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Led by increases in the health and personal care sector, consumers paid 1.8 percent more in September 2013 than they did a year ago for the basket of goods and services included in the consumer price index (CPI). The total cost of the health and pers...

The offspring of a shipping dynasty has nailed his colours to the mast of the parent company of Bermuda Container Line. Barry Brewer is to become president and CEO of Neptune Group, the holding company for the shipping line, which operates the conta...

Will McCallum is the new managing director at KPMG in Bermuda, the audit, tax and advisory services organisation has announced. Mr McCallum joined the KPMG in Bermuda tax team in 1999. Hespecializes in providing US tax services to entities in the fin...

Capital G has cut four jobs at the bank. A bank spokesperson stated yesterday: “Capital G can confirm that it has recently made four positions redundant as part of its ongoing re-evaluation of its business in meeting its client needs and strategic ob...

A unique office-sharing scheme is set to expand and target smaller local businesses and new firms setting up shop on the island. The move came after the existing office-share building, nineteen, in Hamilton’s Queen Street, became fully-occupied after...

Montpelier Re Holdings is launching a new Bermuda company called Blue Capital Reinsurance Holdings. Blue Capital Re, a property catastrophe reinsurance company, which will invest in insurance-linked securities, filed with the SEC to raise up to $100 ...

Business consultants firm Firm Advisory has announced Calvin Blankendal is to join its team. The firm said Mr Blankendal will play a key role in the business brokerage team as a business sales representative. Mr Blankendal will specialise in bringing...

An explosion in cybercrime could hit Bermuda-based insurance firms, experts have warned. And they urged companies to make sure their insurance policies covered the risk of computer-based attacks on their networks. And US lawyer Jennifer Quinn Broda s...

Legal firm MJM is to host a major conference for lawyers involved in the insurance business. Insuralex — a conference involving a worldwide network of independent insurance and reinsurance lawyers — will be held on the island next month in a first f...

Retail sales fell by more than three percent in August compared with the same month last year. The volume of sales also fell, down more than four percent after adjustment for inflation. The figures marked a reversal from July when retail sales rose 4...