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BF&M Ltd generated $10.4 million of shareholders’ net income in the first half of this year, down from $11.4 million in first six months of 2019, the company announced today. John Wight, the insurer’s group chairman and chief executive officer, said ...

Organisers of Bermuda Convergence 2020 event next month have announced the keynote speakers. Marshall Shepherd, Parag Khanna, and Shalini Vajjhala will present at the digital event, which will take place from October 6 to 8, ILS (Bermuda) Ltd said. I...

Life reinsurer Athene Holding Ltd has named the six recipients of its 2020 scholarship. The Athene Scholarship, which can be awarded to up to ten students each academic year, covers the full costs of each student’s associate degree programme and req...

Dear Dave, With Covid-19 and all the resulting economic problems, do you have any advice for what a young person can do to prepare for the future? ­— Kyle Dear Kyle, Regardless of the coronavirus or any economic situation that might arise, there are...

The impact of Covid-19 and new opportunities for captives will be among topics of discussion at the Bermuda Captive Conference 2020 next week. The three-day conference begins on Wednesday, and is Bermuda’s largest and longest-running industry event. ...

Bermuda Police Service is fighting a constant battle trying to keep pace with cybercriminals who have been increasingly active during the pandemic. Superintendent Nicholas Pedro, officer in charge of the Serious Crime Division, told business owners o...

Catastrophe modeller RMS has estimated onshore insurance industry losses related to Hurricane Laura will range between $9 billion and $13 billion — suggesting that Bermudian reinsurers will face substantial claims. The estimate is markedly higher th...

Shares of Somers Limited improved by $1, or 7.4 per cent, to $14.50 after 1,200 traded on The Royal Gazette/BSX Index. Also improving was Butterfield Bank, which rose seven cents, or 0.3 per cent, to $25.17 after 4,217 shares changed hands. In New Yo...

International remote workers approved to live in Bermuda for a year under a government programme will be able to open a bank account with Butterfield before they an address on the island. Butterfield said the “expedited customer onboarding” for Work ...

CFA Society Bermuda, in partnership with Bermuda College, is to offer a four-session series on building financial literacy. The course, which was first offered last year and which comes under the College’s Professional and Career Education division, ...