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Montpelier Re Holdings said second quarter profit jumped to $65.5 million from $23.6 million in the same period last year as pricing improved. The Bermuda-headquartered reinsurer said gross premiums written increased by 17 percent in the quarter, to...

Bermuda Stock Exchange CEO Greg Wojciechowski has welcomed the easing of the 60-40 rule for some listed companies as “a significant step forward in the modernisation and further development of Bermuda’s domestic capital market”. The change came into ...

Premier Paula Cox last night accused Cayman Premier McKeeva Bush of making disparaging remarks about rival jurisdictions to cover up problems in his own country. Ms Cox was answering questions from The Royal Gazette following Cayman’s decision to lev...

A new scholarship has been created to honour the memory of an insurance executive who died after being paralysed in a car accident. Zurich has funded the $15,000 one-year scholarship named after Shernelle Outerbridge, the former CEO of Zurich Invest...

Capital G Bank Ltd said yesterday it had implemented a new integrated core banking system. The bank said the new system, implemented last week, was expected to provide a more modern, flexible and cost effective banking solution. Gapital G Bank and C...

Bermuda-based reinsurer Validus Holdings Ltd last night posted record net operating earnings of $171.2 million that beat the expectations of Wall Street analysts by more than 25 percent. The company benefited from the absence of notable loss events, ...

Bermuda may be looking better and better in its battle for international business with the Cayman Islands. The government of the Cayman Islands on Wednesday announced it will, for the first time, impose a payroll tax — but only on expatriate workers...

By Stephen Wright in London From athlete to politician, Patrick Singleton is braced for a very different Olympic experience in London to when he represented Bermuda at the Winter Games in the luge and skeleton. As the World Olympic Association (WOA) ...

Young Hamilton Parish footballers acquitted themselves well when they competed in the AC Milan intermediate youth soccer tournament in Cleveland, Ohio, with one of the three teams reaching the final of their division. In the AC Milan Continental Cup,...

Janeiro Tucker is back but his Southampton Rangers captain Dion Stovell has stuck by his decision not to play Cup match this year as challengers Somerset are forced into making five changes to last year’s team. Tucker, who recently announced his ret...

Top cyclist Dominique Mayho has been afforded a wonderful opportunity to enhance his skills in Europe. The reigning national road race and time trial champion heads off to France on Sunday where he will undergo an intensive training regiment and comp...