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Shares of Ascendant Group Ltd and Butterfield Bank gained ground in Bermuda Stock Exchange trading. Ascendant, parent company of power utility Belco, rose 50 cents, or 1.6 per cent, to close on $31.75 as 500 shares changed hands. Butterfield rose 30 ...

Bermuda’s largest annual insurance conference has reduced its fee for attendees as it prepares to go virtual this year. Registration is now open for the three-day Bermuda Captive Conference, which will charge a flat rate of $100 for digital entry and...

A cloud-hosted phone system has been introduced to Bermuda to help businesses cope with the problems of reliability, high cost and after-sale support. The new way to make calls is offered by Oxygen, which brought the IPCortex phone system to Bermuda ...

Reinsurance industry capital fell 6 per cent in the first quarter of the year, according to a report by risk adviser and broker Aon. Total global capital available to both traditional reinsurers and alternative capital was $590 billion, down from $62...

Bermuda’s offer to invite international remote workers to stay on the island for a year is already attracting interest from the technology industry. The new policy was announced last Friday by Jason Hayward, the labour minister, and an article publis...

Twenty-five students are recipients of this year’s Abic Education Awards. Through their 43-year history, members of the Association of Bermuda International Companies have helped to fund the college education of more than 670 students. Traditionally ...

Shares of Bermuda Aviation Services Ltd took off in Bermuda Stock Exchange trading. BAS gained 40 cents, or 36.4 per cent on the trading of 1,000 shares. The only other issue to trade was Butterfield Bank, which remained unchanged on $25 as 699 share...

Vacation units coming onto the long-term rental market have driven a spike in new leases this year. Coldwell Banker Bermuda Realty reported that new leases signed during the first quarter were up 40 per cent on each of the past two years. And even wi...

The Beau Rivage Restaurant and Bar in Paget is to close its doors for good. The waterside restaurant at Newstead/Belmont Hills Golf Resort and Spa on Harbour Road has been closed since mid-March because of restrictions related to Covid-19. Jean-Claud...

Dear Dave, What exactly is the debt snowball, and why is it such an important part of your plan? Lee Dear Lee, The debt snowball is Baby Step 2 of my plan for getting out of debt and gaining control of your finances. Specifically, it’s the part of th...