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Small cars are a big hit in Bermuda as sales jumped 15.3 per cent last November compared to the same month the previous year. Lionel Burt, in charge of sales for the Kia marque at Bermuda Motors, said the firm had just taken a delivery of 30 cars, ma...

An island tourism firm has hooked up with a new mobile game development company to create the first mobile app designed to promote Bermuda’s culture. Hidden Gems: Island Eco Tours’ Ashley Harris said she was delighted to be able to offer the app, des...

Julianna Muir has been appointed head of strategy and innovation at Hamilton USA. Ms Muir has worked for the company since 2015 and has been promoted to the newly-created position. She will be a “key participant and leader in designing and executing ...

The Bank of Butterfield dropped $1 in Bermuda Stock Exchange trading today. The fall, equal to 3 per cent, left the bank at $32.50. On the New York Stock Exchange, Butterfield fell 1 cent, or 0.03 per cent, to $33.14. Insurance firm Argus climbed 20 ...

The America’s Cup Bermuda team is to launch a series of information sessions designed to maximise opportunities for local businesses. The ACBDA has set up the Local Business Connect group, representing the island’s business agencies, with the aim of ...

Reinsurance firm RenaissanceRe yesterday posted $69.4 million in profits for the last quarter of 2016 — $22.8 million down on the $92.2 million for the same period of 2015. The company said that Hurricane Matthew, a Category 5 storm that cut through ...

Colonial Group International is the first insurance company in Bermuda to deploy machine learning cyberdefence technology in its network. The artificial intelligence technology comes from British and US-based Darktrace, and detects anomalies in a net...

Spanish-speaking captive insurance experts in Bermuda have created special webcasts aimed at Latin American audiences in a bid to drum up business in the region. The move by the Bermuda Business Development Agency follows the World Captive Forum, hel...

Chubb’s annual profit topped $4 billion for 2016, as the global insurer declared fourth-quarter earnings that surpassed analysts expectations. Evan Greenberg, chairman and chief executive officer of Chubb Ltd, attributed the results to “world-class” ...

A challenging start to the year, and catastrophe losses from Hurricane Matthew and earthquakes in New Zealand, dragged down XL Group Ltd’s earnings for 2016. Net income for the year dropped from $1.2 billion, or $4.15 per share, to $441 million, or $...