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Munich Re has ploughed $330 million of capital into a new Bermudian-based vehicle that will reinsure some of its life business. The island-based entity, to be known as Munich Re Bermuda, has been assigned a financial strength rating of A+ by AM Best....

Shares of BF&M Ltd fell 0.9 per cent in Bermuda Stock Exchange trading yesterday. The insurer shed 15 cents to close on $16.60 as 500 shares changed hands. Bermuda Press (Holdings) Ltd, the owner of The Royal Gazette, as well as commercial printing, ...

Fireminds has launched a cloud data centre in the Cayman Islands that will provide solutions and managed services for Logic Communications’ Logic Business Solutions portfolio in Cayman. In addition, Fireminds said customers with operations in Bermuda...

In a bid to help small and medium sized businesses, debt consolidation micro loans of up to $20,000 are being offered by the Bermuda Economic Development Corporation. In addition, the BEDC has increased its ability to act as a guarantor for bank loan...

Dear Dave, My parents have always been bad with money, and recently they lost their home to foreclosure. They found another place to live, and they both work, but since the foreclosure my dad has been asking me for money on a regular basis. He tries ...

Students from the Endeavour Community Sailing met sailers and had the opportunity to race in pro-am spots at the Argo Group Gold Cup in Hamilton Harbour. Bermudian-based Argo Group is the title sponsor of the sailing event, and invited the students o...

Richard Branson believes the Caribbean can show the rest of the world how to minimise the damage being done to the climate and the world’s oceans. The billionaire businessman, who founded the Virgin Group, spoke to attendees of the inaugural Ocean Ri...

Maiden Holdings Ltd’s chief executive officer has thanked customers for their loyalty as the company explores options for its future. Arturo Raschbaum, speaking in a conference call with analysts after Maiden announced a return to profitability in th...

A gallery in Dockyard is offering people the opportunity to paint their own pottery. Jon Faulkner Gallery, which opened in Dockyard right before the America’s Cup last year, started the studio aimed at attracting locals and tourists to come in and de...

A mix of energy resources using natural gas as the principal generating fuel came out on top in an evaluation of the options for the future of Bermuda’s electricity supply. This is revealed in the Integrated Resource Plan Proposal, which compares fou...