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The Bermuda Medical Specialties Group has taken a new doctor, Andrea Gilford Johnson. Dr Gilford Johnson hails from Georgetown, Guyana, and has been practising for 18 years with particular interest in community and preventive medicine. “My personal m...

Shares of Bermudian-domiciled insurer Lancashire Holdings Ltd soared 7.1 per cent in London yesterday after the company said it expected to benefit from higher rates. The company suffered a fourth-quarter loss but swung to profit for the full year 20...

Law firm Appleby has added two Bermudian associates to its dispute resolution team with the hiring of Sam Riihiluoma and Jordan Knight. Mr Riihiluoma has practised for more than four years in Bermuda. He has experience across the spectrum of commerci...

The French AccorHotels brand has over 4,500 properties worldwide, and Bermuda’s own Hamilton Princess & Beach Club is among its best. That’s according to the latest US News & World Report annual rankings of best hotels, which just named the Bermuda h...

Shares of Ascendant Group Ltd gained another dollar in Bermuda Stock Exchange trading, taking their gain over the past three weeks to more than 31 per cent. The owner of power utility Belco added 4.8 per cent to close at $22 on the trading of 7,100 s...

Nearly $1 million worth of Butterfield Bank shares traded on the Bermuda Stock Exchange. The bank closed unchanged on $35 as 28,500 shares worth $997,500 changed hands. Butterfield’s US-listed shares gained 82 cents, or 2.33 per cent in New York Stoc...

Chris O’Kane has stepped from his role as group chief executive officer of Aspen Insurance Holdings Ltd after the completion of the company’s takeover by US private-equity group Apollo Funds. Mr O’Kane has led the insurer and reinsurer since it was s...

October’s Retail Sales Index report will be released “within the week”, a government minister promised yesterday. Typically, both the October and November Retail Sales Index reports, produced by the Department of Statistics, would have been released ...

Bermuda was home to 711 active captive insurance companies at the end of last year. The figure was down by 28 from 12 months earlier and down by 65 over the past two years. Bermuda Monetary Authority said yesterday total captive premiums amounted to ...

Somers Ltd has agreed to the conditional sale of its majority stake in UK firm Stockdale Securities Ltd to Shore Capital Markets Ltd in a deal worth up to £4.9 million ($6.3 million). The move follows Somers’ agreement to sell Bermuda Commercial Bank...