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Profits at Qatar Inusrance Company fell $24 million to $196 million during the first nine months of this year. However, the parent company of Bermuda-based Antares Reinsurance Ltd has reported strong underwriting results. New written premiums jumped ...

A total of 23,700 shares worth $60,488 traded on The Royal Gazette/BSX Index. The Bank of Butterfield ended the day up two cents (1.1 per cent) at $1.76 after 21,000 shares changed hands. Telecoms firm KeyTech jumped 55 cents (18.3 per cent) to $3.55...

Telecoms firm LinkBermuda has joined forces with BT Ireland to provide data centre and connectivity services on a global scale. David Caldwell, chief executive officer of LinkBermuda, said the deal would increase the range of services offered by his ...

NEW YORK (Bloomberg) — Greenlight Capital Re Ltd posted its third-straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David Einhorn. The net loss for the period ended September 30 widened to $219.7 milli...

Cyber risks, healthcare and risks associated with medical marijuana were among the insurance issues discussed at the Bermuda Insurance Institute’s (BII) Bermuda Insurance Market Conference. Experts from the Island and overseas gave presentations a...

Shares of Bermuda Aviation Services Ltd (BAS) gained by 24 per cent last week on the Bermuda Stock Exchange. BAS, which shot up by 60 cents to close on $3.10 on the trading of 2,000 shares, was the only stock to see its value change after the five da...

NEW YORK (Bloomberg) — Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the US billions due to floods after the storm spared the largest cities in Mexico. Flooding in Texas may lead to more than $3 billi...

A café with a twist has just celebrated a year in business. Twisted Sistah’s Coffee Shop opened last September — and its commitment to natural ingredients and healthy eating has proved a hit with customers. The idea was born after two employees of th...

A total of 54,000 shares worth $205,420 today traded on the Bermuda Stock Exchange. The biggest trader by volume was insurance group Argus, which saw 50,000 shares change hands. Argus ended the day up 15 cents (3.9 per cent) at $3.95. The Bank of But...

Retail sales rose in August, year over year, for the twelfth successive month, reinforcing the trend of increased consumer spending. After being adjusted for inflation, sales were up for a ninth successive month. Retailers took an estimated $83.9 mil...