Log In

XL Catlin has appointed Claudia Thyme as director of emerging markets development. She will execute the company’s emerging market strategies, with a particular focus on Latin America. Ms Thyme has 20 years of experience in the insurance industry, te...

An upgrade of Belco’s customer self-service portal has left customers temporarily unable to initiate on-demand debit payments. In an e-mail to customers, the power utility said the portal was upgraded at the start of February in an effort to restore ...

Somers Ltd generated net income of $15.5 million in the last three months of last year, helped by a strengthening of the UK pound. The Bermudian-based financial-services holding company, which owns Bermuda Commercial Bank, reported strong results acr...

KPMG believes that ongoing work on several major construction projects — the new airport terminal, Caroline Bay and the new St Regis hotel — will add investment spending amounting to about 8 per cent of gross domestic product over the next three year...

Butterfield Bank shares surged 4.6 per cent in Bermuda Stock Exchange trading — but they still have some distance to go before they catch up with the bank’s New York-listed shares. On the BSX, Butterfield jumped $2 on the trading of 229 shares to clo...

The grass is not being allowed to grow under Bermuda’s ambitions to be a leading global player in the world of digital currencies and blockchain technology. Legislation related to ICOs, or initial coin offerings, is in train and is expected to be pr...

Tenancy agreements (also known as leases) can be in writing or if for less than three years can also be agreed orally. Oral agreements can be unwise, as there is no written record of terms and conditions. Oral agreements for less than three years hav...

Since it emerged out of the liability crisis of the mid-1980s, Bermuda has faced many challenges — perceived or real — to its hegemony as the world’s pre-eminent offshore re/insurance market. Naysayers have long pointed to internal factors such as po...

Shares of One Communications Ltd were one cent lower, or 0.3 per cent, at $2.99 after 10,000 were traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were down 15 cents, or 0.33 per cent, at $45.80. The R...

Bermuda Press (Holdings) Ltd’s annual net profit fell to $1.21 million as an increase in revenue was eclipsed by rising operating expenses. The company, which owns The Royal Gazette, as well as commercial printing, real-estate and retail interests, s...