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California-based Bamboo Ide8 Insurance Services LLC, which has a Bermudian-domiciled captive insurance entity, has announced the $16 million close of its Series A funding round. Since launch, Bamboo has raised $75 million in financing to support orga...

Compre, the Bermudian-headquartered international legacy group, has appointed claims veteran Bill Bouvier as claims director, North America. Mr Bouvier will be based in Compre’s Connecticut office and report to David Presley, CEO, North America. He w...

Bermudian-domiciled Monument Re has agreed the novation of a retrocession agreement from Enhanzed Reinsurance Ltd to Monument Re. Enhanzed Re is a subsidiary of Bermudian-based Enstar Group Limited. Monument Re said the retrocession agreement was ori...

The RG/BSX Index closed unchanged at 2,375.41 after one trade for the day on the Bermuda Stock Exchange. Bank of N.T. Butterfield Ltd closed unchanged at $33.00 after 1,354 shares changed hands. The Bank of N.T. Butterfield & Son Limited closed down ...

There is a new face at the LifeThyme Wellness Clinic on Church Street in Hamilton. Jamie Kimball, an American acupuncturist with a passion for women’s health, has joined the practice. Anne Marshall and Carola Cooper started LifeThyme Wellness in 201...

A new deal that East End Asphalt Company Limited has signed with a US provider of industrial aggregate, Carver Companies, will positively impact the price, quality, and convenience of aggregate supply available in Bermuda for construction and related...

Arbitrade co-founder Troy Hogg has filed a complaint in the Supreme Court of the State of New York against 13 defendants seeking damages in the tens of millions of dollars. Joining Ontario resident Mr Hogg as plaintiffs in the wide-ranging action are...

Bermudian-based DHT Holdings Inc, the crude oil tanker company, has announced a new dividend policy with 100 per cent of net income being returned to shareholders in the form of quarterly cash dividends. The new policy will be implemented from the th...

The historic Crisson Building at 71 Front Street has been sold through Herb Crisson of Crisson & Co Ltd Real Estate. Erected somewhere around 1930, the building predates the modern tourism era and was constructed in the period of the Great Depression...

Twelve years after government sought to arrest the decline in retail sales, the ‘Buy Bermuda’ campaign may be in jeopardy. Alarmingly in 2010, government reported how resident purchases overseas increased by a whopping 14 per cent per cent in June 2...