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Chubb Limited, which has offices in Bermuda, expects to record a one-time benefit from the new US tax law in excess of $250 million in the fourth quarter of this year. Chubb’s preliminary estimate reflects the one-time impact of the reduced US corpor...

The only stock traded on The Royal Gazette/BSX Index was One Communications Limited. A total of 10,000 shares were exchanged, but with no change to the closing price of $3. The Royal Gazette/BSX Index was unchanged at 2,204.19. On the New York Stock ...

Shares of Butterfield Bank were down 46 cents, or 1.22 per cent, at $37.25 on the New York Stock Exchange. The Royal Gazette/BSX Index was closed yesterday.

Dear Dave, My wife and I both lost our jobs a few weeks ago. She began a training course for a new job last week, and I’ve been interviewing. We cashed in an annuity the other day because things have been tight, and we were wondering if we should use...

Bermuda Linens & Gifts took top honours as “best overall” in the St George’s Window Display Contest. The annual event is backed by the Bermuda Economic Development Corporation, in collaboration with the St George’s Rotary and the Corporation of St Ge...

There were mixed emotions on the streets of Hamilton as shoppers geared up for the holidays. With many scrambling to get their last-minute gifts and groceries, some were cheerful, others weary, while some were feeling the burden of seasonal expenses....

Scooter Mart has become one of the first businesses on the island to accept payment in bitcoin. The business, located on Lovers Lane in Paget, was launched early this year by Nick Thomson, a former accountant at professional services firm KPMG, along...

The Berkeley Institute has dominated the early weeks of the KPMG Investment Challenge. The competition, contested by 17 teams from seven schools across the island, involves students being given a virtual $100,000 portfolio to manage. The six-month ch...

Shares of BF&M Limited were up 25 cents, or 1.5 per cent, at $17.25 after 606 traded on The Royal Gazette/BSX Index. A total of 10,193 shares of One Communications Ltd, and 1,000 shares of LOM Ltd were also exchanged, but with no impact to their clos...

RenaissanceRe Holdings Ltd expects a $40 million reduction in income as a result of the passing of the US tax Bill. In a statement, the Bermudian-based company said it had conducted a preliminary assessment of the Tax Cuts and Jobs Act of 2017, which...