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Deal activity is expected to remain a factor in the insurance and reinsurance industry as chief executive officers look to gain scale and diversification to stay relevant in the market, the PwC Insurance Summit heard. Insurance deals involving the US...

Raynor’s Rubis Service Station, whose founder won a legal battle to open it in an era of segregation, celebrates its 60th anniversary on Saturday. November 10, 1958 was the day Reginald Raynor Sr and wife Lucetta Raynor launched the business, located...

The Bermuda Business Development Agency had a direct economic impact on the island’s economy of $26.3 million in 2017, according to a PwC independent impact study commissioned by the public-private agency. Of that amount, an estimated $23.5 million w...

Bermudian Stacee Smith has been chosen as the first recipient of Walkers Bermuda’s pupillage programme. A past student at Saltus Grammar School and the University of Ottawa, Ms Smith completed a law degree at Queen Mary’s University in London, Englan...

Ascendant Group shares worth more than half a million dollars traded on the Bermuda Stock Exchange. The parent company of electricity company Belco closed unchanged on $17 as 30,000 of its shares changed hands. The only other stock to trade was Somer...

Hundred of delegates who are involved in hotel investment, development and operations, have converged on Bermuda. They will network, hold meetings and learn about hotel and resort opportunities on the island, and have the chance to take a boat tour t...

A phone and computer repair business has grown since it relocated to the heart of Hamilton. Formerly situated on Court Street, iRepair Bermuda moved to Washington Lane early last year, and has benefited from its larger premises and central location. ...

US economic growth is likely to fall to below 2 per cent over the next decade, US chief economist for Standard & Poor’s, told a conference in Hamilton yesterday. Beth Ann Bovino said the slowing growth would be driven by retiring baby boomers leaving...

Bermuda’s role in accelerating insurtech innovation was in the spotlight at the PwC Insurance Summit. The island’s advances in blockchain, eID and supporting insurtech start-ups were highlighted at the annual conference, presented with the Financial ...

The man who oversees a company managing nearly half a trillion dollars of investors’ money sees long-term growth drivers in emerging markets that could reward patient investors. Sridhar Chandrasekharan, chief executive officer of HSBC Global Asset Ma...