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Shoppers paid 1.1 per cent more for the standard basket of goods in April than they did a year ago. Government statisticians said the level of inflation increased by 0.1 of a percentage point over the 1 per cent measured in March. The Consumer Price ...

Only one stock was traded on The Royal Gazette/BSX Index yesterday, leaving the index unchanged at 1,174. Ten Bank of Butterfield preference shares were exchanged, but without any change to the closing price of $1,075. The BSX Insurance Index could n...

Insurance giant Chubb has appointed a new Bermudian graduate trainee. Denzel Simons, an economics graduate from Florida International University, has joined the excess liability department on the two year programme, designed to provide recent graduat...

Cyber-risk insurance has the potential to create a new market and revenue stream for the insurance and reinsurance industry. And it may eventually become a stand-alone single peril class, something many underwriters would like to see happen. Those we...

Staff at drinks firm Bacardi have got on their bikes as part of the company’s drive to be greener. Now Bacardi has been honoured with an award from the Bermuda National Trust, which will be presented tomorrow. Clara Fay, director of corporate affairs...

Top restaurant Marcus’ has a new executive chef. Herb Wilson, who has an international background in the kitchen, joins the Hamilton Princess restaurant from Red Ginger, a southeast Asian restaurant in Florida’s South Beach. Allan Federer, general ma...

The Royal Gazette/BSX Index closed unchanged at 1,174 after a day of no trading. The BSX Insurance Index was up 17.83 points, or 1.1 per cent, at 1,641.18.

Island insurer Freisenbruch-Mayer has launched a new cyberliability protection plan — claimed to be a first for the Bermuda sector. The Front Street firm said the decision reflected increasing concern about cybercrime in the business world. William M...

NEW YORK (Bloomberg) — Aon chief executive officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said Britain’s centuries-long leadership in the industry would be damaged if voters choose to leave the European Union...

The value of shares traded on the Royal Gazette/BSX Index last week was almost $450,000. The index ended the week at 1,174, down 4.65 points, or 0.39 per cent. Government of Bermuda 4.75 per cent senior notes gained $3.25, or 4.2 per cent, to close a...