It had an operating loss was $131.7 ...

Clothing retailer TABS has expanded its product line in response to customer preferences. The Reid Street store, which specialises in Bermuda shorts, acted on the results of a survey that sought feedback from customers on which brands and products t...