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Aspen US Insurance has announced the set up of its new surety insurance unit, led by Michael Toppi, executive vice-president of Aspen US Insurance. Joining Mr Toppi will be Mathew Raino, vice-president, commercial surety, and Ryan Field, assistant vi...

David Moore believes that the importance of the World Cricket League Division Two tournament to Bermuda’s future cannot be underestimated. Speaking yesterday after the announcement of the 14-man squad for next month’s competition in Dubai, Moore said...

NEW YORK (Bloomberg) Maurice (Hank) Greenberg, the former American International Group Inc chief executive officer, claimed the judge presiding over a New York state lawsuit against him is biased and must step down from the case, according to court p...

CHITTAGONG, Bangladesh (Reuters) Fast bowler Stuart Broad has been ruled out of the World Cup with a side strain, his exit delivering a second body blow in as many days to England’s hopes. “He’s ruled out of the World Cup and he’s flying home tomorro...

If they were serious February 22, 2011 Dear Sir, I, too, believe, like Robin Stubbs (Royal Gazette, February 21) that Dr John Stubbs was interested in improving race relations. He joined NAR, (The National Association of Reconciliation) when many oth...

KANDY, Sri Lanka, (Reuters) - Extraordinary hitting with a cracked bat by New Zealand birthday boy Ross Taylor helped his team pile on an amazing 85 runs in 3.4 overs to set up a 110-run World Cup win over Pakistan yesterday. Taylor was given two 27t...

Dear Sir, It is with great disdain that I feel compelled to write you in reference to an article in your newspaper on the front page of the Sports section on Wednesday March 2nd headlined “Games a waste of time”. I realize that in these economic time...

Shares of Bermuda-based insurer Omega Insurance Holdings Ltd plunged nearly 18 percent yesterday after the firm posted a record loss. Omega said it lost $42.8 million last year, compared with a profit of $43.6 million in 2009, mainly because of claim...

Virtually all asset classes gave positive returns in 2010, said Premier and Finance Minister Paula Cox yesterday as she reported on the performance of the Public Pension Funds. At the end of last December: - Contributory Pension Fund’s assets totalle...

KeyTech Ltd. jumped 12.74 percent (79 cents) to $6.99 on The Bermuda Stock Exchange (BSX) yesterday. The telecommunications provider traded 700 shares during the day. The Ascendant Group Ltd. also climbed 3.44 percent (50 cents) to $15 with 300 share...