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Customers of TeleBermuda International will receive refunds for three disruptions that affected the service since December. The new management of the company, which provides voice, internet and managed information technology services, said it will re...

A number of Bermudian-linked companies are supporting a blockchain initiative for the insurance industry that is likely to be market-ready next year. The Blockchain Insurance Industry Initiative, or B3i, is using blockchain technologies to develop tr...

The Regulatory Authority has issued a consultation on the regulatory accounting reporting instructions that will apply to electricity sector licensees. Currently, the Authority requires licensees to prepare separate accounts for each licensed busines...

Shares of Butterfield Bank were down 50 cents, or 1.1 per cent, at $45.50 after 3,300 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange the bank’s shares were down 9 cents, or 0.2 per cent, at $45.61. The Royal Gazette/BSX Index w...

Daniel’s Head is to be marketed to global developers in a bid to revive the former resort location. The Bermuda Land Development Company Ltd is working with KPMG Advisory Ltd to market the site to potential developers. The site was formerly the 9 Bea...

Bermuda’s insurance industry has registered a year-on-year increase in company registrations across multiple sectors, driving job growth on the island. Fifty-eight new insurers registered last year compared in 42 in 2016. The new registrants ranged f...

Ross Smith has an expert eye when it comes to knowing what needs to be done to keep buildings and facilities safe and well maintained. It is an area of expertise he has been involved in for more than 20 years. Two years ago he branched out with his o...

Hiscox Ltd chairman Robert Childs says there will be no change in the company’s Bermuda residency or staffing levels as a result of US tax reform. However, the insurer and reinsurer will have to bolster capital at its US business and expects the adde...

A one-time tax benefit of $139.4 million helped lift Triton International Ltd’s fourth-quarter profit to $207.2 million, or $2.57 per share. That compares with a profit of $57.2 million in the preceding quarter, and $22.8 million for the same quarter...

Shares of Butterfield Bank remained at $46 after 1,798 were traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were down $1.10, or 2.35 per cent, at $47.50. The Royal Gazette/BSX Index was unchanged at 2,584.24, ...