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The Canadian company that intends to take over Ascendant Group sees an opportunity in Bermuda to replace fossil fuel energy generation with renewables, as it is doing elsewhere. That was among the comments made by Ian Robertson, chief executive offic...

The Bermuda Monetary Authority and National Association of Insurance Commissioners discussed issues of mutual regulatory interest when they met for a seventh official regulatory dialogue since the signing of a memorandum of understanding in 2015. Th...

Somers Limited has reported a profit of $5.8 million for its third quarter, which ended on June 30. This brings its net loss for the year-to-date down to $14.6 million. The financial services investment holding company announced its quarterly and nin...

Shares of One Communications Ltd fell by five cents, or 1.3 per cent, to $3.75 after 1,000 traded on The Royal Gazette/BSX Index. There was also trading in 3,000 shares of Ascendant Group, the parent of Belco, but with no change to the closing price ...

Sixteen interns have completed the “intro to insurance” programme presented by the Bermuda Foundation for Insurance Studies. The programme, held annually in Bermuda, Atlanta, Chicago, and London, provides teams of university students with the opportu...

Two lawsuits filed in New York courts have been withdrawn after Bermuda Chief Justice Narinder Hargun upheld claims by Bermudian-based Athene Holding Ltd that such matters are the exclusive jurisdiction of the island’s courts. A US-based investor in ...

We all want to do nice things for our loved ones. We go on family trips and celebrate life’s wins together. It’s sometimes difficult for us to consider the bad things that can happen in life, but we still have to be prepared. That’s why having a will...

Damian Resnik has joined the Bermuda office of professional services firm Estera as client and operations director. Estera, which provides funds, corporate and trust services, said Mr Resnik will serve as a director for a portfolio of clients and ass...

After 21 years in the pest control business, Clyde Swann knows a lot about roaches. In fact, when he steps into a house he can tell from the smell alone whether a client has a problem with the little German roaches or the big American ones that fly....

The Weather Channel is likely to get more attention in the offices of Third Point Reinsurance Ltd in the future. That observation was cause for a light-hearted chuckle, but it was more than a throwaway line for chief executive officer Daniel Malloy. ...