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Hamilton Re has taken on two summer interns as part of its commitment to engaging Bermudians in the insurance and reinsurance industry. Rachel Soares and Tomisha Goater joined the company for a 10-week programme during which they will rotate through ...

Ascendant Group shares had the strongest week among stocks on The Royal Gazette/BSX Index. The parent company of Belco, saw its shares improve $1.44, or 19.2 per cent, to $8.95 after 2,000 were traded during the week. Butterfield Bank also improved b...

High grade technology is at the heart of new alarm systems for motorbikes and scooters. The alarms were created by Italian firm Gemini, which built the alarms for the McLaren F1 supercar, and are distributed by Bermuda’s Full Armour Security. A spoke...

Global insurer Neon has hired a new staff member, boosting numbers to seven since the office opened just over a year ago. Chris Conway has joined the firm in the property reinsurance team, which creates business for Neon’s Bermuda office through US b...

More than six in ten CEOs see disruptive forces as opportunities for their business, according to a global survey by KPMG. The report also shows that there has a been a big increase in concern about reputational and brand risk during the past year. A...

Shares of HSBC Holdings rose 70 cents, or 8.09 per cent, to $9.35 after 395 traded on The Royal Gazette/BSX Index. Ascendant Group shares dropped five cents, or 0.6 per cent, to $8.90 after 300 changed hands, while Butterfield Bank shares slipped 15 ...

Dear Dave, I’ve accepted a promotion that would take me from an hourly wage to a salaried position. Do you have any advice for negotiating a salary? J Dear J, The quick and simple answer to this question is you negotiate it based on what you’re worth...

Investors are constantly reminded that it’s impossible to avoid risk in their portfolio. People are worried about geopolitical risk, interest rate risk, liquidity risk, losing money, volatility, uncertainty and the permanent impairment of capital. Th...

As part of a drive to remove debt from its balance sheet, Somers Ltd has increased the volume of its issued shares by more than 50 per cent since the end of March. That includes two significant transactions involving its major shareholders that resul...

A new service designed to get people home safe in their own cars is to be launched in a first for Bermuda. HomeSafe — part of security firm Security Associates headed by former Road Safety Council head Carlton Crockwell — aims to provide drivers a wa...