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PartnerRe Ltd crushed analysts’ estimates as the company booked a profit of close to half a billion dollars in the third quarter. The Bermuda reinsurer posted net income of $486.7 million, or $7.53 per share for the July through September period, rep...

A long-time fruit and vegetable seller is the latest casualty of Bermuda’s flagging economy. For close to 30 years, Robert Sousa has been a mobile fruit and vegetable seller, travelling the Island selling to customers from the back of his custom-outf...

Montpelier Re Holdings reported its third quarter net income swung to $71.7 million from a loss of $66.2 million in the same period last year, thanks to lower catastrophe losses. The company easily beat the expectations of Wall Street analysts posti...

Butterfield Bank yesterday said its core earnings increased nearly 40 percent year-over-year through the first nine months of this year. Improved investment returns and cost reductions helped Butterfield to core earnings of $37.9 million through the ...

The Governor of the Turks and Caicos yesterday announced the signing of a $500 million agreement with Desarrollos Hotelco Group for three new resorts. Governor Ric Todd said the deal comes as the TCI recorded economic growth of more than four percent...

Hiscox Bermuda is bucking the trend by seeking to add to its already growing workforce over the next year. Jeremy Pinchin, who took over as the reinsurance company’s chief executive officer ten weeks ago, told The Royal Gazette it’s his intention for...

Whether you call it Frankenstorm, Stormpocalypse or simply Hurricane Sandy, the giant weather system that barrelled into the East Coast was a favourite topic of conversation on social media from Facebook to Twitter. As people posted updates to frien...