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Bad news for lionfish eaters — the local supply of the delicious nuisance fish is about to shrink. Reefsweeper, a remote operated vehicle used by company Atlantic Lionshare to spear, collect and sell lionfish, is moving to Destin, Florida. “This was...

The urgent need for business and technology modernisation poses the greatest threat to the global insurance industry, according to a survey of industry professionals. The Insurance Banana Skins report is published by the Centre for the Study of Finan...

Ten P2 students from Elliot Primary School visited the Bermuda Monetary Authority for a lesson in the island’s currency and a tour of the BMA’s museum of notes and coins. The tour by teacher Chrystal Bean’s class was directed by Michael Burgess of th...

Myron Hendry has joined the board of Bermudian-based Enstar Group Ltd as a class II director, the company announced. Mr Hendry, 70, whose appointment is effective on July 1, was most recently executive vice-president and chief platform officer of XL ...

Insurer BF&M Ltd posted a $4.8 million profit for the first quarter of 2019, up from $3.1 million in the corresponding period last year. John Wight, the company’s group chairman and chief executive officer, said: “BF&M reported good results for the f...

The Bermuda Monetary Authority has fined Estera Services (Bermuda) Ltd $500,000, the financial-services regulator announced yesterday. The BMA said the civil penalties were imposed under the Trusts (Regulation of Trust Business) Act 2001 and relate t...

Dear Dave, I was recently offered an opportunity to participate in a hands-on stock trading class. The problem is we don’t have the $6,500 registration fee just lying around. My husband and I are on Baby Step 4 of your plan, so what would you think a...

Curtis Dickinson, the finance minister, will highlight opportunities for bilateral trade and investment on a trip to Toronto. Mr Dickinson will lead a delegation of government, regulatory and industry representatives at a multi-industry forum hosted ...

After two oil tankers with links to Bermuda were apparently attacked in the Gulf of Oman yesterday, a shipping expert has expressed growing concern. He warned that freight rates and prices related to some commercial marine insurance could spike if bl...

The US Federal Reserve needs to “act like the parent, not the teenager” after appearing to be increasingly swayed by the whims of the financial markets. That’s what delegates at the Bermuda Captive Conference heard as two economic experts exchanged v...