Log In

Reinsurance companies were hit financially on both sides of their balance sheets because of the impact of the Covid-19 pandemic. And there continues to be “significant uncertainty around the ultimate extent and distribution of Covid-19-related losses...

Enthusiasm, innovation and passion for entrepreneurship were evident as the third cohort on the Ignite Bermuda business accelerator programme laid out their stall in a fascinating pitch contest. Participants had the opportunity to present their enter...

A restaurant that has been a popular venue in the centre of Hamilton for 50 years has been put on sale. The Spot, on Burnaby Street, was established in 1945 and has been owned by Thomas “Ted” Powell since 1971. The eatery closed in mid-March because ...

Two-hundred shares of Somers Limited traded on The Royal Gazette/BSX Index. The shares improved $1, or 7.7 per cent, to close at $14. On the New York Stock Exchange, shares of Butterfield Bank were up 75 cents, or 3.43 per cent, at $22.61. The Royal ...

American Financial Group Inc has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, which comprise the legal entities that own its Lloyd’s of London insurer, Neon, to RiverStone Holdings Limited. When the transaction is ...

Retail sales volume in May was down 15 per cent year-on-year. The drop largely reflected the impact of Covid-19 safety restrictions that month, which included curfew hours and kerbside pick up sales for some businesses. In value terms, retail sales f...

Let’s talk about generational wealth. When you hear that term, you might picture “old money” or a huge fortune that gets passed down through the family line and think, “but my family never had that kind of money”. How could I ever build that kind of ...

The Tobacco Bay happy hour will be rocking again tonight after completely dodging the wrath of Hurricane Teddy on Monday. Concession owner Dennie O’Connor of Beach Boys Ltd, was relieved and excited. “We usually get damage,” Mr O’Connor said. “But ...

Hefty discounts will be on offer as the former ASC Women store holds its final liquidation sale. Today, there is 40 per cent off all items, tomorrow 50 per cent, and on Sunday, 60 per cent. Liquidators KPMG Advisory Ltd said: “The sale will include a...

The world’s first exchange-traded fund designed to track digital assets investments has been approved for listing on the Bermuda Stock Exchange. The Hashdex Nasdaq Crypto Index ETF, an open-ended investment fund that will operate as a traditional ETF...