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Bermuda’s Green family have acquired Sugar Beach, a luxury resort on the Caribbean island of St Lucia. Alexander Green announced the purchase on Instagram. A spokesperson for the Green family said: “We can confirm that the Green family has recently f...

Bermudian Michael Murdoch-Smith has been promoted by Allied World Assurance Holdings to vice-president, professional lines and team leader of Allied World’s Bermuda E&O team. He oversees professional liability for large law, accounting, architects &...

Hamilton Re’s Hanni Ali is representing the company this week at the flagship meeting of SOLVE, a global initiative that facilitates technology-based solutions to pressing issues facing the world’s communities. The annual event, held at SOLVE’s home...

Shares of BF&M Ltd fell by $1, or 6.3 per cent, to $14.85 after 8,300 traded on The Royal Gazette/BSX Index. HSBC Holdings was up 30 cents, or $3.55, at $8.75 after 65,736 were exchanged. Meanwhile, on the New York Stock Exchange, shares of Butterfie...

No shares traded on the Bermuda Stock Exchange yesterday, leaving The Royal Gazette/BSX Index unchanged at 2,409.57. The BSX had originally reported no trading on Thursday, but yesterday restated that report to show that four stocks traded and the in...

Graduation season will soon be upon us, and with it, so many admonitions explaining why students are unprepared for the challenges of the real world. Graduation speeches will discuss the trillions in student-loan debt, why spendthrifts need to stop b...

Employment income grew 3.2 per cent in the fourth quarter of last year, with international business pay driving most of the gains. For the full year, the island’s total income from work rose by about $9 million, or 0.26 per cent, to $3.44 billion. To...

The insurance industry’s exposure to cyber-risk is “an accident waiting to happen”, says Stephen Catlin. The insurance industry veteran, who is leading $1.8 billion Bermudian start-up Convex Group, said some of the coverage being sold could not be ho...

Rose Hendrickson Warren knows the agony of trying to find plus-sized clothing in Bermuda. She’s been wearing larger sizes for most of her life. Digging around for clothes in Bermuda, she found they were always either too pricey, not plus-sized at a...

Argo Group International Holding’s denial that it has an executive penthouse apartment above its New York City offices has stirred up more anger from activist shareholders. Because, while the company was correct when it batted away the claim, it did ...