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Paraline, a Bermuda-domiciled insurance and reinsurance holding company, has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123. Mr Rayner will also become a member of the group’s board. Mr Rayner has more than 18 yea...

Walter Higgins, the former chief executive officer of Ascendant Group Ltd, has taken on one of the most challenging jobs in the power utility world. The utilities veteran was this week named as CEO of Prepa, the Puerto Rico electricity firm — six mo...

Small business owners are encouraged to attend a public meeting with Cabinet ministers Lovitta Foggo and Jamahl Simmons. The politicians will give information about the new rules for doing businesses with the Bermuda Government at the session about t...

Shares of Devonshire Industries Ltd lost more than a quarter of their value in Bermuda Stock Exchange trading. The parent company of Bermuda Paint, Devonshire fell $1.50, or 26.1 per cent, to close on $4.25 as 2,000 of its shares traded. Butterfield ...

An opportunity for Bermuda residents to experience a better social life, with wine in the mix, has been created through a collaboration of minds. Cushi Ming, 32 and Denzil Nelson 26, have introduced a new social scene for people of different backgro...

Britain would have to apply for regulatory equivalence — just as Bermuda has already successfully managed — in order for its insurers to access European Union markets on a level playing field with continental competitors, under the EU’s latest draft ...

There was no trading on the Bermuda Stock Exchange today, leaving The Royal Gazette/BSX Index to close unchanged on 2,575.92. Butterfield Bank shares did trade in New York, however, where they gained 3 cents, or 0.06 per cent, to close on $46.89. The...

Clarien Bank Ltd will increase term deposit rates for savers after the US central bank raised its key interest rate by quarter of a percentage point today. However, the bank said its base lending rate would remain unchanged meaning borrowers will not...

Clarien Bank today donated $91,000 to nine Bermuda charities as part of its annual giving programme. The donations were made through The Clarien Foundation, the bank’s charitable trust. Michael DeCouto, Clarien Bank’s chief digital and marketing offi...

Action. Life always seems to throw challenges at all of us and at the times we least expect them. Responding to what are often significant change to your life, your business or to your loved ones provides one of the greatest tests any of us will ever...