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Dear Dave, I can’t decide what to do about my car. I owe $8,000 on it, and I have the cash to pay it off with plenty left over. One of my co-workers said I shouldn’t pay it off, because I have a very low interest rate on the loan. What do you think? ...

Contemporary store &Partners is going into its second year in business by adding new products made by Bermudians. Peter Lapsley and wife Andrea Sundt’s gift shop launched two years ago at the Vallis Building on Par-la-Ville Road, close to the junctio...

The reinsurance industry is struggling to cover its cost of capital and needs to improve returns, given the substantial risks it covers. That was one of the takeaways from the AM Best Bermuda Insurance Market Briefing in Hamilton this week. Analysts ...

Uulala, a fintech company with a social mission, has become the first applicant to win approval to launch an initial coin offering in Bermuda under the island’s new regulatory regime. The announcement was made at the Bermuda Executive Forum in Miami ...

Butterfield Bank shares fell $1.10, or 2.08 per cent, to $51.80 on the New York Stock Exchange. Meanwhile, The Royal Gazette/BSX Index was unchanged at 2,899.27, after a day without trading. The BSX Insurance Index was up 11.27 points, or 0.75 per ce...

Asset-management firm Alpha Innovations Ltd has picked Bermuda as the home for its headquarters. Alpha wants to reduce risk and fees for investors and achieve operational efficiency through innovation and the use of blockchain technology. Lawrence Ne...

A new quick-service, gourmet takeout will open its doors on Front Street next month. Brew by Java Jive, an Island Restaurant Group operation, will offer counter service and will be located downstairs from The Pickled Onion. Philip Barnett, director a...

About 200 people attended a full-day forum in downtown Miami today organised by the Bermuda Business Development Agency. The event featured thought-leadership discussions ranging from reinsurance, trusts and high-net-worth services to new blockchain ...

Ascendant Group was the only stock to trade on the Bermuda Stock Exchange. The parent company of power utility Belco remained unchanged on $17, as 13,394 shares changed hands. The Royal Gazette/BSX Index closed where it opened at 2,899.27. Trading tu...

Argo Group International Holdings expects pre-tax catastrophe losses of approximately $25 million for the third quarter of this year. Hurricane Florence, Typhoon Jebi and other catastrophe and weather-related events during the three-month period are...