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After becoming a “virtual regulator” during the Covid-19 pandemic, the Bermuda Monetary Authority’s future may be as a hybrid, with both a virtual platform and a physical location. That possibility is highlighted in the BMA’s annual report, which als...

Researchers have found that moving to a new country can be one of life’s most hellish activities, more emotionally taxing than losing a job or even suffering a major illness. To help relieve some of the stress for people moving to Bermuda, Lloyd Ho...

Shares of BF&M Ltd were up 25 cents, or 1.1 per cent, to $23.25 after 1,024 traded on The Royal Gazette/BSX Index. Butterfield Bank shares were also up 25 cents, or 0.7 per cent, at $37.50 after 1,350 were traded. On the New York Stock Exchange, the ...

Nisha Smith has been named the winner of the prestigious 2021 Deloitte scholarship. The scholarship award offers up to $20,000 per year for a maximum of three years and is available to Bermudian students pursuing an undergraduate degree with an inter...

Industry veteran Sven Wehmeyer has been promoted to the position of executive vice president, head of international, at Bermudian-based Validus Re, the reinsurance arm of AIG. The appointment was effective June 1. Based in Bermuda, Mr Wehmeyer will a...

The Bermuda Business Development Agency is to host a climate risk finance seminar on June 23 in association with Rims, the risk management society. Roland Andy Burrows, chief executive officer of the BDA, said the online seminar will feature climate ...

Bermuda has responded after seven of the biggest economies in the world issued an accord supporting the outlines of a new global tax system, and a commitment to a minimum corporate tax rate of at least 15 per cent. More details are needed before the ...

Curtis Dickinson, Minister of Finance, has responded to a statement from the finance ministers of the Group of Seven nations in which they committed to a global minimum corporate tax rate of at least 15 per cent on a country by country basis. The G7 ...

Keitha Caines has been appointed director of finance, data and administration at the Bermuda Economic Development Corporation. The BEDC said Mrs Caines was selected to join the organisation’s executive management team after a competitive interview pr...

Gallagher has appointed Tom Wakefield as chief executive officer of its reinsurance business, Gallagher Re, subject to regulatory approval. The company said Mr Wakefield will take over the role from current CEO Simon Behagg, who will transition to th...