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Berkeley Institute students won the annual KMPG Investment Challenge for schools. The competition, contested by 16 teams from seven schools across the island, involves students being given a virtual $100,000 portfolio to manage. They select stocks to...

Watlington Waterworks Ltd’s water sales were the highest in five years in 2017, helped by an America’s Cup-inspired tourism boost and a drought, the company said in a letter to shareholders. Revenue for Watlington, which sells piped and bottled water...

Compliance professionals and those new to regulatory compliance from across the business and non-profit sectors, are invited to attend the inaugural Bermuda Compliance Professionals Conference next week. The event is being staged at the Hamilton Prin...

Enstar reported a net loss of $41.2 million in the first quarter of the year as a fall in the market value of fixed-income securities impacted financial results. The Bermudian-based run-off specialist loss compared to net earnings of $54.7 million in...

Shares of Argus Group Holdings rose six cents, or 1.6 per cent, to $3.91 after 1,000 traded on The Royal Gazette/BSX Index. A total of 7,900 shares of Bermuda Aviation Services Ltd changed hands, but there was no change to the closing price of $2. Th...

Hiscox’s chief executive officer says “good sense is receding” in the reinsurance market, meaning rate rises in the wake of last year’s huge catastrophe losses are likely to be short-lived. The Bermudian-based company reported more than 20 per cent g...

The body that represents the life insurance and reinsurance industry in Bermuda has completed a 12-week maths tutorial programme for students at CedarBridge Academy. Bermuda International Long Term Insurers and Reinsurers said that this was the third...

Privacy will be the topic of a keynote speech at the annual meeting luncheon of the Bermuda Chamber of Commerce on Thursday. Mark Thompson, global privacy lead for KPMG International, and Chris Eaton, cybersecurity lead for KPMG Islands Group, will g...

Payment solutions provider First Atlantic Commerce is now available in Canada to Canadian online merchants. Bermudian-based FAC delivers customised and flexible online credit and debit card processing to businesses in the Latin American Caribbean Reg...

Horizon Communications’ founder Gilbert Darrell is “elated” at the level of support his company is getting after the soft launch of its initial coin offering. The Bermudian-based start-up, which aims to provide a wireless internet service to customer...