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There were fewer sales of information and communication technology and telecommunication services in Bermuda during 2018. The ICT, content and media sector had a total gross domestic product for the year of $209 million, a fall of $9 million from the...

Global re/insurer Chubb saw its strongest premium revenue growth in five years in the fourth quarter of last year and its Bermuda underwriting operation saw strongly higher pricing. In a conference call with analysts, Evan Greenberg, chairman and chi...

PartnerRe may be up for sale, according to a report that cites a London banking source. The Bermudian-based reinsurer was bought four years ago by Exor, the Italian investment firm controlled by the Agnelli family. Exor paid around $6.9 billion to bu...

Two years ago termites invaded Stephen Mayor’s apartment. He tried everything from special dusts to spraying and spot treatments. “Nothing worked,” he said. In the end he had no choice but to fumigate. Calling around he quickly learnt that there was...

Four new members have been appointed to the board of the Bermuda Business Development Agency. They are Susan Pateras, Barclay Simmons, Marc Telemaque and Leon Thomas. “We are very pleased to welcome Susan, Barclay, Marc and Leon to the board. Each ne...

Bermuda’s economic struggles have caused many to look about 1,300 miles to our southwest and compare our state to that of a fellow British Overseas Territory that is on a growth streak. The Cayman Islands outperform Bermuda on almost every metric, wi...

A total of 135 shares of Ascendant Group Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $31. On the New York Stock Exchange, shares of Butterfield Bank were down 52 cents, or 1.51 per cent, at $33.83. The Royal ...

Bermudian-based Argo Group has appointed Carol McFate to its board. “We’re honoured to welcome Carol to our board. This is a year of renewed opportunity for Argo Group, and strong, independent oversight is crucial to taking full advantage of it. Caro...

Malcolm Moller is the new group managing partner at international law firm Appleby. Mr Moller is joined on the firm’s board by Bermudian lawyer Cameron Adderley, who is global practice group head of corporate, and managing partner of the firm’s Hong ...

Bermuda had a balance of payments surplus of $251 million in the third quarter of 2019, and increase of $17 million year-on-year. The increase in the surplus was mostly due to a reduced deficit balance in the island’s goods account, which was $264 mi...