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Shares of Argus Group Holdings gained 4.3 per cent in Bermuda Stock Exchange trading. The insurer rose 15 cents to close on $3.65 as 5,000 shares changed hands. The jump came after the company announced on Monday net income of $10 million for the fir...

Following the success of the inaugural International Cyber Risk Management Conference, Bermuda, organisers are making plans for the event to return next year. The conference attracted 206 delegates, which included cyber-risk professionals and industr...

Curtis Dickinson, the Minister of Finance, joined business leaders in a panel discussion looking ahead to next year. The 2018 year-end Briefing: The Outlook for Bermuda in 2019, was hosted by the Institute of Directors Bermuda and professional servic...

Bermudian-based Sompo International Holdings Ltd has set up a team in the US to focus on cyber insurance. Their offerings will include an enhanced cyber and professional liability product and an expanded suite of cyber-risk management services. Jeff ...

A new, but rare rum will be released by Goslings today. The entire output of Papa Seal rum will be restricted to 12 barrels, and of those only one has been reserved for Bermuda customers. However, the barrel for Bermuda is extra special — because it ...

New, wide-ranging fee increases by the Bermuda Monetary Authority have been approved by the Bermuda Government. However, the changes will be phased in over a three-year period rather than two years as had originally been proposed. A review this year ...

BF&M Ltd posted net income of $16.9 million for the first nine months of the year, helped by an 8 per cent reduction in operating expenses. The profits were up threefold from last year’s corresponding period, when hurricane losses in the Caribbean is...

A Bermudian lawyer has been appointed head of litigation and dispute resolution at an island law firm. Allan Doughty has taken over the role at BeesMont Law Ltd. Mr Doughty said: “I intend to lead the expansion of our practice in human rights, privac...

Butterfield Bank shares rose 4.4 per cent in Bermuda Stock Exchange trading. The bank’s shares gained $1.50 to close on $35.50 as 800 shares changed hands. Butterfield was the only stock to trade on the BSX. In New York, Butterfield’s US-listed shar...

Axa XL, the property and casualty, and specialty risk division of Axa Sa has had its financial strength rating and long-term issuer credit rating of its core insurance and reinsurance companies upgraded by AM Best and Standard & Poor’s. AM Best has u...