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PXRE 2Q Report Card Net income: (minus) $11.6 million compared to $2.1 million in 2006 Combined ratio: Not meaningful Gross written premiums: (minus) $474,000 compared to (minus) $22 million in 2006.

Lancashire Holdings Ltd. reported a 64 percent increase in profits for the second quarter, despite having to pay out for the floods which hit the UK and Australia and the earthquakes in Japan. Net income after tax was $82.5 million or 40 cents per di...

A man riding on an inflatable tube was knocked unconscious after he flew off the float and landed in the water. Marine Police, who have not released the man's name were called to the waters near Cambridge Beaches where they found him unresponsive in ...

TAIPEI (Bloomberg) Taiwan's government bonds rose on speculation a slide in local stocks prompted investors to seek the safety of debt. The currency weakened. Ten-year yields fell to a three-week low on concern defaults on US subprime mortgages are s...

A 58-year-old Bermudian woman died suddenly last night after being stranded two-miles off of Bermuda while scuba diving. At 4.15 p.m. yesterday afternoon, the woman, today named as Patricia Steinhoff, along with her husband and two of their friends, ...

Davida Morris once described the House of Assembly as a 'bunch of whining children'. Now, as Bermuda's youngest Senator, she finds the political fray interesting but her non-political friends remain sceptical even though they trust her motives for ge...

Bermuda Aviation Services' (BAS) case against the Government for an alleged breach of its exclusive rights to provide private jet services at L.F. Wade International Airport is set to be decided by arbitration. The case centres around a writ filed by...

LONDON (AP) Chelsea captain John Terry will miss up to a month of the new Premier League season because of a knee injury. The England central defender missed Chelsea's Community Shield defeat to Manchester United on Sunday after damaging medial knee ...

TORONTO (AP) Soccer star David Beckham and his Los Angeles Galaxy team-mates were guests of the Toronto Blue Jays for yesterday afternoon's game against the New York Yankees and got a tour of both clubhouses before the game. A global star whose every...

The Royal Gazette is continuing to call for readers to register their opposition to modern day slavery by signing up to Anti-Slavery International's Fight For Freedom declaration. More than 35,500 people have now signed the petition urging global lea...