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Qatar Re is geared to be rapid in its responses to clients — and that is one of the factors that will help to extend its track record of strong growth. That is the view of Gunther Saacke, the company’s chief executive officer, who said a culture of e...

A mother of two young children has launched a website specialising in children’s party items and gifts. Niamah Cann was inspired to launch online boutique La Petite Soirée after seeing top notch party products in a store while on a family trip to Van...

Retail sales fell by 1.1 per cent year-on-year in January to $84.3 million. Five of the seven sectors in the Retail Sales Index saw drops in sales revenue. The biggest loser was the motor trade, with an 11.8 per cent fall in sales revenue, attributed...

Bank of Butterfield shares gained 25 cents to $32.75 on The Royal Gazette/BSX Index. The increase, equal to 0.8 per cent, came after 9,030 shares traded. On the New York Stock Exchange, the bank rose 22 cents, or 0.67 per cent, to $33.02. On the loca...

Container company Triton International Ltd has reported an adjusted net income of $15.3 million for the fourth quarter, and a full-year profit of $48.9 million. The company said it is on target to achieve its target of annual savings of $40 million a...

A Bermudian tycoon has bought a luxury condo in a former US nuclear missile silo designed for the super-rich to shelter from disasters. The businessman paid up to $4.5 million for an apartment in the Survival Condo Project complex, near Witchita in K...

A former bank executive has branched out on her own with a new service designed to bring services given to private banking customers to a wider public. Tasha Jones, former head of commercial banking at Clarien Bank, said that super-rich clients benef...

Instituted at the beginning of the year, new reporting requirements for Bermuda commercial insurers registered as Class 3A, Class 3B, Class 4, Class C, Class D or Class E (Insurers) under the Insurance Act 1978 (Act), improve the visibility of the fi...

The Bermuda Stock Exchange last month launched its “Own Your Share of Bermuda” campaign to raise awareness of opportunities to invest in the island’s public companies. The Royal Gazette is supporting the effort by publishing weekly features on each o...

Grant Gibbons, the Minister of Economic Development, rose in the House of Assembly to congratulate Qatar Re on its new offices at Belvedere Place, telling MPs the firm was “the exact kind of reinsurance entity we need in Bermuda”. He said the firm st...