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Malcolm Moller is the new group managing partner at international law firm Appleby. Mr Moller is joined on the firm’s board by Bermudian lawyer Cameron Adderley, who is global practice group head of corporate, and managing partner of the firm’s Hong ...

Bermuda had a balance of payments surplus of $251 million in the third quarter of 2019, and increase of $17 million year-on-year. The increase in the surplus was mostly due to a reduced deficit balance in the island’s goods account, which was $264 mi...

Stock-picking success has led a team from Warwick Academy to the top of the KPMG Investment Challenge, as things stood at the end of January. “The Wolf of Front St” team has grown its imaginary portfolio of $100,000 of shares to $111,615. Saltus Acad...

Bermudian-based MultiStrat has completed a $205 million casualty ILS reinsurance transaction covering prospective and retrospective general liability risks. The coverage was written by a protected cell of Garden Insurance Company of Vermont, MultiSt...

A total of 45 shares of Ascendant Group Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $31. There was also trading of 598 shares in Butterfield Bank, with no change to the closing price of $34. In New York, the ...

Business leaders can attend a three-day course designed to help them demystify the world of finance. The Bermuda branch of the Institute of Directors has organised the course to be held on February 25, 26 and 27. It is aimed at non-finance profession...

Argo Group International Holdings, Ltd has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. The transaction is expected to close in the coming months, and Bermudian-based re/insurer Argo ...

Shares of Watlington Waterworks Ltd improved by $2, or 7.7 per cent, to $28 after 2,000 traded on The Royal Gazette/BSX Index. Butterfield Bank improved by 70 cents, or 2.1 per cent, to $34 after 1,300 shares changed hands, while in New York the bank...

Fiduciary services provider Appleby Global Services has opened an office in the Republic of Seychelles. AGS was launched in January last year, and now has a presence in seven jurisdictions: Bermuda, the Cayman Islands, Hong Kong, Jersey, Isle of Man,...

Tech-savvy entrepreneurs are taking over the small business landscape, according to a recent seminar held by the Bermuda Economic Development Corporation. The BEDC hosted a Netpreneur is the Nextpreneur last month at the Bermuda Society of Arts in H...