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John Wasty, Appleby partner and head of the dispute resolution practice in Bermuda, will speak at the 23rd Annual International Bar Association Global Insolvency and Restructuring Conference in Copenhagen, Denmark. The three-day conference starts on ...

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 today. In the fourth quarter of 2016, gross domestic product fell...

The Bank of Butterfield shares rose 50 cents to $34 on The Royal Gazette/BSX Index. The move, equal to 1.5 per cent, came after 1,059 shares traded. Telecoms firm One Communications went up four cents, or 1.4 per cent, to $2.94 after 2,000 shares cha...

A new digital portal designed to connect customers worldwide with Bermuda’s insurance industry has been launched. The service, set up by the Business Development Agency in partnership with professional services firm Deloitte, will give easy access to...

All the time that the America’s cup is taking place, businesses across the island in every part of Bermuda’s economy will need to continue doing business, ensuring that their clients and customers are served the same as any other day. Operating as an...

All electric minicars could be available for rent at the Hamilton Princess from as early as the weekend. The news came as Current Vehicles handed over the first of 25 two-seater Renault Twizys to the hotel. “It’s about giving our visitors what they w...

Bermudian-based OneBeacon Insurance Group is to be bought by Canadian insurer Intact Financial Corporation in a $1.7 billion deal. The transaction will create a North American lender in speciality insurance with more than $1.5 billion of annual premi...

Food and drink suppliers BGA has teamed up with the new Caroline Bay resort to supply a fleet of superyachts expected to flood into the development’s new marina for the America’s Cup. John Tomlinson, president of BGA and Pitt & Co, said: “Our group o...

The island’s first indoor golf training and entertainment centre has been officially opened. Michael Dunkley cut the ribbon at Island Kaddy on Hamilton’s Reid Street, which offers a full golf store, as well as food, drink and three hi-tech golf simul...

Bermudian-based reinsurance and insurance firm RenaissanceRe has posted profits of $92.4 million for the first quarter of the year. The figure, equal to $2.25 per common share, is down $35.6 million on the first quarter of last year. Kevin O’Donnell,...