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Retail sales rose by 2.5 per cent in February compared to the same month last year, boosted by an increase in building materials demand. After inflation was taken into account, volume rose 0.2 per cent for a second successive month of real growth aft...

Guy Carpenter has promoted John Fletcher to the role of chairman of the firm’s Bermuda operations, with immediate effect. Mr Fletcher was most recently head of the firm’s property retrocessional practice in Bermuda, where he has been based since 2013...

In the Venn diagram, the word delicious appeared twice. Zina Edwards Malcolm and Nikki Fagan are used to working data charts putting a brand together for their clients. But they put themselves in both the driver’s and the passenger’s seats when the ...

Appleby Bermuda’s Brad Adderley and Vanessa Schrum are to speak at the Bermuda Executive Forum in New York on Wednesday. The Forum, hosted by the Bermuda Business Development agency, will feature regulatory and industry leaders discussing the advant...

Sasheenie Hylton, of the Berkeley Institute, aspires to become an accountant and is now getting a feel for what that career will entail. As part of a link-up between the Association of International Companies, and Berkeley and CedarBridge Academy, sh...

Organisers of the Bermuda Captive Conference have chosen Friends of Hospice as the first recipient to be featured in its new charity programme. The Friends of Hospice, which supports Bermuda’s only inpatient hospice, Agape House, will receive a donat...

An insurtech start-up is harnessing the power of artificial intelligence and quantum computing to provide cyber underwriting to insurers and reinsurers. Bermuda will play a role in the growth of Envelop Risk, which is believed to be the first insurte...

Bermudian-based Bacardi Ltd has acquired Patrón Spirits International, maker of a well-known tequila brand Patron. The deal, which was first announced three months ago, closed today. The two companies have enjoyed a successful working relationship, ...

Shares of Butterfield Bank hit a one-year high of $49 on The Royal Gazette/BSX Index, improving by $1.25, or 2.6 per cent, after 1,100 were traded. Also improving were shares of Argus Group Holdings, which were up 30 cents, or 8.3 per cent, to $3.91 ...

AFL Investments Limited has been rebranded to Argus Wealth Management Limited and is now a wholly owned subsidiary of The Argus Group, In a statement, Argus Wealth said it will continue to offer investment options to Bermuda-based private and instit...