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Munich Re has sponsored a $75 million cat bond that will be listed on the Bermuda Stock Exchange. The German reinsurance giant has regularly used the Island to raise extra capacity through its Queen Street series of transactions. Queen Street VII Re ...

Allied World Assurance Company Holdings last night reported net income of $219.6 million for the third quarter and comfortably beat analysts’ expectations. The Switzerland-based re/insurer with substantial operations in Bermuda posted operating earni...

Increased police patrols targeted potential trouble spots last night, looking for everything from grenade-wielding gang members to youngsters throwing eggs. The Royal Gazette was invited to join Constables Scott Roberts and Kyle Lathan of the Police ...

PartnerRe Ltd crushed analysts’ estimates as the company booked a profit of close to half a billion dollars in the third quarter. The Bermuda reinsurer posted net income of $486.7 million, or $7.53 per share for the July through September period, rep...

A long-time fruit and vegetable seller is the latest casualty of Bermuda’s flagging economy. For close to 30 years, Robert Sousa has been a mobile fruit and vegetable seller, travelling the Island selling to customers from the back of his custom-outf...

Montpelier Re Holdings reported its third quarter net income swung to $71.7 million from a loss of $66.2 million in the same period last year, thanks to lower catastrophe losses. The company easily beat the expectations of Wall Street analysts posti...

Jacobi Robinson has been invited to train with Bermuda’s senior national cricket team. The Somerset all-rounder was personally invited to join a provisional training squad by Arnold Manders who will serve as national coach on an interim basis when Da...

A friend of mine once laughed when I explained I was more afraid of cockroaches than the harmful chemicals polluting my lungs with each spray of Baygon. Her haughty response? A roach isn’t going to kill you. But that’s the strange thing about phobia...