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Foundation Platform Technologies in partnership with Treefrog Consulting Ltd has officially launched their ILS and Reinsurance deal pricing and roll-up platform called Foundation. In a statement, the companies said: “Our team has been working to prov...

Registration is now open for an entrepreneurship education course being offered by the Bermuda Economic Development Corporation. “Entrepreneurship 101” provides new and aspiring entrepreneurs with the knowledge, tools and resources needed to start th...

Telecoms holding company One Communications Ltd recorded net income of $16 million in 2019, the company reported in a filing with the Bermuda Stock Exchange. That was an increase of $900,000 over the net income recorded a year earlier. The company re...

Bermudian-based International General Insurance Company Ltd has been granted provisional approval by the National Association of Insurance Commissioners to begin writing US excess and surplus lines business effective April 1. The approval is pending ...

Shares of Argus Group Holdings Ltd rocketed 23 per cent in heavy Bermuda Stock Exchange trading. The insurer gained 59 cents to close on $3.15 as 163,678 shares changed hands. The only other stock to trade was One Communications Ltd, which remained u...

Radio frequency fields from mobile phones are “possibly” carcinogenic to humans based on an increased risk of certain brain tumours, according to the World Health Organisation. University of Albany, New York professor David Carpenter, believes the W...

Bermuda’s banks say they will work with customers who struggle financially in the event of coronavirus-related economic disruption. The Bermuda Bankers Association said last night that its members had been “very active in preparing for the potential ...

A team from Bermuda High School has risen to the top of the rankings in the KPMG Investment Challenge. The Profit-eroles had grown their imaginary portfolio of $100,000 to $113,145 by the end of February: an impressive achievement in light of the sto...

Legal & General Re turned a profit of $578 million in 2019 — impressive for a company that set up in Bermuda with a couple of employees just five years ago. The company, a subsidiary of the UK-based Legal & General Group, is a member of Bermuda’s boo...

Shares of Butterfield Bank dived 10.4 per cent on the Bermuda Stock Exchange yesterday. The bank fell $2.80 as 625 shares changed hands to close on $24. The fall went some way to catching up with the 15.5 per cent drop suffered by Butterfield’s US-l...