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Munich Re has ploughed $330 million of capital into a new Bermudian-based vehicle that will reinsure some of its life business. The island-based entity, to be known as Munich Re Bermuda, has been assigned a financial strength rating of A+ by AM Best....

Shares of BF&M Ltd fell 0.9 per cent in Bermuda Stock Exchange trading yesterday. The insurer shed 15 cents to close on $16.60 as 500 shares changed hands. Bermuda Press (Holdings) Ltd, the owner of The Royal Gazette, as well as commercial printing, ...

Fireminds has launched a cloud data centre in the Cayman Islands that will provide solutions and managed services for Logic Communications’ Logic Business Solutions portfolio in Cayman. In addition, Fireminds said customers with operations in Bermuda...

In a bid to help small and medium sized businesses, debt consolidation micro loans of up to $20,000 are being offered by the Bermuda Economic Development Corporation. In addition, the BEDC has increased its ability to act as a guarantor for bank loan...

A man was injured after his pedal cycle was in collision with a car yesterday. The 40-year-old cyclist was on the roundabout on St John’s Road, Pembroke, when the accident happened about 11.35am. A police spokesman said the man, believed to be from P...

The Concacaf Women’s Under-17 Championship, which was postponed last month after violent protests in Nicaragua, has been rescheduled for next month. The tournament will resume on Wednesday, June 6 at the IMG Academy in Bradenton, Florida. Bermuda wil...

The turbocharged Volvo 70 Warrior, sailed by Stephen Murray Jr, has set a blistering pace in the 2018 Antigua to Bermuda Race. Warrior has covered 770 miles in 45 hours of high speed racing in the Atlantic Ocean and is scheduled to finish the race i...

Tourists Corinne and Steve White were horrified when they lost their passports just after they arrived on the island. The couple said yesterday they were overwhelmed when Bermudians mobilised to help search for the missing travel documents, even thou...

Flora Duffy showed just how much she has improved as a runner, by powering away from the competition at World Triathlon Yokohama last night and moving to the top of the ITU WTS overall standings. Once upon a time, the final of the three triathlon dis...

Visiting research vessel Corwith Cramer is to host an open house today. Captain Jason Quilter said the public would be able to take a look around the ship before it resumes its voyage north to New York. Captain Quilter explained that the ship, owned...

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Taylor Canfield and USone Sailing Team are on the verge of a second Argo Group Gold Cup title. The American skipper holds a 2-1 lead in the first to three points final over two-times Gold Cup winner Johnie Berntsson, of Sweden, going into today’s fin...