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Bermuda Police Service is urging vendors to tighten up on security measures for credit-card payments amid an increase in cybercrime during the pandemic. Superintendent Nick Pedro, officer in charge of the BPS Serious Crimes Division, said the most fr...

A total of 150,000 shares of One Communications traded on The Royal Gazette/BSX Index, but there was no change to the closing price of $3.90. On the New York Stock Exchange, shares of Butterfield Bank were down seven cents, or 0.28 per cent, at $24.6...

Re/insurance plays a significant role in helping communities recover from natural disasters, a new study concludes. Axa XL, in collaboration with the Centre for Risk Studies at Cambridge Judge Business School, released the report, which also outlines...

Kevin Dallas has landed a new job as group head of marketing and communications for Butterfield Bank. Mr Dallas was previously chief executive officer of the Bermuda Tourism Authority from 2017 to February this year, when he stepped down after three ...

Bermuda International Long Term Insurers and Reinsurers has created three new positions on its board of directors. Sylvia Oliveira, a current board member, takes up the position of chairwoman. Ms Oliveira, who is chairwoman and chief executive office...

Hamilton Insurance Group today announced the appointment of Megan Thomas as chief executive officer of the company’s reinsurance business, Hamilton Re. Ms Thomas comes to Hamilton from Bermudian-based rival Axis Capital, where she was chief underwrit...

The Barn thrift store in Devonshire has reopened for the first time since it closed in March due to the Covid-19 pandemic. And it has a bright new space that has been constructed on the site of its former electrical goods section. It had long been pl...

The trend of increasing insurance prices is likely to continue, say industry experts. A panel at the Bermuda Captive Conference, which opened yesterday as a virtual event, unanimously agreed that the hard market would have staying power. Patrick Tann...

Horseshoe has won the “Reinsurance Facilitator of the Year” award at the 2020 Trading Risk Awards. The Trading Risk Awards are regarded as a prestigious honour in the insurance-linked securities market. This year’s award event was held online. The ju...

One Communications has said that as a direct result of investments in its network, nearly all residential FibreWire internet customers received an upgrade to their internet speed this month, free of charge. It said the upgrade was in addition to the...