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The catastrophe bond market has swollen to an all-time high of $29 billion, as growth in the insurance-linked securities sector continues at record-breaking pace. Issuance for the year through June 1 was $8.15 billion — by far the highest figure reco...

Property developer West Hamilton Holdings is poised to move into the hotel business, The Royal Gazette can reveal. The latest move from the firm comes after it earlier this week announced half-year profits to the end of March had more than doubled to...

A lunch-and-learn demo session of an online Bermuda payroll system proved so popular last month that it is being repeated. Bermuda businesses are being given a second chance to see a free demonstration of the system that automates the new changes to ...

Shares of the parent company of Hamilton docks operator Stevedoring Services rose more than 5 per cent in Bermuda Stock Exchange trading today. Polaris Holding Company Ltd closed the day at $5, up 25 cents or 5.3 per cent, as 201 shares changed hands...

There has been a 350 per cent increase in the number of contactless payments made on the island by HSBC Bermuda customers with “Tap & Go” equipped MasterCard credit cards. And the bank expects that trend to continue, especially as the America’s Cup e...

Luxury watchmaker Ulysse Nardin yesterday unveiled a new $10,800 watch to honour its America’s Cup racing partner Artemis Racing. And members of the Swedish team were at Crisson’s jewellers on Hamilton’s Front Street as the Swiss watchmaker, which st...

Cyber-risk is the top concern for Bermuda’s insurance market, followed by increasing regulation and political interference, according to a global survey. The island’s insurers and reinsurers have strong concerns about the threat of political interfer...

A little bit of Spain has landed in Hamilton’s Bermudiana Road. For the MEF/Little Venice Group of restaurants has repurposed what was once The Club as a tapas bar. Now Tapas Club is serving tapas — traditional small snack-style dishes — and the new ...

One Communications today announced that more than 1,000 of its customers have received a free automatic internet speed boost from the upgrading of the telecoms firm’s network. Work on the FibreWire network is ongoing and expected to be completed isla...

The Bank of Butterfield today rose $1 to $32 in Bermuda Stock Exchange trading. The 3.2 per cent rise came as 1,069 shares traded. On the New York Stock Exchange, the bank was also up — 56 cents, or 1.7 per cent, to $33.54. The Royal Gazette/BSX Inde...