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RenaissanceRe suffered a hit of more than $100 million from Covid-19 to its first-quarter results. The Bermudian reinsurer posted a loss of $82 million, or $1.89 per share, in the first three months of the year, compared to net income of $273.7 milli...

Shares of Ascendant Group improved by $3.70, or 12.2 per cent, to $33.95 after 4,700 traded on The Royal Gazette/BSX Index. Also moving up was One Communications Ltd, which added 10 cents, or 2.6 per cent, to close at $4 after 300 shares changed hand...

The marketing director at the Bermuda Business Development Agency, Jamari Douglas, has been accepted into Forbes Communications Council, an invitation-only community for executives in communications, marketing, and public relations. Mr Douglas was v...

A pragmatic approach is being taken by the Bermuda Monetary Authority over companies and institutions that cannot hold board meetings and annual general meetings on the island because of restrictions introduced to combat Covid-19. A BMA spokesman sai...

Ascendant Group Ltd posted net earnings of $4.1 million for the first three months of the year as electricity demand fell. The parent company of power utility Belco said the impact of Covid-19 on the group had been minimal through the end of March an...

Business Staff An insurance industry conference in Bermuda that was to have happened in September has been cancelled, with the organisers now focused on bringing it back next year. The 2020 Bermuda International Life & Annuity Conference was schedule...

Shares of Bermuda Aviation Services Ltd gained 8.9 per cent in Bermuda Stock Exchange trading. BAS jumped nine cents to close on $1.10 as 333 shares changed hands. The only other stock to trade was Ascendant Group Ltd, which remained unchanged on $30...

A total of 2,500 shares of Ascendant Group Limited traded on The Royal Gazette/BSX Index. The shares improved 25 cents, or 0.8 per cent, to $30.25. In New York, shares of Butterfield Bank were down three cents, or 0.14 per cent, at $21.83. The Royal ...

In response to phase one of the Bermuda Government’s reopening plan for the island’s economy, the Bermuda Bankers Association has confirmed the authorised new limited operations and opening times for the island’s banks. This includes opening times fo...

Building owners and managers have been urged to maintain air quality within the premises of business that have been partially or fully closed due to the restrictions imposed during the Covid-19 pandemic. “People think they’ll save money on the electr...