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Bermudian-based digital asset trading company XBTO International Ltd (Bermuda) has become the third firm to be granted a licence under the island’s Digital Asset Business Act. XBTOI, a licensee of XBTO Group, is a digital asset provider offering best...

Shares of Argus Group Holdings gained 6.7 per cent in Bermuda Stock Exchange trading. The insurer gained 20 cents to close on $3.20 as 5,000 shares changed hands. Financial-services holding company Somers Ltd remained unchanged on $15 as 500 shares t...

The group that proposed an offshore wind farm for Bermuda has praised the Regulatory Authority for backing wind power in the plan for the future of the island’s electricity sector. The backers of the Better Energy Plan Bermuda described the Integrate...

BF&M Ltd has announced the appointment of Lily Chen as group chief financial officer. Before joining BF&M, Ms Chen served as divisional chief financial officer and chief administrative officer of Berkshire Hathaway Group, reinsurance division. In th...

A move to new offices by Estera Bermuda demonstrates the organisation’s long-term commitment to the island, the company said. Estera, a global provider of funds, corporate and trust services with operations in 11 jurisdictions, has moved into new dig...

Dear Dave, I had about $12,000 in debt when my husband and I got married three years ago. Since that time, we’ve been given cash gifts from my parents from time to time, and we keep having discussions on how to use this kind of money when it is given...

Philip Hagen and Joshua Reid have been selected as the recipients of the 2019 EY Gil Tucker Bermuda Scholarship. Both Mr Hagen and Mr Reid are interning with EY’s Assurance teams this summer. The EY scholarship is valued at up to $30,000 per year for...

Lancashire Holdings Ltd’s net operating profit declined to $42.9 million in the first half of 2019, down more than $35 million year-on-year. The Bermudian-based re/insurer’s profit after tax for the same period was $39.1 million, down from $75.8 mill...

There’s something for everyone in a gift shop tucked away in the heart of St George’s. The Bermuda National Trust shop, on the ground floor of The Globe Hotel, is open all year round and provides a delight for visitors and residents. It is also a wel...

Bermudian-based Triton International Ltd, the world’s largest lessor of shipping containers, reported net income of $86.4 million for the second quarter amid uncertainty in the shipping industry caused by trade disputes. The profit was slightly lowe...