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Alternative capital lost roughly the same amount as traditional reinsurers from a series of third-quarter catastrophes. That is the view of ratings agency AM Best, whose own surveys indicate that reinsurers are facing net catastrophe losses totalling...

Under-fire gaming chief Alan Dunch has quit his post, days after the Government tabled legislation to oust him and place the Bermuda Casino Gaming Commission under ministerial control. Mr Dunch told tourism minister Jamahl Simmons in a letter sent la...

Bermudian reinsurer PartnerRe Ltd today reported a third-quarter net loss of $84 million, driven by $472 million in pre-tax catastrophe losses. The company, which is owned by Italian investment firm Exor, benefited from $187 million of favourable res...

A Bermudian graphic design company has donated copies of its America’s Cup Activity Book in honour of National Philanthropy Day. SJD World gave copies of the book, which includes child-friendly games, puzzles and educational resources, to ten commun...

A tractor trailer driver injured in a crash in Hamilton Parish yesterday has been released from hospital. The 37-year-old man, from Warwick, suffered minor injuries when his vehicle hit a wall on Wilkinson Avenue, near Crystal Caves, at about 12.40pm...

Building materials stores and vehicle distributors saw a spike in sales during August, playing a lead role in the 4.7 per cent increase in retail sales for the month. Total sales were estimated at $98.5 million in August, up from $94.1 million in the...

A St George’s woman today denied importing cannabis worth more than $70,000. Natasha York, 41, also pleaded not guilty to possessing 1,430.7 grammes of the drug with intent to supply in St George’s on May 28. Prosecutor Nicole Smith told Magistrates...

A 48-year-old man was this afternoon in serious condition in hospital after his bike hit a parked truck. Police said that it appeared the man’s bike struck a parked truck on Paget’s Ord Road near its junction with Dunscombe Road just before 3pm. A po...

It was a quiet day on The Royal Gazette/BSX Index, with only two stocks trading. A total of 1,834 shares of Butterfield Bank, and 1,162 shares of Somers Ltd, were exchanged, but with no movement to the respective closing prices. The Royal Gazette/BSX...

Claudette Fleming will be awarded a Peace and Social Justice Award for her work supporting seniors. Dr Fleming, the executive director of Age Concern, will be presented with the honour by the Roman Catholic Church of Bermuda tomorrow evening. She is ...

Two fonts walk into a bar ... Adenike Carmichael knows you won’t get the joke. The stationer was thrilled to finally meet her own type at a stationery workshop in the US last month. She was joined by 32 women from “all over the world” after her bes...

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