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April storms caused $2.3 billion of economic damage in the US, with public and private insurers expected to pay at least $1.5 billion in related claims, according to a report by Aon Benfield. Five separate storm systems caused severe thunderstorms ac...

Benefits that can be achieved by harnessing solar energy and using energy efficient technologies have been described by Stratton Hatfield, BE Solar’s director of development. He was the guest speaker at the Hamilton Rotary Club, where he talked about...

John Wight has been elected to serve a third year as president of the Bermuda Chamber of Commerce. Mr Wight, who is also chief executive officer of BF&M Ltd, became president of the Chamber in early 2016 and was re-elected last year. At the Chamber’s...

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...