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Shares of Watlington Water dipped $1.50, or 5.7 per cent, to $25 after 1,400 traded on The Royal Gazette/BSX Index. Meanwhile, on the New York Stock Exchange, shares of Butterfield Bank were up $1.26, or 2.7 per cent, at $47.97. The Royal Gazette/BSX...

Insurance firms have raised nearly $100 million for a fund to upgrade the island’s infrastructure. The Bermuda Infrastructure Fund has now been officially launched in a bid to improve ports, docks, roads, bridges, industrial facilities and healthcare...

Bermudian Brian Hall, who is credited with taking the island’s captive insurance industry to global relevance, will receive the third Fred Reiss Lifetime Achievement Award at next month’s Bermuda Captive Conference. Mr Hall is a former director and p...

Dear Dave, My husband has an old car that has become a real sticking point between us. He bought it for $2,400, and it needs about $4,000 in repairs and restoration. Together, we bring home $50,000 a year, and I feel like this car is interfering with...

Bermudian-based law firm Taylors, in association with Walkers, has been included in International Financial Law Review’s Firms to Watch listing. It is one of 43 international law firms included in the supplement, which is a spin-off from the IFLR1000...

About $2.5 billion in insurance claims will emerge after a spell of severe weather in parts of the US, says catastrophe modelling firm Karen Clark & Co. The estimate relates to damage to residential and commercial properties and automobiles from a sp...

PwC Bermuda is partnering with the Financial Times to host a major insurance conference in November. The involvement of one of the world’s leading business publications with the conference reflects well on the island’s standing as a centre of busine...

The best fuel option for power plants and ship propulsion during the next 25 to 40 years is liquefied natural gas, according to Jens Alers. The wind of change for power production is becoming evident in Bermuda. In its Integrated Resource Plan Propos...

PartnerRe Ltd has reported a net loss attributable to common shareholders of $120 million for the first quarter, compared to a $38 million for the same period in 2017. The company said the net loss includes net unrealised investment losses of approx...

A third Bermuda Healthcare Forum is to be held in 2020 following the success of this year’s event. More than 200 healthcare industry specialists attended the second forum last month, with at least half travelling from overseas. They discussed risk tr...