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Local and international buyers have expressed interest in seven new villas at The Loren at Pink Beach development, the selling agent said. And Rego Sotheby’s International Realty released more details on ownership of the three-bedroom properties. Pen...

A new coffee shop and café has brought a taste of Italy to the heart of Hamilton. BruMae Caffe, on the site of the former Bella Caffe in Burnaby Street, is owned by husband and wife team Bruno and Ashly Cucinotta. Mr Cucinotta said: “We have a fresh ...

Members of the Association of Bermuda Insurers and Reinsurers wrote more than $92 billion in global gross premiums last year. The business was done on a capital and surplus base of $123.6 billion and Abir members reported net income of $10.2 billion ...

Bermuda’s share of net premiums in re/insurance dropped by $7.7 billion to $108.5 billion between 2014 and 2015. The latest figures from the Bermuda Monetary Authority added that capital held fell, but that total assets went up. Capital held dropped ...

Shares of Ascendant Group today surged to a three-year high in Bermuda Stock Exchange trading. The firm, which owns power utility Belco, jumped 51 cents to $8.50 on high volume. The 6.4 per cent increase came as 192,700 shares changed hands. Insuranc...

An American university has chosen Bermuda as its domicile for the first known student-run captive insurance company. Students enrolled in the Davey Risk Management and Insurance Programme at Butler University’s Lacy School of Business in Indianapolis...

Bermuda’s Hamilton Re has bought the renewal rights to Canopius Underwriting Bermuda’s excess casualty book of business. And Sompo Canopius underwriters Stephen Hartwig and Jeremy Wright are set to join Hamilton Re. Mr Hartwig will be chief underwrit...

Dear Dave, My wife and I are debt-free except for our home, and we’re on Baby Steps 4 and 5. Recently, we were asked to make a large donation to a charity we already support. We don’t have the full cash amount they asked for on hand, and after hearin...

NEW YORK (Bloomberg) — American International Group is weighing a plan to hire Bermudian Brian Duperreault as the company’s seventh chief executive officer since 2005, according to people familiar with the board’s deliberations. Other candidates are ...

Island companies yesterday displayed their green credentials in advance of Earth Day tomorrow. Secure document destruction firm Guardian said it had sent more than 3.2 million pounds of paper for recycling since it opened up shop in 2005. The firm sa...