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Bacardi Limited has appointed KC Kavanagh as its new global chief communications officer. She joins Bacardi from Starwood Hotels and Resorts Worldwide, where she worked for 18 years and led the company’s global communications. Ms Kavanagh will be ba...

Consumer Affairs is warning the public about a deceptive “phishing” e-mail being circulated in Bermuda, purportedly sent on behalf of The Department of Consumer Affairs. The fraudulent e-mail letter claims that a complaint has been filed against your...

Shares of KeyTech Ltd improved 45 cents, or 18 per cent, to $2.95 after 1,000 were traded on The Royal Gazette/BSX Index. Also improving were shares of Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette, which rose 10 cents, or 1.4...

Heritage Education Funds International has paid out more than $3.2 million to families in Bermuda this year for postsecondary education. The funding was distributed by Heritage Agency (Bermuda), which is licensed to market the Heritage International ...

Argus Group shares last week improved by 40 cents, or 8.8 per cent, to close at $4.95 on The Royal Gazette/BSX Index. A total of 13,500 of the company’s shares traded. Heading in the opposite direction, shares of KeyTech Ltd were down 35 cents, or 12...

A new restaurant has opened in Flatts, boasting a healthy eating philosophy and with a particularly family and children-friendly outlook. Village Pantry has also hired Bermudians to fill a number of roles, offers a car valet service for customers who...

It was a quiet day on The Royal Gazette/BSX Index, with only two stocks seeing trading. BF&M Ltd remained at $19.90 after 1,000 shares traded, while Butterfield Bank was unmoved at $27.75 after 110 shares changed hands. On the New York Stock Exchange...

Bermuda insurer Axis Capital Holdings Ltd plans to buy and aviation insurance and reinsurance specialist based in Belgium. Axis said the deal it had struck to acquire Aviabel would increase the company’s scale and relevance in the global aviation mar...

Bermuda Monetary Authority has released its first report to highlight the island’s reinsurance industry’s resilience to major, but improbable, catastrophic events. The Authority’s Catastrophe Risk in Bermuda Report gives a high-level overview of the ...

Hamilton Underwriting Limited, the Lloyd’s platform of Hamilton Insurance Group, has been given permission to increase its gross written premium by £52 million ($64.6 million) and to write two new lines of business. Syndicate 3334 had approval for a ...