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A weeklong campaign to connect Bermuda’s young people with the island’s international business market starts on Monday with school visits, mentorship programmes, scholarships promotion, and a new animated video highlighting the economic impact of glo...

A company that has been approved to offer the second token under Bermuda’s Initial Coin Offering Act, is aiming to raise $45 million during the next 12 months. That funding will be used to complete the development of a digital advertising marketplace...

Hurricane Michael and wildfires in California impacted fourth-quarter results for PartnerRe, which has reported a loss of $32 million. The hurricane and wildfires created losses of $282 million for the Bermudian-based reinsurer, which was partially o...

Tawana Tannock, well known as the former chairwoman of the Bermuda Human Rights Commission, has been appointed managing director of Skuld Mutual Protection and Indemnity Association (Bermuda) Ltd, effective immediately. The Skuld group is a protect...

One of the three men lined up to be new co-owners of Bermuda Commercial Bank is no longer one of the purchasers. Logan Sugarman was to have been a 20 per cent beneficial owner of the bank, but will no longer be, according to Permanent Capital Holding...

Nordic American Tankers made a loss of $10.5 million in the fourth quarter, which was an improvement on the previous quarter when it reported a loss of $37.9 million. The Bermudian-registered company has concluded refinancing with CSG Investment, fun...

PwC Bermuda is to shrink its environmental impact through a combination of efficient practices and a commitment to offset 100 per cent of its air travel emissions and energy consumption. A carbon offset is a way to compensate for emissions by funding...

HSBC Bermuda posted net profit of $139 million for last year — down by $1 million from 2017, after one-off items were stripped out. The bank said that total operating income before loan impairment charges was $280 million, consistent with 2017. Incre...

Butterfield Bank shares improved 65 cents, or 1.6 per cent, to $41 after 3,300 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 23 cents, or 0.56 per cent, at $41.23. Meanwhile, on the local exchange, 5...

A fine of $200,000 has been imposed on Colonial Pension Services Ltd after it breached a condition of its licence and committed multiple breaches of regulations. The Bermudian-based company said it had reported the matter to the Bermuda Monetary Auth...