Board of Education chairman Darren Johnston yesterday told an audience of business leaders that Bermuda needs a world-class education system to produce graduates capable of participating in the Island...
September was the 17th successive month of falling retail sales volume, Government statistics revealed yesterday.
Around $87 million was spent on retail goods - a fall of $7 million compared to Septem...
The wave of multi-billion dollar mergers that some had predicted for the Bermuda insurance market has not materialised, but the Island's companies have been adding to their size in other ways.
That wa...
Bermuda currently has more advanced insurance regulation than the US or the European Union (EU), an industry conference heard on Friday.
Bradley Kading, president of the Association of Bermuda Insurer...
The profit margins of Bermuda's insurers and reinsurers will come under increasing pressure next year as rates fall after a lack of major catastrophes this year, according to credit rating agency Mood...
Bermuda-based Maiden Holdings Ltd. has announced an agreement with American Capital Acquisition Corporation (ACAC) that is expected to generate more than $200 million a year in extra revenue for the r...
Bermuda-based insurer Max Capital Group Ltd. swung to profit in the third quarter, as it reaped the benefits of an expanding underwriting platform and a lack of hurricanes.
Net income for the July thr...
British Airways cabin crew with the Unite union are being balloted on strike action that could take place over the Christmas holiday period.
The union said on Monday it will announce the results of th...
Bermuda reinsurer Montpelier Re Holdings Ltd. posted third-quarter net income of $148 million on strong underwriting results and gains in the value of investments.
The result was a spectacular rebound...
Bermuda insurer Axis Capital Holdings Ltd. last night reported a net loss of nearly $100 million, driven by permanent impairment of some investment assets and a fall in the value of an insurance contr...