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Four-thousand Ascendant Group shares traded on the Bermuda Stock Echange yesterday. The shares closed unchanged at $13. There were no other trades on the BSX, leaving the index to close unchanged at 1,069.18. The BSX Insurance Index closed up 24.00, ...

Montpelier Re has had its financial strength rating upgraded to A (excellent) from A- by AM Best, the ratings agency announced yesterday. Best also raised the company’s issuer credit rating to “a” from “a-”, as well as upgrading the ICR of its parent...

A doctor charged with using a cell phone while driving had charges against him dismissed after the court heard he was making to an emergency call. Dr Eyitayo Fakunle, 38, pleaded guilty to the charge but as Senior Magistrate Archibald Warner began to...

The Bermuda Perfumery received international kudos this week as travel writer Peter Greenberg called it the best place in the world for perfume. Appearing on CBS This yesterday to promote his new book, ‘The Best Places for Everything,’ Mr Greenberg p...

Alleged drug-smuggling sailor Janis Zegelis was “under threat from a Russian mobster” when he brought cocaine to Bermuda and should be acquitted, his lawyer argued. However, the prosecutor said Mr Zegelis knew exactly what he was doing and “no doubt ...

The Telecommunications Commission has held an industry round-table discussion following concerns and complaints from residents. A Government spokeswoman said yesterday that the complaints largely focused on advertised services not always being delive...