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Bermudian-headquartered Sompo International Holdings Ltd has launched a programme that aims to better prepare young women to assume future leadership roles at the company. The global speciality provider of property and casualty insurance and reinsura...

Bermudian-based Global Cloud Xchange, the submarine cable network owner/operator, has reported cash revenue growth of 6.6 per cent for the fiscal year ending March 31. GCX said the revenue of $271.2 million was led by strong recurring revenue and ind...

A former finance minister “is scared for Bermuda” because of an international movement towards a global minimum corporate tax. While the island has previously faced such global pressures, Bob Richards, who was finance minister from 2012 to 2017, fear...

Former finance minister Bob Richards believes that bowing to international pressure to establish a corporate tax regime in Bermuda could be a fool’s errand. The average person thinks that income tax is easy to understand, he says, but in financial se...

Bermudian-based Apex Group Ltd has entered the German market with the acquisition of fund administrator mola-administration GmbH. The global financial services provider, which was set up on the island in 2003, said the strategic acquisition establish...

The RG/BSX Index closed unchanged at 2,559.66 in the absence of trading on the Bermuda Stock Exchange. The BSX Insurance Index was up 27.81 (1.6 per cent) to close at 1770.90 The Bank of Butterfield closed on the New York Stock Exchange up 22 cents (...

Four Bermudian students have been selected for a summer internship programme at Ascot Group, the island-based re/insurer. Christina Costello, Saladin Beattie, Jude Snelling and Calvina Steede have joined the company’s inaugural internship initiative....

Tucked away in a quiet corner of Queen Elizabeth Park in Hamilton is Bermuda’s newest tea stop. Kelsea Williams opened the NovelTea shop this month after five years running it as an online enterprise. Customers can now buy a cup of their favourite ...

A Bermudian-domiciled non-profit mutual organisation has promoted Justin Gardner to the role of chief executive officer. Signal Mutual, a provider of longshore benefits in the US, said Mr Gardner recently served as executive vice president and chief...

A business segment of Sompo International Holdings Ltd has set up a new team in Singapore to serve select industries in the Asian markets through appointed brokers. The Bermudian-headquartered specialty provider of property and casualty insurance and...