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Island-based investment manager HSCM Bermuda has invested $20.1 million in preferred shares in a reinsurance vehicle that will take over $35.3 million of seasoned workers’ compensation liabilities. The deal, on behalf of an unnamed company, was arran...

Bermudian law firm BeesMont has promoted two staff members to partners. Sharon Beesley, director and CEO of the law firm, said that Allan Doughty and Stephanie Paiva Sanderson had proved “invaluable assets.” She added: “We are really delighted to ann...

Butterfield Bank shares improved by 49 cents, or 1.5 per cent, to close at $33 after 196 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were up 69 cents, or 2.06 per cent, at $34.19. Meanwhile, on the local ex...

Fear. If we learn fear from a young age we will miss many opportunities to grow and learn! Fear is something we need to learn to use to our advantage so when faced with new challenges we identify what we need to do to move ahead and move to a better ...

A business strategy company owned by a former Olympic swimmer has set up a new wing designed to help business owners keep their heads above water. Ontru, which also specialises in people management and training, has launched e2e, designed to provide ...

HSBC Bermuda yesterday apologised after it e-mailed personal information on customers to other account holders. The e-mails contained names, e-mail addresses, countries of residence, the name of the customers’ relationship manager and HSBC customer i...

The team behind Flanagan’s Irish Pub has opened a new venture at Belmont Hills golf course. And Divots Bar, Grill and Terrace has created around ten new jobs for Bermudian staff at the Warwick course. Chris Garland, director of Harbourside Holdings, ...

IT firm Fireminds has won a top award from software giant Microsoft. The company was made Microsoft country partner of the year for Bermuda — the third time in a row. Michael Branco, founder and CEO of Fireminds, said that 2017 “has been a productive...

Identical twins who both became Nasa astronauts spoke of the importance of challenge as a motivator at a major human resources conference in Atlanta. Mark and Scott Kelly shared their experiences that helped shaped their views on teamwork and leaders...

The first television adverts for Goslings Rum in the US have proved a hit, according to the firm. A spokesman for Goslings in America said the adverts — which used Oscar-winning talent in the production — had sparked fresh interest in the 200-year-ol...