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Long-established family clothes store Flatts Menswear yesterday opened up in Hamilton. Mickey Adderley and daughter Jennifer Lindo have opened up Flatts Menswear Downtown in the Bermudiana Arcade on Hamilton’s Queen Street, Ms Lindo said: “It’s been ...

Shares of telecoms firm KeyTech soared 13.2 per cent on The Royal Gazette/BSX Index today. The 35-cent move on the trading of 2,097 shares left the company’s price at $3. The Bank of Butterfield fell 6 cents, or 3.5 per cent, to $1.64 after 12,073 sh...

A full-floor office space above the newest phase of Washington Mall is now occupied for the first time since it was constructed in 2010. It is a further encouraging sign for Washington Properties, the owner of the mall complex, as it rebounds from th...

A team from Bermuda took second spot in a cyber-risk competition at the Massachusetts Institute of Technology. The four-strong team from the island’s insurance industry tied for second place with a presentation titled Insurance Innovation: Managing C...

Only a few months after Exor completed its acquisition of PartnerRe, the forward trajectory for the Bermudian reinsurer has become clearer. There has been a restructuring of the company, with its business units now consolidated into three worldwide s...

A furious customer yesterday blasted Clarien Bank for blocking access to his account. And the client said the bank had hit him with late payment fees for his mortgage after it refused to process transactions on his account. The man, who asked not to ...

Sean McPhillips has been appointed as senior vice-president, head of US primary casualty, at Aspen Insurance. He will lead planning, strategy and execution of the primary casualty operation of the company throughout the US. Aspen Insurance is the ins...

Hedge fund reinsurers need to bridge the gap between the risk cultures of hedge funds and reinsurers, if they are to remain viable in the long-term. That is the view of analysts from Standard and Poor’s Global Ratings, who note that HFRs have managed...

Harneys Corporate Services (Bermuda) Ltd has joined the Bermuda Stock Exchange as a listing sponsor. Harneys, an international law firm, established itself on the island last year when it merged with Hurrion and Associates. Greg Wojciechowski, the B...

Utilities firm Ascendant rose 10 cents, or 1.9 per cent, on The Royal Gazette/BSX Index. The move came after 20,000 shares worth a total of $107,000 traded. The Royal Gazette/BSX Index closed up 0.96 points, or 0.08 per cent, at 1220.47. The BSX Insu...