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International Business

"MetLife to repatriate Bermuda reinsurance unit"

MetLife, the largest life insurer in the US, is to repatriate a Bermuda offshore reinsurance unit. The move to bring Exeter Reassurance back to America would make its business more transparent and it pleases US regulators. MetLife said it plans to me...
May 23, 2013
Local Business

"Concerns raised over KeyTech’s ‘market power’"

The Regulatory Authority overseeing telecoms has launched a review of concerns over what it calls “cross-market” ownership by KeyTech. The RA noted KeyTech’s holdings now include 100-percent control of one of Bermuda’s largest fixed wireline provider...
May 23, 2013
Other

"How will you be spending Bermuda Day?"

When it comes to the May 24 holiday residents typically choose between venturing to the beach or parade to watch the colourful festivities. But there is a lot more to love about the Bermuda Day celebrations, according to the people polled by The Roy...
May 23, 2013
International Business

"Premier on UK calls for tax transparency: ‘We are already there’"

Premier Craig Cannonier yesterday responded to British warnings to its overseas territories on tax avoidance and tax transparency. “Prime Minister (David) Cameron is keen to underscore Britain's position on fighting tax evasion and aggressive tax avo...
May 23, 2013
Other

"Whatever floats your boat"

From a soca fete with some the Island’s hottest DJs to a high energy paint party with the artsy crowd — there is guaranteed to be a float for everyone at tomorrow’s Bermuda Day Parade. The Royal Gazette caught up with organisers for some of the high...
May 23, 2013
Letters to the Editor

"You can’t let feelings cloud your judgment"

May 22, 2013 Dear Sir, Re my article on Bermuda’s need for nuclear power (The Royal Gazette ‘What Bermuda needs is a nuclear power plant’, May 13). I was not surprised by the responses. What worries me is that those people who were fervently against ...
May 23, 2013
Bermuda Stock Exchange

"Butterfield Bank shares drop more than 6%"

Bank of Butterfield shares dropped 6.66 percent ($0.10) in trading on the Bermuda Stock Exchange yesterday. 20,473 shares traded to close at $1.40 a piece. Shares of Argus Group also traded, but ended the day unchanged. Overall, the BSX closed down...
May 23, 2013
Other

"Empowering the visually impaired"

The aim for Bermuda young visually impaired population should be to get them out of the nest and flying independently, as it is with all children. This came from a visiting orientation and mobility specialist, Mickey Damelio, who runs Ability Beyond ...
May 23, 2013
International Business

"Oklahoma tornado losses could top $2 billion"

The massive tornado that tore through the town of Moore, Oklahoma, on Monday afternoon did an estimated $2 billion in damage, putting it on track to become the most expensive tornado in US history. That’s according to the preliminary damage estimate ...
May 23, 2013
Other

"Plumbing problems disrupt TCD service"

A plumbing problem temporarily closed the Transport Control Department yesterday. A Government spokesman reported a problem with one of the City of Hamilton’s main sewer lines shortly after lunchtime and reported it had been resolved by 7pm.
May 22, 2013
International Business

"MetLife to repatriate Bermuda reinsurance unit"

MetLife, the largest life insurer in the US, is to repatriate a Bermuda offshore reinsurance unit. The move to bring Exeter Reassurance back to America would make its business more transparent and it pleases US regulators. MetLife said it plans to me...
May 22, 2013
Local Business

"Rosedon wins TripAdvisor award"

Rosedon Hotel has been honoured as a Top Performing Hotel by travellers posting reviews on TripAdvisor. The 39-room boutique hotel, steps from the city centre, earned a 2013 TripAdvisor Certificate of Excellence. Only the top-performing 10 percent of...
May 22, 2013
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