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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 Bermuda chapter of 100 Women in Finance, the global network of professionals in the finance industry, has selected The Duke of Edinburgh’s International Award, Bermuda as the charity recipient for its 2021 Bermuda Summer Sunset Gala. The gala is ...

Bermuda-based Seadrill Limited, the offshore drilling company involved in Chapter 11 bankruptcy proceedings, has reported a net loss of $605 million for the first half of 2021. That compares with a net loss of $2.915 billion in the second half of 202...

Democratic discourse! Dear readers, thank you for the shares and the commentators who illuminated reasons for and against climate change risk on last week’s article in The Royal Gazette, headlined “Climate change: Code Red for humanity”. Bermuda doe...

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...

HSBC Bermuda is moving into lock-step with its parent group’s ambitious climate strategy. The local subsidiary has already invested three quarters of a million dollars collaborating with environmental charities in support of various local sustainabil...

The RG/BSX Index closed unchanged at 2,557.26 in the absence of trading on the Bermuda Stock Exchange. The BSX Insurance Index remained out of operation because of technical issues. The Bank of Butterfield stock price on the New York Stock Exchange f...

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...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its US Excess and Surplus Property team, effective immediately. Michael Worman and David Malcom join Axis as s...

The board of Bermuda-based Frontline Ltd, the oil tanker shipping company, has appointed Lars Barstad as chief executive officer of Frontline Management AS. The appointment is effective September 1. The company said Mr Barstad currently serves as the...