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When a person dies having made a will, their personal estate is transferred to their personal representatives and thereafter to the person, or people, who have been named as beneficiaries, once the administration of their estate is complete. If a wil...

The RG/BSX Index closed unchanged at 2,711.10 in the absence of trading on the Bermuda Stock Exchange. The New York Stock Exchange and other US financial markets were closed Thursday for the 2021 annual Thanksgiving holiday. The NYSE also closes earl...

Bermudian-based Monument Re has agreed to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc through its existing Netherlands-based platform, the Waard Group. The company said Robein Leven is a closed life insure...

Bermudian-based Avance Gas Holding Ltd has reported a third quarter net profit of $4.2 million. That compares with a net profit of $1.5 million in the second quarter of the year. The company, which is engaged in the transportation of liquefied petrol...

Takeisha Wales’s new online children’s clothing store, Child Style, was triggered by an expensive shopping trip to Hamilton. “One day a year ago, I thought I would run into the store and buy my daughter Ayani some clothes to run around in,” Ms Wales ...

Insurance executive Stephen Catlin was literally made the poster child for anti-coal campaigners at the London Market Conference as it opened yesterday. Activists have urged his Convex Insurance to join more than 40 other leading insurers and refuse ...

Retailers and shoppers are being encouraged to participate in the annual eMonday promotion next week sponsored by the Department of Economic Development and spearheaded by the Bermuda Economic Development Corporation. eMonday was launched in 2010 dur...

With Covid-19 still having an impact on the island, the Royal Naval Dockyard has opted for a little less bustle this holiday season. “Although we love hosting a variety of events for the community every year, we have decided to have a low-key season ...

The oil tanker company Nordic American Tankers Ltd has reported a third-quarter net loss of $44.7 million. Adjusted for an impairment of $8.4 million (non-cash), the net loss was $36.3 million, the Bermudian-based company said. This compares with the...

IncubEx Inc, the company founded by the executive chairman of Bermudian-based Conduit Holdings Ltd, has acquired Insurwave Limited, the insurtech platform. Neil Eckert founded IncubEx in 2016. Conduit Holdings is the parent of Bermudian-based Class 4...