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Bermuda reinsurers’ “anaemic returns” make them the most under-pressure group in an under-pressure industry, according to analysts from a global rating agency. AM Best, maintaining its negative outlook on the global reinsurance sector, said condition...

Barracuda Grill has become the first Bermuda restaurant to join a list of the “most celebrated restaurants across North America”. It has been given the Distinguished Restaurants of North America Award, which recognises fine dining establishments. Sco...

Leaders of the body that represents Bermuda’s international life insurance industry today met with Jamahl Simmons, the Minister of Economic Development. Board members of the Bermuda International Long Term Insurers and Reinsurers April Galda, Chip Gi...

A presentation on how employers can deal with drug use issues in the workplace is to be held next week. Vaughn Mosher, of Benedict Associates, a service provider for the Employee Assistance Programme, will speak on the state of the local drug culture...

Shares of One Communications, BF&M Ltd and Somers Ltd were traded on The Royal Gazette/BSX Index, but there was no change to their closing prices. A total of 1,100 shares of One were exchanged, and 176 shares of Somers and 29 shares of BF&M also chan...

Bank of Bermuda Foundation has launched a new website that will soon enable online funding applications, while also unveiling what it describes as “bold new goals for grant-making”. The changes, which has been two years in the making, are described a...

Maiden Re has invested in an insurtech drone start-up. The reinsurer is among a group of investors who have provided $2.05 million of funding to Betterview, a US company that uses software and services, including drones, to capture and analyse date f...

Billions of dollars have been wiped off the value of Bermudian-based insurers and reinsurers as concern grows about the potential impact of Hurricane Irma. Yesterday was the worst day for insurance stocks collectively in 2017 as the scale of the loss...

Western Union money transfer in Bermuda has been out of service for two weeks due to system upgrades that are poised to provide faster transactions. Alvin Wilson, owner/vice president of Bermuda Financial Network, which provides Western Union service...

A series of five webcasts on the growing global healthcare insurance market in Bermuda is being released during this month. The series was produced by the Bermuda Business Development Agency, working with the industry. Over the past five years, Bermu...