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A one-year study has confirmed Bermuda is capable of drawing a significant portion of its energy from the ocean. According to local firm Triton Renewable Energy Ltd, the findings from a marine monitoring buoy open the way for “informed development” o...

A Harvard professor of surgery says it would be of “great advantage” to Bermuda to have an on-Island air ambulance — for emergency medical evacuations and to get organ transplant patients to the US quickly. Dr Stefan Tullius, chief of transplant surg...

Dale Lee is convinced his son Brandon is only alive today because of Bermuda Air Medivac (BAM). Brandon, now 28, crashed his motorcycle while driving home during a bad storm in September 2010. He had no visible injuries that night but the next day he...

Bermuda could permanently lose its on-island air ambulance next month unless an investor willing to buy the business for $2 million comes forward. The service stopped operating temporarily at the end of last year as owners Eloise Bell and Sheldon Smi...

Bermuda-based bond insurer Assured Guaranty Ltd saw first-quarter profit fall as it took a net loss of more than $136 million on defaulted Greek debt that it insured. Operating income fell to $71.2 million in the first quarter, compared with $247.4 m...

AFL Investments is now offering companies free financial planning seminars for their employees to help them reach financial independence. The lunch and learns will be facilitated by wealth managers from AFL Investments. The financial advice firm ha...

West Hamilton Holdings Ltd today announced that its operating profit rose 12.6 percent to more than $633,000 in 2011. In a letter to shareholders, president and chairman David White said that increased demand for parking spaces had helped to boost re...

Bermuda-based insurer Catlin Group wrote more business in the first quarter of the year, but premiums written through its Bermuda operation fell 16 percent. In its interim management statement, the company said it had seen higher rates, especially in...