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Bermuda’s existing banking fraternity appear set to welcome the island’s fifth bank into the Bermuda Bankers Association, the trade organisation for the industry. A spokesman for the BBA confirmed that its members – Bermuda’s existing banks - have t...

Bermuda’s long-proposed digital bank has become a reality with a full banking licence that will allow it to provide core banking services, together with a licence under the Digital Asset Business Act. Jewel Bank will begin operations from Victori...

The law of numbers has stymied an open call to Bermudians to participate in the next wave of revolutionary insurance from the island. Few with the right qualifications – degrees in computer science, statistics, or actuarial sciences – have applied so...

Bermuda is making headlines in cryptocurrency centred publications, republishing portions of a Wall Street Journal story focusing on the island. Nasdaq.com headlines their markets section with: “Bermuda Seeks to Expand Crypto-Friendly Regulation ...

A third of reinsurance buyers will buy more, or significantly, more reinsurance protection during his midyear renewal season, according to an industry survey. While 22.5 per cent said they will buy less, some 41.5 per cent expect to purchase about th...

Bermuda reinsurers may opt for declining participation in the Florida property market ahead of the projected above average Atlantic storm season forecast by climatologists. Even after the Florida legislature last week used record speed to pass sweepi...

Tax justice campaigners have cited the United States as the worst offender for countries helping individuals to hide their wealth from the rule of law. For the first time, the Tax Justice Network put the US at the top of the global ranking of their 2...

The Bermuda Tourism Authority is studying an economic impact report from last October’s PGA Tour Butterfield Bermuda Championship. The report lays out economic benefits from the professional golf event held under the auspices of the PGA Tour and the ...

Among the high-powered speakers for the Bermuda Climate Summit next week, Tuesday May 24 at Rosewood Bermuda, will be Stuart Kirk, global head of responsible investments and global head of research and insights at HSBC Asset Management. A former jour...

Realtors and government remain at loggerheads in a seven-year battle after what industry believed was unintended consequences from 2015 changes that removed the ability for work permit holders to buy condominiums outside of hotel/tourism developments...