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At Bermuda Brickyard Ltd, the company truck is a bright red 1931 Ford Model A with the company logo on the side. Owner Peter Schindel loves antiques. It was this passion that led him to form the company in 1994. “I bought the old Devonshire post off...

Law firm Kennedys has bolstered its ranks with the addition of three lawyers. Newcomers Nicolas Champ, Lewis Preston and Roshan Sidhu have each worked in an international law firm, and have gained significant professional experience in Bermuda, Engla...

Shares of Ascendant Group Ltd continued their winning streak on the Bermuda Stock Exchange yesterday. The owner of power utility Belco gained 50 cents, or 2.4 per cent, to close on $21 — the highest point since August 2008 for Ascendant shares — as 7...

Portofino has had a makeover, but the charm that has made it a Bermuda favourite for more than four decades remains firmly in place. The Bermudiana Road eatery reopens today after a six-week renovation, which revamped both the front and back of the h...

Arch Capital Group Ltd posted net income of $126.1 million in the fourth quarter of last year, despite significant catastrophe losses. The Bermudian-based insurer and reinsurer estimated $118.2 million in pre-tax catastrophic losses, primarily relate...

Bermuda’s long-term insurance and reinsurance industry is marking a banner year of increased company registrations, driving vital job growth in the jurisdiction. The number of Bermuda-based companies in the sector, which provides global coverage of l...

Bermudian-based reinsurer Maiden Holdings is facing a class-action lawsuit which alleges that it made “misleading statements” about its business. Several law firms yesterday posted press releases to persuade investors who had lost money from the shar...

Shares of Butterfield Bank gained 1.4 per cent in Bermuda Stock Exchange trading. The bank added 50 cents to close on $35 as 1,572 shares changed hands. Butterfield’s US-listed shares advanced 29 cents, or 0.82 per cent to close at $35.67 on the New ...

Shares of Ascendant Group Ltd jumped 6.5 per cent in Bermuda Stock Exchange trading, building on their 10 per cent gain over the past week. Ascendant, the owner of Belco, gained $1.25 to close on $20.50 as 4,755 shares traded. Last month the company ...

Drinks giant Bacardi is on the rock for good, its chief executive has promised. Mahesh Madhavan said that the Cuban-founded company was committed to Bermuda as its global headquarters. Mr Madhavan added: “We have completed 157 years of the company — ...