Log In

MUNICH (Bloomberg) — It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move the indus...

Professional services firm KPMG has announced the winner of an annual scholarship worth up to $60,000. Jahlae Outerbridge, who left CedarBridge Academy in 2012, is studying for a bachelor’s degree in accounting at Georgia State University in the US. ...

A multimillion dollar investment in two catamarans by Norwegian Cruise Line will create up to ten jobs in Bermuda. Bill Hanbury, CEO of the Bermuda Tourism Authority said the catamarans, with a 250-passenger capacity each, would be used to transport ...

Former Royal Gazette reporter Nadia Laws has branched out on her own with a new copywriting and PR firm. Ms Laws will launch her new business, The Media Maven, next month with the aim of targeting smaller businesses and charities. And she has already...

Shares of Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette, went up $1.70, or 32.07 per cent, on The Royal Gazette/BSX Index. The move came after 33,066 shares sold, moving the stock price to $7. Utilities firm Ascendant stayed a...

Law student William Finnerty has been awarded a $15,000 scholarship from Marshall Diel & Myers to continue his studies. The law firm has also presented fellow law student Taylor Braithwaite with a $7,500 bursary for his quest to earn his graduate dip...

Arthur Rego has joined financial services consulting firm Oyster Consulting (Bermuda) Ltd. He will provide general compliance consulting with an emphasis on anti-money laundering audits, accounting, valuations, financial management and strategic pla...

The landmark former Lemon Tree Cafe has taken on a new lease of life. Bulli.Social, which styles itself as “Bermuda’s gourmet burger, poutine and dawg shoppe”, serves burgers and other snacks. It opened last week and the new addition to the takeaway ...

Willis Re has appointed Chris McDowell as the next CEO of Willis Re Bermuda. He will take over the top job in January from Michael Harden, who has held the post for two years. John Cavanagh, global CEO of Willis Re, said: “Chris will be a huge asset ...

A long-established Somerset pharmacy has had its first major makeover since it opened more than 20 years ago. Sheryl Martins, who has co-owned Caesar’s Pharmacy with husband Rotimi since it opened, said: “There haven’t been any major changes at all s...