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A new restaurant with a Caribbean flavour is to open in Warwick. And the public was given the chance to pick the name for the new venture in the old Hunt’s grocery store — with a prize of food from the restaurant worth a total of $300 if their name i...

Two hospitality students got help with the cost of their studies thanks to a golf tournament held in memory of a top chef. Indiyah Mendes has been awarded $10,000 to help support her study for a degree in international hospitality and tourism managem...

TOKYO (Bloomberg) — Japan’s bond investors are so desperate for yield that more and more of them are putting money in notes from insurers whose value can be wiped out by unexpectedly strong hurricanes or earthquakes. Catastrophe bonds in the US yield...

Shares worth more than $200,000 were traded on The Royal Gazette/BSX Index last week. Butterfield Bank shares slipped six cents, or 2.9 per cent, to $1.99 after 56,190 shares were exchanged. Also falling was Polaris Holdings, which dropped by five ce...

Utilities firm Ascendant Group rose 15 cents, or 2.8 per cent, on The Royal Gazette/BSX Index. The move came after 12,700 shares changed hands, moving the shares to $5.60. Insurance company BF&M stayed at $17.15 after 858 shares sold. The Royal Gazet...

Dear Dave, I’m trying to help my elderly mom with her finances. She has no debt and more than $1 million in assets. There was also another $500,000 trust left for her by my dad. With access to all this, does she still need long-term health insurance?...

A series of lunch and learn sessions dedicated to aspects of anti-money laundering audit processes, procedures and compliance, are to be held in Bermuda during the next few months. The monthly sessions are being hosted by Oyster Consulting (Bermuda) ...

The Bermuda Foundation for Insurance Studies has held its final event of the summer for its scholarship programme. The 26 BFIS students were treated to lunch by the mentoring and alumni committee before they head overseas to continue their academic s...

Financial services firm Sun Life Financial International has indicated it plans to boost the size of its Bermuda workforce. Dan Fishbein, president of Sun Life Financial International US, said the new offices in Washington Mall had space for more tha...

A segment of Bermudian-based Aspen Insurance Holdings is to open a new office in Texas. Aspen US Insurance will use the Dallas office as hub for regional customers and brokers, with an initial focus on excess casualty products on a wholesale and reta...