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Legacy (re)insurer acquirer, DARAG, today announced the conclusion of the second novation agreement with a leading Cayman reinsurer to provide finality for its US liability books. The transaction has been written into DARAG Bermuda Ltd. and is the s...

A popular East End restaurateur and tourism entrepreneur is cutting his staff of 36 by more than half next week as he anticipates depressing business in the first quarter of the year. While he is hoping to bring them back, The White Horse restaurant ...

The latest figures for retail sales continue a miserable trend with September’s retail sales down 3.8 per cent compared with last year, according to the Retail Sales Index (RSI) just released by the Cabinet Office. It was the third consecutive month ...

According to various media, observations from financial, marketing and economist types suggest that pent-up consumer demand will explode in a spending spike in 2022. That’s possible, but what is more interesting is how and what consumers will be pur...

The RG/BSX index closed unchanged at 2,595.09 on the Bermuda Stock Exchange, with 1,000 Bank of Butterfield shares trading and the stock closing unchanged at $37. In New York, the bank closed at $37.99, down 19 cents (0.50 per cent), on the New York ...

Premia Holdings Ltd today closed on its latest acquisition, Navigators Holdings (Europe) NV and its subsidiaries, including property and casualty insurer Assurances Continentales NV (known as “ASCO”), located in Belgium, and its captive reinsurer Can...

Aspen Insurance has increased its electronic footprint to simplify the business it does at Lloyd’s. The company said that to foster collaboration, save time and increase the ease of doing business, it has implemented the e-placing platform Whitespace...

Bermuda-registered Altamira Therapeutics Ltd has been setting up contracts with wholesalers in its lead market, Germany, covering more than 50 per cent of German pharmacies, as it begins its European rollout of Bentrio™, its nasal spray for protectio...

The RG/BSX Index remained at 2,595.09 after 1,000 BF&M shares changed hands, with the stock closing unchanged at $23. No other stock traded. The Bank of Butterfield finished down 50 cents (1.29 per cent) to close at $38.18.

Lots of businesses have a strategic plan, but the sad reality is that very few actually execute them. “Sometimes carrying out the strategic plan becomes a little overwhelming for small business owners,” said Lennox Cumberbatch, an accountant at Abacu...