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Around 100 bars and nightclubs plan to team up in legal action against Hiscox over the Bermudian re/insurer’s denial of business interruption insurance claims related to the Covid-19 pandemic. The move by the Night Time Industries Association comes a...

After a half a century in operation, the Somerset School of Dancing has merged with In Motion School of Dance. In Motion owner Lizz Pimentel said the April 1 merger happened very quickly. “I have always had the highest regard for the Somerset School...

This is the final in a four-part series prepared by Restructuring and Insolvency Specialists Association of Bermuda, on insights to help small- to mid-size organisations manage financial, operational, and staffing considerations, as well as directors...

There was trading in 15,000 shares of One Communications Ltd, on The Royal Gazette/BSX Index, but with no change to the closing price of $4. In addition, 1,500 shares of Ascendant Group Limited changed hands, but with no impact on the closing price o...

Carla Whitehurst has been promoted to head of legal Bermuda, by Axa XL. She will be responsible for leading the coordination of all legal work across Axa XL’s Bermuda platform. She was formerly senior vice-president, associate general counsel, and i...

Grieving families are having to put off memorial services for loved ones to a later date due to the Covid-19 pandemic, Bermuda’s funeral directors said yesterday. While funeral homes have been granted essential service status by the Government, and c...

Grants, rather than loans, are what small businesses need to help them through during the Covid-19 crisis, says one North Hamilton retailer. That is the view of Betty-Anne Burch of X Girl Friend clothing store on Court Street after The Bermuda Econom...

Many of us will suffer a negative impact on our personal finances from the economic repercussions of the Covid-19 pandemic. This is the fourth in a series of articles by Chartered Financial Analysts Society Bermuda, offering some timely guidance on a...

Shares of Argus Group Holdings Ltd fell 1.9 per cent in Bermuda Stock Exchange trading. The insurer dipped four cents to close on $2.05 as 110,000 shares changed hands. One Communications Ltd was the only other stock to trade. The telecommunications ...

Direct grants of as much as $15,000 will be paid out to companies as part of the Bermuda Economic Development Corporation’s business assistance programme. The BEDC yesterday released details of how $12 million in grants and direct loans and another $...