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The Covid-19 outbreak has transformed the way we operate in all aspects of life, including and especially the way in which businesses function. In response to shelter-in-place measures and social-distancing restrictions, most companies have implemen...

Bermudian-based Monument Re announced today that the company is donating $120,000 to the Bermuda Community Foundation’s Emergency Fund. The donation represents contributions from the company and also from staff members, which were in turn also match...

There was trading in 1,500 shares of One Communications Ltd, and 200 shares of Polaris Holding Company Ltd, but with no change to either’s closing price on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were u...

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...