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Colonial Group International Ltd has broken ground on a new office building in Freeport, Grand Bahama. The 12,000 sq ft complex on The Mall, Freeport’s main commercial artery, represents an investment of approximately $4 million by the Bermuda-based ...

A favourite Bermudian pastime has been given a new lease of life with the launch of the Brunch Revolution at the Hamilton Princess and Beach Club. Diners at Marcus’ can experience international eating styles when a dim sum cart tours the tables and t...

The creation of the Bermuda Insurance Exchange is an example of the rapidly changing digital landscape, and transformations in how businesses and customers interact. “What we are seeing with insurance and other industries, is that we are going throug...

Omega One, an agency brokerage for cryptocurrencies, has been approved for a digital-asset business licence by the Bermuda Monetary Authority. David Burt, the Premier, revealed the news in the House of Assembly on Friday and added that representative...

An activist shareholder of Argo Group International Holdings has put forward five candidates to join the re/insurer’s board to address what it describes as a “complete corporate governance shipwreck”. Voce Capital Management owns about 5.6 per cent o...

Walkers Bermuda is growing its professional-services team. The law firm launched Walkers Professional Services in late 2017 and recently expanded the operation to include new services and new hires. The team now includes four specialists who have si...

Shares of Butterfield Bank fell 7 per cent in Bermuda Stock Exchange trading. The bank dipped $2.75 on the trading of 503 shares to close on $36.50. Butterfield’s US-listed shares fared much better on the New Stock Exchange, gaining 74 cents, or 2 pe...

Dear Dave, Recently, the garage where I worked for a long time went out of business. I have a lot of my own tools, and I was thinking about taking out a loan of around $20,000 to buy a few extra tools I need to open my own garage. It’s always been a ...

Chubb Ltd has received approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Company Ltd to 26.2 per cent. That is up from its current 20 per cent and, as a result of the inc...

A meeting of European Union ambassadors will today consider whether Bermuda and nine other jurisdictions should be added to the EU’s blacklist of non-cooperative tax jurisdictions. The meeting was scheduled to have been held on Wednesday, but was pos...