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BF&M Limited has reported net income of $6.5 million for the three months to the end of March, which compares to a $2.2 million loss in the same quarter last year. John Wight, group chairman and CEO, said: “Overall, we were pleased with the results. ...

Bermuda has a right to decide what is the appropriate tax system for the island and to make its own adjustments. Any changes to its tax system, which has been in place for 200 years, should be as a result of its own determinations rather than as a re...

There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,561.47. On the New York Stock Exchange, shares of Butterfield Bank were down 15 cents, or 0.41 per cent, at $36.45.

Real estate company Coldwell Banker Bermuda Realty has rebuilt and relaunched its website. It said the redesigned website significantly enhances the ability of visitors to easily find the residential or commercial property, and gives them the ability...

Five entrepreneurial Bermudian women are to appear on a virtual panel tomorrow at a global summit that organisers say will reach an audience in more than 120 countries. The panel, “Bermuda and Beyond: Spotlight on Covid Innovations and Entrepreneurs”...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has appointed Maxime Schons as managing director, European finance and compliance, in the company’s Luxembourg office. The company said Mr Schons, who ...

Bermudian-based Mosaic Insurance has begun underwriting professional liability coverage through its London office. The specialty insurer, established in February, said it offers a tailored portfolio of professional indemnity and D&O coverage for a wi...

Bermuda market veteran Andrew Markus has been promoted to succeed Marvin Pestcoe as chief executive officer of Langhorne Re Bermuda. Mr Pestcoe, who has retired, will remain on the board of directors of Langhorne Re Bermuda through the end of the yea...

Since the beginning of Trump’s presidency in 2017, trade war news dominated media headlines and rocked global financial markets. Then in 2020, an unexpected pandemic overturned the world both socially and economically. From early last year, trade iss...

The Little Venice Group has made a major property purchase in the Town of St George. The hospitality outfit has acquired Somers Wharf on Water Street, which houses businesses scattered along 150 feet of waterfront on the edge of St George’s Harbour. ...