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The real estate team at law firm MJM Limited has been ranked Tier 1 in Bermuda by The Legal 500. In addition, Denis de Frias, the director responsible for the real estate practice, is listed as a leading individual in Bermuda. MJM has been recognised...

Dear Dave, I received a call the other day from a company saying it could negotiate the balance on my credit cards to a lesser amount. The caller also said they could get me a zero-per cent interest rate until the debts were paid off, and then the ac...

Chubb Limited plans to increase its quarterly dividend of a 25th consecutive year. The board will recommend the increase to shareholders at the company’s annual meeting. The proposed move would lift the quarterly dividend from 71 cents to 73 cents pe...

Customers lined up along the street yesterday as AS Cooper & Sons held a clearance sale featuring discounts of up to 75 per cent. The retailer staged the warehouse-style event away from its main Front Street stores, on the ground floor of the Cumberl...

A gym that takes inspiration from the latest training concepts in North America has set up in Hamilton. The new BEAST gym at the eastern end of Dundonald Street is spread over two floors and has been attracting users of all abilities, even though its...

XL Catlin has appointed Claudia Thyme as director of emerging markets development. She will execute the company’s emerging market strategies, with a particular focus on Latin America. Ms Thyme has 20 years of experience in the insurance industry, te...

An upgrade of Belco’s customer self-service portal has left customers temporarily unable to initiate on-demand debit payments. In an e-mail to customers, the power utility said the portal was upgraded at the start of February in an effort to restore ...

Somers Ltd generated net income of $15.5 million in the last three months of last year, helped by a strengthening of the UK pound. The Bermudian-based financial-services holding company, which owns Bermuda Commercial Bank, reported strong results acr...

KPMG believes that ongoing work on several major construction projects — the new airport terminal, Caroline Bay and the new St Regis hotel — will add investment spending amounting to about 8 per cent of gross domestic product over the next three year...

Butterfield Bank shares surged 4.6 per cent in Bermuda Stock Exchange trading — but they still have some distance to go before they catch up with the bank’s New York-listed shares. On the BSX, Butterfield jumped $2 on the trading of 229 shares to clo...