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A digital asset business linked to diamonds that is said to have attracted millions of dollars in pre-orders from institutional investors, could be cleared to transact with its token and exchange by the end of this month. That is according to Cormac ...

Bermuda highlighted its regulatory and legal framework for fintech business, as a delegation of government and industry experts returned for a second year to Blockchain Week in New York for Consensus 2019. David Burt, the Premier, accompanied by Curt...

Bermudian-based global reinsurer PartnerRe Ltd has reported net income of $497 million for the first quarter of 2019, a vast improvement over the $120 million net loss incurred in the first quarter a year ago. The company, which is owned by Italian i...

Shares of Butterfield Bank tumbled 5 per cent in Bermuda Stock Exchange trading, on a day when Argus Group and One Communications also lost ground. The bank shed $2 to close on $38, as 10,135 shares changed hands. Butterfield’s US-listed shares also ...

Butterfield Bank today announced the departure, effective immediately, of Daniel Frumkin, bank group chief operating officer. “Dan is stepping down to pursue other opportunities,” said Michael Collins, Butterfield’s chairman and chief executive offi...

A new PartnerRe wearable technology pilot programme, aims to gather real-time health and wellness data to help its life and health clients worldwide. Partner Re launched the pilot today with dacadoo, a Zurich-based company that combines mobile tech...

A milestone moment has been reached in Bermuda’s ambitions to be a leader in the insurtech sector. An independent electronic marketplace for the transfer and trading of insurance risk has become the first company to be licensed to operate in the isla...

After 11 years of making patients “open wide”, dentist DeVon Binns is selling his practice DaVinci Dental. Next Wednesday, Aleesha Maybury will become the new owner of the business on Washington Street. “It was a tough decision,” Dr Binns admitted. ...

A recession in the US is unlikely to happen this year or next, Schroders Wealth Management’s chief investment officer said. Caspar Rock was speaking to an audience of investors at a special event in Hamilton to mark 50 years of Schroders doing busine...

Bermudian-based Sun Life Financial International has launched Sun Global Sentinel, a permanent participating whole life insurance product aimed at high net-worth clients. The company is a unit of Sun Life Financial, the Toronto-based financial-servic...