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Thousands of people across the island lost power after two generators at electricity firm Belco shut down yesterday. The outage happened at about 8.30am and caused 24 circuits to go down, which affected 16,000 customers. A spokeswoman for the firm s...

Driverless cars will be a focus in English classrooms from October as part of an education initiative supported by Bermuda-based XL Catlin. Code Smart is an innovative computing and robotics education initiative seeks to encourage students to take up...

American International Group Inc has completed its acquisition of Bermudian-based Validus Holdings Ltd. The deal was first announced in January and has now close following receipt of regulatory approvals and approval of Validus shareholders. Brian D...

Student interns are gaining work experience this summer thanks to a local programme. The Ascendant Group Ltd’s Summer Student Programme will place 15 pupils in positions at the company. The students taking part in the summer scheme are Ellington El...

Walter Higgins has resigned as chief executive officer of Puerto Rico’s bankrupt power company after four months in the role. The former CEO of Ascendant, parent company of Belco, was chosen to lead the Puerto Rico Electric Power Authority into priva...

XL Catlin’s operations will become part of new division of French insurance giant Axa, to be named Axa XL. Details of the rebranding and operational combination of the two companies comes after the announcement of Axa’s $15.3 billion acquisition of B...

Ascendant Group Ltd has seen a record number of girls sign up to its Stem camp this year. The camp caters to middle school students looking to enhance their skills in science, technology, engineering and mathematics, by developing challenging robotic...

One of Bermuda’s favourite cocktails has won a few more admirers thanks to the drinking habits of an undercover spy. Lord Alexander Hawke, the protagonist in a series of novels by New York Times bestselling author Ted Bell, frequently visits Bermuda ...

Gary Weller is approaching the end of his working days and is looking forward to a comfortable retirement — but he’s concerned about many fellow Bermudians who face a struggle in their “golden years”. Mr Weller counts himself fortunate to work for Ar...

Karina Forth, a recent graduate of the Bermuda High School for Girls, is the 2018 Robert Clements Scholar, the Chubb Charitable Foundation-Bermuda announced today. And Nathanael Fubler is the 2018 Bermuda College Education Award recipient. Karina is ...

Bermuda Press (Holdings) Ltd’s profit more than doubled to $1.43 million in the first six months of its fiscal year — up from $550,000 a year earlier. The company, which owns The Royal Gazette, as well as commercial printing, real-estate and retail i...

AIG Life & Retirement, a division of American International Group, has appointed Adam Winslow as chief executive officer, International. Mr Winslow is currently CEO of AIG Life Limited (UK), where he has led the business since its acquisition by AIG ...