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HSBC Bank Bermuda will be closed for business on Monday, because of the threat of Hurricane Teddy, the bank said tonight. In a statement, a spokeswoman for the bank added: “This is subject to change depending on how the situation evolves over the nex...

Hiscox must pay out on some of its clients’ disputed business interruption insurance claims, the High Court of England and Wales ruled yesterday. The Bermudian re/insurer reckons the judgment will result in less than £100 million ($129 million) of ad...

Belco crews were praised by David Burt, the Premier, after they worked flat-out to restore power to more than 22,000 homes after Hurricane Paulette. The firm re-enlisted retired staff from the electricity generation firm to help ensure the lights wen...

Fewer than 150 homes were still without power this afternoon as Belco crews continued Hurricane Paulette restoration efforts. All main lines had been restored and electricity was back on for more than 24,000 customers by late afternoon yesterday. A t...

Noon update: Close to 25,000 homes have lost power throughout the island, as Hurricane Paulette continues to strengthen into a strong Category 2 even as it moves slowly north from Bermuda after making landfall early this morning. Almost 23,000 people...

The Minister of National Security said this afternoon that she was “happy” the island made it through “a very serious hurricane”. Renée Ming asked residents to continue to be patient as work teams travelled across Bermuda to assess the extent of the ...

The public were warned yesterday to prepare for the impact of what is expected to become Hurricane Paulette — and also take precautions to protect against Covid-19. Renée Ming, the national security minister, said Paulette, still a tropical storm, wa...

Kevin Dallas has landed a new job as group head of marketing and communications for Butterfield Bank. Mr Dallas was previously chief executive officer of the Bermuda Tourism Authority from 2017 to February this year, when he stepped down after three ...

Six local students have completed a weeklong intensive internship programme sponsored by the Bermuda operations of insurance broker and reinsurance broker Marsh and Guy Carpenter. Because of the Covid-19 pandemic, the firms’ programme was revamped t...

BF&M Ltd generated $10.4 million of shareholders’ net income in the first half of this year, down from $11.4 million in first six months of 2019, the company announced today. John Wight, the insurer’s group chairman and chief executive officer, said ...

International remote workers approved to live in Bermuda for a year under a government programme will be able to open a bank account with Butterfield before they an address on the island. Butterfield said the “expedited customer onboarding” for Work ...

BF&M Ltd has sold its majority stake in the Insurance Corporation of Barbados Ltd. Paynes Bay Finance bought the 51 per cent share of the Barbadian insurer. Terms of the deal were not disclosed. BF&M bought the majority stake in 2005 for almost $26 m...