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Bermuda’s current account surplus in the fourth quarter of last year was $233 million, up $42 million, or 21.9 per cent, on the same period in 2017. However, the deficit on the goods account, which makes up part of the overall total, increased $41 mi...

Elaine Whelan, Lancashire’s group chief financial officer and executive director, and CEO of Lancashire’s Bermudian subsidiary, Lancashire Insurance Company Limited, plans to retire from her roles and the group next year. She will continue in her rol...

IT company Lovell Technologies is introducing two pioneering products to the Bermuda market that will allow businesses to plan and market more effectively. Licensed to Lovell by a Danish company, the first is a mobile sensor that is able to count the...

Argo Group International Holdings Ltd said that, based on a preliminary count provided by its proxy solicitor, shareholders have voted to elect all five of its Class III directors to the Argo board. This comes after a months-long proxy battle betwee...

Arbitrade is to transfer its purported $16 billion gold bullion agreement to another company after an unexpected change in its ownership rights. The Bermudian-incorporated cryptocurrency exchange and coin company will also no longer have any involvem...

If you are in the market for an active fund manager, you might want to skip the usual questions about Sharpe ratios, investment philosophy and past track record. Instead, consider asking about their childhood experiences, especially those that inflic...

David Burt turned the spotlight on the island’s innovation community for a sold-out audience of global entrepreneurs in Toronto this week at Collision, North America’s fastest-growing tech conference. Collision brought 25,000 delegates, including inv...

Shares of BF&M Ltd fell 12 cents, or 0.8 per cent, to $14.90, after 2,000 traded on The Royal Gazette/BSX Index. Meanwhile, on the New York Stock Exchange shares of Butterfield Bank were down $1.08, or 2.83 per cent, at $37.14. The Royal Gazette/BSX ...

Bermuda has adopted amendments to the island’s investment funds regime to ensure that regulatory oversight and supervision of the investment funds industry by the Bermuda Monetary Authority is in line with shifting international standards. The amendm...

British Airways is holding a “Bermuda Day Seat Sale” to celebrate its centenary, offering a 25 per cent discount on World Traveller fares for travel to London later this year and early in 2020. The sale begins today and concludes on June 6. The reduc...