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Bermuda’s power consumption has dropped to its lowest level in 20 years, The Royal Gazette can reveal. Economic activity and population size have historically been linked to the amount of electricity generated by power supplier Belco and used on the ...

Shares of Butterfield Bank fell $2.75, or 10.2 per cent, to $24.25 after 8,300 changed hands on The Royal Gazette/BSX Index. In New York, the bank’s shares were down 15 cents, or 0.61 per cent, at $24.28. Meanwhile, the bank informed the Bermuda Stoc...

Global financial services provider Apex Group Ltd, has appointed Jon Hanifan as head of corporate solutions, Americas. Mr Hanifan is currently head of tax and deputy head at Throgmorton UK, which was acquired by Apex last year. His appointment to the...

Bermudian-based re/insurer Sompo International Holdings Ltd has formed of a new team offering products to clients in the technology industry through its retail brokers. The new unit is called Sompo GRS Technology, and is part of Sompo Global Risk Sol...

Dear Dave, A good friend of mine passed away recently. In his will, he left me a couple of items and some money, and I’d like to share the money with my son. He is 25, and a good kid, but he is still impulsive with his finances. Do you have any advic...

An increase in work-from-home and greater use of technology are among major changes set to shift the way the insurance world will work in the post Covid-19 world, the chief underwriter at an insurance technology firm has predicted. Ari Chatterjee, of...

The power of socially-conscious investing for the greater good, along with financial and emotional returns, was highlighted during the first virtual event hosted by 100 Women in Finance in Bermuda. Eva Yazhari, the chief executive officer of Beyond C...

Shares of Butterfield Bank surged 14.4 per cent in Bermuda Stock Exchange trading. The bank gained $3.40 to close on $27 on the trading of 2,000 shares. Butterfield’s US-listed shares moved in the opposite direction, sliding $1.33, or 5.12 per cent, ...

Keeping a business running during the Covid-19 pandemic, and the restrictions imposed on daily life, has been a challenge, but it’s something Tia-Maria Robinson has managed with her nail care enterprise Tia Maria Nail & Skin. Some of her plans had to...

Shares of Argus Group Holdings Ltd fell 1.8 per cent in Bermuda Stock Exchange trading. The insurer fell four cents to close on $2.21 as 4,000 shares changed hands. Butterfield Bank’s US-listed shares jumped $1.68, or 6.92 per cent, to close on $25.9...