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A month after losing its chief executive officer, Argo Group International Holdings Ltd has announced its chairman Gary Woods is to retire in March, along with four other directors. It has also moved to head-off a proposed special shareholders’ meeti...

Butterfield Bank was the lone stock to trade on the Bermuda Stock Exchange. The bank remained unchanged on $36 as 1,440 shares changed hands. Butterfield’s US-listed shares remained unchanged on $36.58 on volume of 155,512 shares on the New York Stoc...

Bermuda’s gross domestic product increased by 0.1 per cent to $6.5 billion in 2018, the Government announced today. GDP is a measure of economic activity that captures the value of goods and services produced within a country during a given period. I...

Digital transformation creates both benefits and challenges for society, panellists told audience members at the International Cyber Risk Management Conference in Bermuda. Arthur Wightman, PwC Bermuda leader, said digital transformation presents incr...

Bermudian-based insurer Watford Holdings Ltd has entered into an agreement to purchase Axeria IARD, a property and casualty insurance company based in France. Watford is acquiring 100 per cent of the capital stock of Axeria from the April group. Axer...

A Canadian toxicology researcher is urging the island to hang up on any plans to start a 5G cellular network. Advocates of 5G, which has been called the network of the “near future”, have promised everything from quicker downloads to greater network...

A worst-day scenario played out for delegates at a cyber-risk event who took part in a simulation of what to expect when a cyber incident hits, and how to protect and defend themselves. They learnt skills and approaches that work best in protecting a...

Gosling’s will tomorrow offer customers the chance to buy a very special holiday tipple. Bottles of the rare Papa Seal Rum will be available for just one day at the beverage maker and distributor’s Dundonald Street store only. The entire output of th...

The inflation rate fell to 0.8 per cent in September, down from 1.5 per cent the month before. The Consumer Price Index was 106.1, meaning that a basket of goods and services that cost $100 in April 2015, would have cost $106.10 in September. Year-on...

Shares of Bermuda Aviation Services Ltd made a rapid descent in Bermuda Stock Exchange trading. BAS dived 49 cents, or 32.7 per cent, to close on a 52-week low of $1.01, as 200 shares changed hands. Butterfield Bank, the only other stock to trade, ga...