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Natural disaster losses cost the world $225 billion last year and the insurance industry picked up about $90 billion of the tab. Aon’s Weather, Climate and Catastrophe Insight report for 2018 found last year was the third year in a row to top the $20...

Things are moving in the world of blockchain, and ChainThat sees itself among the forefront of those bringing distributed-ledger innovation to the insurance sector. The company was involved in a blockchain symposium on the island last year, and chief...

The Bermuda Business Development Agency is partnering with the island’s fast-growing life and annuity re/insurance sector to promote a strong presence at the industry’s largest US conference this spring. For the first time, the BDA will team up with ...

The Royal Gazette/BSX Index closed unchanged at 2,073.9 yesterday as no shares traded. Butterfield Bank’s US-listed shares did not trade in New York either, because financial markets in the US were closed for the Martin Luther King Jr Day holiday.

With CEOs worrying more about political stability and protectionism around the world, Bermuda needs to keep obstacles to international business to a minimum to remain competitive. That is the view of Arthur Wightman, PwC Bermuda leader in response to...

Central Filing Ltd has tripled its storage space with a $300,000 expansion in Southampton. The new facility on Industrial Park Road opened this month, and is designed for high-value business records, archival material, historical documents, special ...

Shares of Argus Group Holdings Ltd fell 7.1 per cent in Bermuda Stock Exchange trading. The insurer slipped 25 cents to close on $3.25, a 52-week low, as 700 shares changed hands. Butterfield Bank gained 25 cents, or 0.7 per cent, to close on $33.75,...

Five months after opening the Pet Stop in Pembroke is now offering a grooming service and has expanded its premises. When Natasha Lambert opened the pet shop in September she imagined she’d at least pull in the town customers. But in the five months...

DataTech Ltd and goPoint Ltd, which have been involved in point-of-sale technology and retail automation in Bermuda for many years, are merging to form a technology-focused transaction company. The combining of the businesses is expected to create “a...

Anthony Belisle, chief executive officer of Markel CatCo Investment Managements Ltd, and Alissa Fredricks, the company’s CEO - Bermuda, and are no longer with the company. In a statement, the company said: “As previously announced by Markel Corporati...