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Bermudian-based reinsurer RenaissanceRe Holdings Ltd saw second-quarter profit rise despite taking a hit of more than $60 million from catastrophe claims. The company posted net income of $136.3 million for the April-through-June period, up from $73....

Postmaster general Wayne Smith has been elected as secretary general of the Caribbean Postal Union. The CPU, which consists of 30 member countries, was established to provide technical support to its members to assist them with becoming more efficien...

The Centre for Justice said today it was relieved that an amendment to the Human Rights Act to allow discrimination on the grounds of sexual orientation in relation to marriage was rejected by the Senate. In a statement, the civil liberties and human...

A motorcyclist was injured after he crashed with a van at the junction of Horseshoe Road and Palm Valley in Southampton this afternoon. Police say it appears that the motorcycle travelling east collided with a van travelling in the opposite direction...

Senator Jeff Baron has called on all segments of society to actively help “tear down the imagery of two Bermudas”. Yesterday in the Senate, the Minister of National Security pledged to invest in those people “left behind”, as he vowed to tackle the ...

Olivier Sarkozy has resigned as a director of Butterfield Bank. The move follows Mr Sarkozy’s resignation as head of the financial services group of private-equity form Carlyle Group, which is Butterfield’s largest shareholder. His resignation as a d...

Bermudian-based Validus Holdings’s second-quarter net income was $95 million, up from $65.8 million in the same period last year. Net operating income per diluted common share was 66 cents, missing the 74 cents consensus forecast of analysts tracked...

Bermuda Hospitals Board and the Bermuda Road Safety Council have put out a road safety message ahead of the Cup Match holiday. They revealed 837 people have been taken to the hospital’s emergency department after road accidents up to July 12 this yea...

Cheryl Hayward-Chew has been named as the new chairwoman of the board at Bermuda Hospitality Institute. BHI’s previous chairwoman was Muriel Richardson, who served on the board for five years but retired earlier this after many years in the hospitali...

The Royal Gazette/BSX Index yesterday closed up 4.99 points, or 0.41 per cent, at 1,211.87. The only trading of the day was 200 shares in Somers Ltd, parent company of Bermuda Commercial Bank, which left the company’s price up 75 cents, or 5.7 per ce...

The deadline for ideas to be submitted regarding the future use of the Cross Island site is this Sunday. Cross Island is nine acres of reclaimed land at the Royal Naval Dockyard, which will host the America’s Cup event village next year. More than 1...

Acting Opposition leader David Burt is urging people to celebrate the heroes of emancipation as they enjoy the Cup Match holiday. “Whether camping with family, gathering at the field with friends or enjoying being on the water, it is a chance for eac...