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Declining energy prices have dampened the rate of inflation to a six-year low. The rate of inflation slid to 1 per cent in September, according to Government statistics released today. That is the lowest for any month since December 2009, when Bermud...

Dear Dave, My husband and I are about to relocate to another part of the country. We’d like to sell our house, but we’re thinking about taking out a small loan to have some work done first. We could get in the $180,000 range selling it “as-is” but cl...

Reinsurance firm Tokio Solution has appointed two new co-CEOs to head its Bermuda operation. Susan Lane and Tsuyoshi Harigai, known as Harry, will take over from Kathleen Faries, who will become head of the Bermuda branch of Tokio Millenium Re (TMR),...

The world’s biggest champagne house is to showcase Bermuda in a UK luxury lifestyle magazine. Moët & Chandon had planned to do a photoshoot in Miami for the six-page feature in Tatler — but after a visit to Bermuda by top executives for the America’s...

Bermuda’s asset management business could be boosted by the boom in insurance-linked securities (ILS), an expert said yesterday. Jessel Mendes, a partner at financial services firm Ernst & Young, said: “The interest in insurance-linked securities is ...

This is the first of a series of monthly articles that we, the Institute of Directors-Bermuda Branch, will be writing. This organisation is a branch of the London based Institute of Directors. In Bermuda we have 152 members and have grown rapidly in ...

An investment company which manages more than $300 million of assets has established its operational headquarters in Bermuda — and is now seeking to make a substantial investment in an Island firm. Edelweiss Holdings Ltd focuses on wealth preservatio...

A total of 19,900 shares worth $82,770 were traded on The Royal Gazette/BSX. The Bank of Butterfield was up four cents at $1.89 after 4,000 shares were exchanged. Insurance firm BF&M remained at $17 after 400 shares traded. Utilities firm Ascendant G...

Bermuda Telephone Company (BTC) is to create 14 new jobs on the Island after the launch of a new apprenticeship scheme. The telecoms firm has taken on ten apprentices and will relocate four overseas internet service provider (ISP) specialist jobs bac...

In the latest in a series of monthly columns on information technology issues for businesses, Fifth Step chief executive officer Darren Wray examines four steps to better data protection in a world now battling cyber attacks. Company boards across ...