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News
Nick Segal Appointed Bank Of England Chair
23+ hour, 56+ min ago (398+ words) The Bank of England has appointed Nicholas Segal — who has served as Assistant Justice of the Supreme Court of Bermuda — as Chairperson of its Enforcement Decision Making Committee, effective 1 August 2026. A spokesperson said, “Following an external recruitment process, the Bank…...
February Consumer Price Index: Inflation 2.1%
2+ week, 4+ day ago (145+ words) Consumers paid 2.1% more in February 2026 than they did a year earlier for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry of Economy and Labour released the February 2026 Consumer Price…...
Retail Sales Increased 1.1% In January 2026
1+ mon, 3+ week ago (136+ words) After adjusting for inflation, retail sales volume rose 1.1% in January 2026 compared to the same month a year earlier, according to the Ministry of Economy and Labour’s Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour…...
January Consumer Price Index: Inflation 2.2%
1+ mon, 3+ week ago (141+ words) Consumers paid 2.2% more in January 2026 than they did a year earlier for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of…...
Banyan Risk Launches Healthcare Liability
2+ mon, 22+ hour ago (313+ words) Banyan Risk has launched a new Healthcare Professional Liability product and Kim Morgan has joined Banyan Risk as Lead Underwriter, Healthcare, based in Bermuda. “The new Healthcare line, available immediately, will focus on U.S.-based complex healthcare professional liability risks,…...
2025 Q4 Balance Of Payments & Investments
3+ mon, 6+ day ago (218+ words) The Ministry of Economy and Labour released the 2025 Q4 Balance of Payments & International Investment Position publication. Minister of Economy and Labour Jason Hayward said, “Bermuda’s trade with non-residents resulted in a $609 million surplus for the fourth quarter of 2025, up $206 million from…...
S&P Improves Bermuda’s Outlook To Positive
3+ mon, 1+ week ago (230+ words) The Government of Bermuda said they “welcome the latest ratings action from S&P Global Ratings, which has improved Bermuda’s outlook to Positive from Stable and affirmed the Island’s A+ long-term sovereign credit rating and A-1 short-term rating.” “S&P said…...
November Consumer Price Index: Inflation 2.6%
4+ mon, 3+ week ago (143+ words) Consumers paid 2.6% more in November than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of…...
Retail Sales Increased 0.9% In December 2025
4+ mon, 3+ week ago (138+ words) After adjusting for the retail sales rate of inflation – measured at 2.4% in December – the overall volume of retail sales index increased 0.9% when compared to December 2024, according to the newly released Retail Sales Index. A Government spokesperson said, “Today, the Ministry…...
December Consumer Price Index: Inflation 2.4%
4+ mon, 3+ week ago (143+ words) Consumers paid 2.4% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of…...