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The hardening market in the reinsurance sector is the best in decades, a leading insurance executive has said. Conduit Re executive chairman Neil Eckert made the comment as his company released its third quarter trading statement. Mr Eckert said: "As...

Bermudian-based Maiden Holdings Ltd has reported a net loss attributable to common shareholders of $8.2 million for the third quarter of the year. That compares to net income of $2.9 million in the third quarter of 2021. Non-GAAP operating loss was $...

Vance Campbell said today he was looking forward to being consulted on the appointment of a new chief executive for the Bermuda Tourism Authority. The Minister of Tourism was asked at a press conference when he expected the successful candidate for t...

Bermuda is not competitive when it comes to hotel investment and needs to change approach, David Burt said yesterday. He added at a post-Throne Speech press conference that the tourism minister needs greater discretion when it comes to dealing with d...

Bermuda’s loss of direct flights to the major New England gateway city of Boston is linked to the island’s fall in hotel capacity, according to the Minister of Tourism. Vance Campbell said he was “confident” that transport minister Wayne Furbert wou...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda captive Evergreen Insurance Company Limited, with a stable outlook. The ratings reflect EICL’s balance sheet stre...

People with O positive blood were asked to donate after an emergency reduced stocks of the blood type. Donors were asked to make an appointment, although the Bermuda Hospitals Board added that “walk-ins are accepted”. Eyitayo Fakunle, a consultant ha...

The number of Bermudians needing dialysis treatment for kidney disease has increased fivefold in the past 20 years, according to a specialist doctor. Nephrologist Raphael Loutoby said about 250 people on the island require dialysis, compared with abo...

The earth is being plunged into “climate chaos”, according to prominent members of the community who are calling on people to take steps to protect the environment. Anne Hyde, a former executive director for environmental charity Keep Bermuda Beauti...

New Aston Villa coach Unai Emery made a strong start on his return to English football, snapping Manchester United’s nine-game unbeaten streak in a 3-1 home victory over the Red Devils. Elsewhere in the Premier League, Newcastle United continued thei...

Hoegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider, has announced the resignation of John V Veech as chairman of the partnership’s board of directors. Mr Veech has also stepped down from the board entirely, the...

A Pembroke woman was banned from the roads for 18 months after refusing to take a breath test. Natalie Moran, 44, pleaded guilty to the offence when she appeared in Magistrates’ Court yesterday. Cindy Clarke, for the Crown, said police officers wer...