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Bermuda’s global industry groups are joining forces with middle-school teachers to help boost awareness about the island’s economy and careers in international business. Led by the Association of Bermuda International Companies (Abic), the initiative...

Estera has appointed Alison Dyer-Fagundo as managing director of its Bermuda office. The fiduciary and administration services provider, which span off from law firm Appleby, employs 85 professionals in Bermuda, one of 11 jurisdictions in which it op...

Ascendant Group Ltd rose to a new 52-week high as its shares gained 2.6 per cent in Bermuda Stock Exchange trading. The company, which is the parent of power utility Belco, climbed 24 cents to close on $9.49 as 1,300 shares changed hands. Telecoms gr...

The Bermuda Government needs to do a better job of collecting unpaid taxes due before it starts looking for new ways to tax the public. That is one of the views expressed by the Bermuda Chamber of Commerce, reacting to the release of the independent ...

Jerome Halgan has been appointed chief executive officer of Arch Reinsurance Ltd in Bermuda as part of a management shake-up by parent company Arch Capital Group. Mr Halgan has been promoted from within and will move from his current role as CEO of A...

Two Bermuda reinsurers estimated a combined $1.8 billion in pre-tax catastrophe losses for the third quarter. Hurricanes Harvey, Irma, and Maria, as well as two earthquakes in Mexico were among the natural disasters that led to Everest Re estimating ...

A group of gig rowers will attempt a gruelling 20-mile round trip from St George’s Harbour to North Rock in support of Robertson’s Drug Store, which was badly damaged by fire last month. The pharmacy on York Street, St George’s suffered a devastating...

After Hurricane Maria, Puerto Rico’s physical destruction multiplied its financial crisis. But at least one revenue generator is up and running: rum. On the western edge of San Juan Bay in a small town called Catano, a Bacardi Ltd distillery produces...

The owners of the Bermuda Cleaning Limited have opened a janitorial supplies store located on Serpentine Road, Pembroke, where they now sell commercial grade products to the residential market. The Faries family has owned the cleaning business for ov...

Bermuda market companies are likely to pay out at least $25 billion to cover insured losses resulting from hurricanes Harvey, Irma and Maria. That is the preliminary estimate of the Association of Bermuda Insurers and Reinsurers, which said today tha...