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A computing tycoon’s widow is “in limbo” because of uncertainty over a government decision on her application to own the island she shared with her husband, a court heard yesterday. Michael Fordham, an English QC, told the civil division of Supreme C...

Axis Capital has been busy tapping the capital markets to ramp up its underwriting capacity. The Bermudian-based insurer and reinsurer has expanded a catastrophe bond offering and added more capacity to its sidecar vehicle, alternative risk transfer ...

The first year Keisha Allen-Smith set up tutoring service, Target Learning, she had only three students. But she stuck to her guns and the numbers started to grow. “Information about it spread through word of mouth,” said the Berkeley Institute teac...

The island’s white-collar union is to hold a forum for expatriate workers to discuss problems with racism and xenophobia. Jason Hayward, the president of the Bermuda Public Services Union, said: “In a recent survey conducted by one of Bermuda’s large...

Bermuda should have an annual celebration of the anniversary of the Theatre Boycott, one of the activists who ended segregation in cinemas and other public places 60 years ago said yesterday. Vera Commissiong, one of the quiet heroes who campaigned a...

A driver left the scene after a car crash at the weekend. Police said they have been unable to trace the driver of the white SUV. A spokesman added it was not known if the car was carrying passengers or if anyone was injured. The incident happened on...

A man appeared in Magistrates’ Court yesterday charged with setting fire to two cars. Justice Iris, 22, faced one charge of arson and two charges of wilful damage to the cars on June 28. He was not required to enter a plea because the case must be he...

Shares of Argus Group Holdings Ltd surged more than 8 per cent on the Bermuda Stock Exchange. The insurer gained 25 cents, or 8.4 per cent, to close on $3.24, as 5,000 of its shares changed hands. Two other stocks also gained ground. Butterfield Bank...

Craig Bridgewater is to join Butterfield Bank as group head of finance. He will join the bank on October 7 this year and report to Michael Schrum, group chief financial officer, the bank said yesterday. Mr Bridgewater was most recently a managing dir...

Randall & Quilter Investment Holdings Ltd has agreed a deal worth at least $25 million to purchase Bermudian reinsurer Sandell Re. London-listed R&Q, which is headquartered in Bermuda, said its subsidiary Randall & Quilter II Holdings Ltd had signed ...

Video recordings on social media of a weekend brawl on a boat are believed to show an incident at a Sunday raft-up off Morgan’s Point, according to police. A spokesman said last night that its circumstances were “unclear”. One film shows a boat packe...

Consumers paid more for goods and services in March than they did in the same month in 2018. The Consumer Price Index rose 1.2 per cent, year-on-year. The level of inflation increased by 0.1 of a percentage point from the 1.1 per cent measured in Feb...