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Bermudians Adam Johnson and Will Hillier took part in their first gold hunt in Vancouver, British Columbia, Canada. The gold in question was actually $100,000 hidden somewhere in the city. Mr Johnson and his friend did not find the prize, but they d...

Restricting capacity has led Fitch Ratings to forecast a double-digit bump in reinsurance rates for the property catastrophe business at January renewals, significant as some 60 to 70 per cent of non-facultative reinsurance business is up for renewal...

Wista Bermuda, the local chapter of the Women’s International Shipping and Trading Association, will take advantage of the Wista International programme development for two initiatives aimed at supporting women rising in the maritime industry. Wista ...

Markel International has announced plans to merge its professional and financial risks division with its recently expanded cyber team. Markel International’s managing director of wholesale, Andrew McMellin, said that when his company started writing ...

Freight rate observers are forecasting gloomy news for the future of cargo rates. Xeneta chief executive Patrik Berglund expressed his concern this week that economic uncertainty, geopolitical concerns (including over Ukraine), industrial action on l...

The RG/BSX Index remained unchanged for the day, standing still at 2,383.44, in the absence of trading on the Bermuda Stock Exchange. Meanwhile, the Bank of N.T. Butterfield & Son Limited fell 13 cents (0.38 per cent) on the New York Stock Exchange t...

A spokesman for Burrows Lightbourn has confirmed that Frank Amaral has become its new chief executive officer. His first day of work at the company was on November 21. He was previously chief executive officer of One Communications. A press release f...

Niall Sheehy has replaced Frank Amaral as the chief executive of One Communications. Mr Sheehy took over the role on November 1 after Mr Amaral retired from the telecommunications sector. He has more than 20 years´ experience in executive leadership ...

This month, Rinelle White, of Umami Bermuda, has handed out more than 250 free samples of her spice blends, and plans to offer more in the coming weeks. Her goal is to make converts of the “spice averse”. During her five years in business, she has le...

Bermuda is on track for a good year in terms of insurance company registrations. Statistics released by the Bermuda Monetary Authority reveal there have been 63 new registrations to date including two intermediaries, compared with a total of 65 last...