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Hiscox’s chief executive officer says “good sense is receding” in the reinsurance market, meaning rate rises in the wake of last year’s huge catastrophe losses are likely to be short-lived. The Bermudian-based company reported more than 20 per cent g...

The body that represents the life insurance and reinsurance industry in Bermuda has completed a 12-week maths tutorial programme for students at CedarBridge Academy. Bermuda International Long Term Insurers and Reinsurers said that this was the third...

Privacy will be the topic of a keynote speech at the annual meeting luncheon of the Bermuda Chamber of Commerce on Thursday. Mark Thompson, global privacy lead for KPMG International, and Chris Eaton, cybersecurity lead for KPMG Islands Group, will g...

Payment solutions provider First Atlantic Commerce is now available in Canada to Canadian online merchants. Bermudian-based FAC delivers customised and flexible online credit and debit card processing to businesses in the Latin American Caribbean Reg...

Horizon Communications’ founder Gilbert Darrell is “elated” at the level of support his company is getting after the soft launch of its initial coin offering. The Bermudian-based start-up, which aims to provide a wireless internet service to customer...

A professional cleaning and restoration business has expanded its services by opening a sister company that caters to specialised residential and commercial cleaning. KAM Restoration/Cleaning Solutions has also relocated from its original base in Mil...

Executives of mortgage insurer and reinsurer Essent Group Ltd said that the company’s Bermuda structure still gives it a tax advantage — even after US tax reform reduced the benefit. Essent reported first-quarter profits of $111.1 million last Friday...

Shares of One Communications Ltd improved by eight cents, or 2.9 per cent, to $2.88 after 10,479 traded on The Royal Gazette/BSX Index. Also improving was Butterfield Bank, up 20 cents, or 0.4 per cent, to $48.20 after 673 shares changed hands. Argus...

Triton International Limited, the world’s largest lessor of intermodal freight containers, made adjusted net income of $79.8 million, or 99 cents per share, in the first quarter. That is up on the $35.4 million, or 48 cents per share, achieved in th...

Dear Dave, When is it okay to have a little fun, and buy things you want, when you’re following the Baby Steps plan? — Kaitlin Dear Kaitlin, The time for a little fun is after you’ve completed the first three Baby Steps. Baby Step 1 is saving $1,000...