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Caribbean countries will struggle to adopt a global minimum tax on corporate profits because they are already reeling over anti-money laundering and terrorism financing compliance requirements, a leading insurer said. Paul Traboulay, the chief opera...

The RG/BSX Index closed unchanged today at 2,557.26 in the absence of trading on the Bermuda Stock Exchange. For the week, the index is up 3.58 points (0.13 per cent) after 16,051 shares changed hands, valued at $102,661.50. The BSX Insurance Index r...

Residential trash collection is being offered by a local service for just $9 a week in a move aimed at supplementing the government’s once a week free collection. Kenten Trott said the service is being offered in the eastern parishes – Hamilton Pari...

An investment fund manager has called on Bermuda to coordinate with other countries in formulating a response to the push for a global minimum corporate tax. The call came during the virtual Artemis Bermuda ILS Executive Roundtable this week, from Ri...

Bermuda remains the favoured jurisdiction for catastrophe bond issuance, even though there’s now more choice than ever for sponsors with new jurisdictions, notably in Asia, increasingly looking to grow their market share. This consensus emerged from ...

In the second year of a pandemic that shuttered Bermuda’s longstanding tourism industry, those who depend on tourism for a living, have truly suffered. But one tour-boat operator spent the time restoring a storm-battered charter vessel that was writt...

Efforts to combat a global tax plan that threatens Bermuda’s interests received help with a key expert publicly explaining how proposed measures would also be contrary to the interests of American homeowners, particularly in coastal states like Flori...

The rate of inflation rose 1.4 per cent in May as airfares soared more than 27 per cent, the government said today. The year over year increase in the Consumer Price Index was the highest since August, 2019 when it was 1.5 per cent. The rise in air...

Government has seen a thousand applications from those who wish to take advantage of the “Work from Bermuda” initiative in its first year of offer, the finance minister Curtis Dickinson has said. The Minister also signalled the success of another gov...

The Bermuda Foundation for Insurance Studies (BFIS), now in its 25th year of existence, has just awarded a total of $357,500 in scholarship funding to 18 students focused on careers in Bermuda’s insurance sector. This brings the total amount of fund...