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Warwick Academy has maintained its lead in the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, held on to the top spot for a second consecutive month. As of March 31, Flirtingwithm...

The Royal Gazette/BSX Index had another quiet day with no trades. The Index closed unchanged at 2,594.91. On the New York Stock Exchange, shares of Butterfield Bank were up 16 cents, or 0.42 per cent, at $38.04. The BSX Insurance Index was up 6.28 pe...

The Bermuda Electric Light Company Ltd has announced that electricity fee increases imposed by the Regulatory Authority this week will not be passed on to customers until May 1. Belco said the RA’s announcement on Wednesday that electricity fees paid...

Cryptofinance company XBTO International, which is incorporated in Bermuda, has donated $50,000 towards the cost of running the Bermuda Hospitals Board’s vaccination clinic. It made the donation in response to an appeal by the Bermuda Hospitals Chari...

RenaissanceRe Holdings Ltd has estimated that losses from Winter Storm Uri in the United States will have a net negative impact of about $180 million on its first quarter results. Uri was a major wind and ice storm that caused widespread damage in ma...

Bermudian-based Axis Capital Holdings Ltd has announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax ($95 million to $105 million, after-tax). Th...

Bermudian-based Allianz Global Corporate and Specialty has announced that David Brown, currently its head of Insurance Linked Markets, will take over as head of its Capital Solutions unit on the island. The company said Mr Brown’s appointment is effe...

The Office of the Tax Commissioner has advised that the due date for first quarter 2021 e-filed payroll tax returns is today. Mandatory e-filers are reminded that they are required to file online. However, the due date for all other taxes and manuall...

Argus Group Holdings Ltd has appointed Constantinos “Costas” Miranthis and Garrett Curran to its board of directors. Both appointments were effective April 12, the company said. David Brown, chairman of Argus, said: “I am very pleased to welcome Cost...

A new grocery store is coming to the heart of Hamilton this summer. Entrepreneur Fabio Iannone plans to open The English Market on the lower level of the Washington Mall in mid-June. He started the business to give Bermudians more fresh food options....