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Two member of staff at the Bermuda Monetary Authority have been appointed to International Association of Insurance Supervisors committee leadership positions. The BMA’s chief actuary, Ricardo Garcia, has been appointed vice-chair of the IAIS policy...

Bermudian-based drinks company Bacardi Ltd has donated more than 3,000 food items, in addition to grocery vouchers, to local bartenders hit hard by the Covid-19 pandemic. The family-owned company said the effort is part of its global #RaiseYourSpirit...

Lindo's Group of Companies is extending its additional discount shopping days through to the New Year. A spokeswoman for Lindo’s said that until the end of February, customers can continue to take advantage of the formerly once-weekly five per cent ...

Major forces reshaping the life insurance and retirement market have been identified in EY’s latest NextWave Insurance paper. The low interest rate environment means product-driven business models of the past cannot keep up with evolving demand, and ...

Bermuda residents who found themselves in Britain for an extended time this year, due to Covid-19 pandemic restrictions and closed borders, may have triggered British tax liabilities as a result. The chances that this happened increase for those who ...

The entrepreneurs behind the escape rooms at Royal Naval Dockyard have launched a new socially-distanced online game for group play. Nathan Swan, co-owner of Locked on the Rock with Iain Redford, said “High School Hijinks” is aimed at large groups as...

One Communications has temporarily closed its retail store on Church Street after an employee tested positive for Covid-19. The store will undergo a deep cleaning and further information will be communicated regarding the reopening. One Communication...

BF&M Ltd shares improved by 50 cents, or 2.6 per cent, to $19.50 after 1,100 traded on The Royal Gazette/BSX Index. There was also trading in 48 shares of Somers Limited, but with no change to the closing price of $15. On the New York Stock Exchange,...

The chairman of professional services firm KMPG in Bermuda is to retire at year-end after 31 years with the organisation. Neil Patterson joined the audit practice of the firm in 1989 with a focus in banking and reinsurance. He became a partner in 199...

The biggest insurance start-up in Bermuda’s history, Convex Group Ltd, is gaining traction and is looking to bolster its team and its Bermudian operation. That will include hiring and investing in local talent, and a larger office on the island. The ...