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Renters of electric minicars in Bermuda now have a more muscular option to consider. Rugged Rentals has launched, offering the Hummer HXT, an electric twist on the iconic American vehicle, with a restricted top speed for safety purposes, and a range ...

Essent Group Ltd has reported net income of $136.4 million, or $1.39 per diluted share, for the second quarter. That is up on the $111.8 million for the same period last year. Mark Casale, chairman and chief executive officer, said: “We are pleased w...

Robert Myron has stepped down as chief executive officer of James River Group Holdings Ltd due to ill health caused by Lyme disease. He has taken on the positions of president and chief operating officer, and remains on the board of directors. J. Ada...

SOBC DARAG has announced its new office in Bermuda as it expands its US and Bermudian operations. It is owned by DARAG Group investors, and is the principal vehicle for North American legacy transactions. It said the Bermuda team will provide “a full...

Bermuda plays host to the TradeWinds International Shipping Forum in October. The two-day event aims to bring together decision-makers and influencers from key sectors within the industry. It will also act as venue for networking between shipowners a...

Deloitte Bermuda is supporting and participating in Bermuda’s first Pride Parade, which will be held on August 31. Deloitte is a signatory of the United Nations’ Standards of Conduct for Business to help tackle discrimination against lesbian, gay, bi...

Shares of Butterfield Bank fell $1.16, or 3.96 per cent, on the New York Stock Exchange, to close at $28.14. There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,164.5. The BSX insurance Index was down 26.7 points, or 1.61 pe...

Overworked. Overscheduled. Overconnected. That’s the world we live in today. It’s overwhelming to say the least. The US Bureau of Labour Statistics found, on average, people with full-time jobs work more than the 40 hours required of them during the...

Botelho Wood Architects has promoted Krystal Rodrigues and Lisamarie Masters to the roles of associate. Ms Rodrigues first joined Botelho Wood as a student intern when the firm opened in 2004. She continued to work at the firm throughout her educatio...

Local and international investors will be invited to bid on the new renewable energy projects laid out in Bermuda’s 20-year electricity plan. This will open the way to competition in the business of generating electricity. The Integrated Resource Pla...