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Bermuda’s economy slipped back into recession — at least by one widely used definition — in the last quarter of last year, according to figures released by the Department of Statistics yesterday. In the fourth quarter of 2016, gross domestic product ...

Warwick Academy yesterday notched up a double in the annual KPMG Investment Challenge for schools. The #Inspire team took the top spot in a field of 19 teams, with schoolmates Front Street Wolves taking second spot. All the teams were given a virtual...

The board of Women in Reinsurance has three new members. WiRe was set up to encourage the development and promotion of women in the industry. The three new board members are Tracey Gibbons, senior vice-president for specialty reinsurance at Allied Wo...

Insurance firm BF&M today gained 35 cents to $20.95 in Bermuda Stock Exchange trading. The 1.7 per cent rise came as 500 shares changed hands. Utilities firm Ascendant Group was static at $8.50 after 6,300 shares were traded. The Bank of Butterfield ...

First-quarter profit surged 33 per cent for Bermudian insurer Argo Group. Net income was $36.7 million, or $1.19 per diluted share, compared to $27.7 million, or 89 cents per share, for the first quarter of 2016. The company said it had benefited fr...

Ashley Fife and Matthew Ebbs-Brewer, Legally Speaking Like an emerging artist following a breakthrough hit, much has been made of the arrival of Bermuda’s new limited liability company since its introduction in 2016. This new vehicle has already “gon...

Executive coach and career strategist Heeral Gudka will be in Bermuda this month to lead three workshops on women in leadership, coaching skills for managers, and diversity and inclusion in the workplace. London-based Ms Gudka has worked as a coach a...

Ratings agency AM Best has put the financial strength rating of the parent of OneBeacon Insurance Group under review with positive implications following the announcement of its impending sale to Canadian insurer Intact Financial Corporation. OneBea...

Like a prize in a game of pass the parcel, Ironshore Inc switched hands this week for the second time in two years. But it is all good, according to Mitch Blaser, chief executive officer of Ironshore Bermuda. “It is fantastic news for Ironshore overa...

Island businesses need to be prepared for an influx of customers during the America’s Cup, a top staff trainer warned. Now Jan Fraser Business Training is to offer a special one-day course — Customer Service for the Cup — to help ensure top-notch cus...