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Hiscox has cancelled a scheduled dividend and withdrawn financial guidance for the time being due to uncertainty created by the Covid-19 crisis. In a statement, Hiscox said its board had decided that the resolution to pay a 29.6 cents per share divi...

Bermuda’s healthcare insurance market will hold a free-to-join industry webinar this week to discuss reinsurance, claim trends and the underwriting cycle in the medical professional liability market. The virtual panel discussion on Wednesday at 12pm...

Shares of Argus Group Holdings Ltd plunged 13 per cent in Bermuda Stock Exchange trading. The insurer fell 31 cents to close on $2.08 as 70,000 shares changed hands. Argus was the only stock to trade as The Royal Gazette/BSX Index fell 6.2 points, o...

Dear Dave, I own a small business, and recently a relative asked for a job with the company. I hate to say this, but I’ve got reservations about hiring her. She’s basically a good kid, but not the most reliable person in the world. Do you have any ad...

As Covid-19 sweeps across the globe, many companies are choosing to retract, suspend or reduce dividends to preserve cash and ensure liquidity. Dividend payments are a method of returning value to shareholders, the propriety of which, apart from ques...

Banks are to open their doors for one day a week to offer limited retail banking services. The initiative is designed primarily to assist seniors and other vulnerable members of society. The Bermuda Bankers Association has obtained approval from Curt...

A bee sting nearly killed me. My passion for beekeeping therefore comes as a surprise to many. Through tending their hives, I observe nature’s complex system of interdependency, adaptability and efficiency. It is fascinating to apply these observatio...

Five Bermuda students and residents returned to Bermuda from Canada in a private plane a few hours before the island began its shelter in place restrictions. They did so thanks to a collaboration between two of the island’s major international busin...

Lockdown means no revenue for many local businesses and some are facing a fight for survival. Cash-starved sectors include tourism-related and hospitality businesses, retail and most of the service economy. With more than one third of Bermuda’s 35,0...

A body representing Bermuda’s leading international re/insurers has held its first virtual board meeting last month and has signalled that the market remains open for global business during the coronavirus crisis. Members of the Association of Bermu...