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Senators have passed a handful of bills, including one that increases the cost of the minimum health insurance package by 6.8 percent. Government Senator Cromwell Shakir said the standard premium rate would cost $252.27 per month from April 1, up $1...

Fast ferry Warbaby Fox is in dry-dock as she undergoes a week of repairs. The Government catamaran ferry, which is used in the East End, is currently having its hull and propulsion water jets repaired. The scheduled repairs will not affect any ferry ...

Bermuda-based Bacardi Ltd has announced world number one tennis star Rafael Nadal as the new Bacardi Ltd Global Social Responsibility Ambassador to lead its responsible drinking campaign, ‘Champions Drink Responsibly’. The campaign will utilise adve...

German reinsurance giant Munich Re has listed a $100 million insurance-linked security (ILS) on the Bermuda Stock Exchange (BSX) through its Irish special purpose vehicle. In a statement released yesterday, the BSX said its Listing Committee had appr...

The role of international financial centres (IFCs) in promoting global economic growth and stability will be one of the key themes for the upcoming Society of Trust and Estate Practitioners Caribbean Conference set to be held in Bermuda this summer. ...

Platinum Underwriters Holdings Ltd has announced preliminary loss estimates totalling $160 million for last month’s New Zealand earthquake and the Australian floods and Cyclone Yasi earlier this year. The Bermuda reinsurer believes that its Topiary C...