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Bermuda’s banks say they will work with customers who struggle financially in the event of coronavirus-related economic disruption. The Bermuda Bankers Association said last night that its members had been “very active in preparing for the potential ...

A team from Bermuda High School has risen to the top of the rankings in the KPMG Investment Challenge. The Profit-eroles had grown their imaginary portfolio of $100,000 to $113,145 by the end of February: an impressive achievement in light of the sto...

Legal & General Re turned a profit of $578 million in 2019 — impressive for a company that set up in Bermuda with a couple of employees just five years ago. The company, a subsidiary of the UK-based Legal & General Group, is a member of Bermuda’s boo...

Shares of Butterfield Bank dived 10.4 per cent on the Bermuda Stock Exchange yesterday. The bank fell $2.80 as 625 shares changed hands to close on $24. The fall went some way to catching up with the 15.5 per cent drop suffered by Butterfield’s US-l...

Bermuda’s struggling real estate market will only recover if the island’s banks begin lending again, an economist told a construction and trades industry conference. Robert Stubbs, who is head of research at think tank Seed Bermuda, was speaking on a...

People should be able to explain in 30 seconds why they are a good choice to sit on a board, an independent director told attendees at an event to mark International Women’s Day in Bermuda. Kim Perdikou was speaking to an audience of 50 people, mainl...

Becoming an advanced level wine sommelier isn’t easy. To get her designation from the Court of Master Sommeliers in 2018, Marcus’ Bermuda sommelier Alexandra Taflan had to prove industry experience and take a three-day examination. “It is hard,” the...

Blue Capital Reinsurance Holdings Ltd intends to delist itself from the New York Stock Exchange and the Bermuda Stock Exchange. The voluntary delisting is part of Blue Capital’s previously announced decision to cease active operations and pursue an o...

Digicel is discussing a network-sharing partnership with a rival in one of the 32 jurisdictions in which it operates, the Irish Times has reported. The telecoms group, which operates in Bermuda as well as in 31 other locales across the Caribbean, Cen...

Shares of Somers Group Ltd surged 25 per cent on light trading on the Bermuda Stock Exchange. The financial-services holding company added $3 to jump to $15 as 300 shares changed hands. Somers, which has received the go-ahead from regulators for its ...