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A past recipient of the Bermuda Foundation for Insurance Studies scholarship will lead the organisation as its new president. Stephen Jones has served on the BFIS board since 2014, and has been on the scholarship committee for six years. As a past sc...

The Royal Gazette/BSX Index was unchanged at 2,266.8. The only stock to trade was 600 shares of Somers Limited, with the closing price unmoved. On the New York Stock Exchange, Butterfield Bank shares were up 10 cents, or 0.26 per cent, at $38. The BS...

A new pop-up beach experience will be on offer for locals and visitors at the East End next year during the summer months. The services at Clearwater Beach will be called the Bermuda Triangle Beach experience, and is designed to bring more visitors t...

Bermuda’s new airport was a “game changer” in a decision to buy the luxury Rosewood Tucker’s Point hotel, the new owner said. Karim Alibhai, head of Miami-based international hotel company Gencom, said the airport was a major factor in the decision t...

A Bermudian-based law firm director has been listed as one of the top 200 international Powerwomen by Citywealth magazine. It is the third consecutive year that Fozeia Rana-Fahy, of MJM Limited, has made the list. A client who gave a quote to Citywea...

Shares of Bermuda Press (Holdings) Ltd, the parent company of The Royal Gazette, were down nine cents, or 1.5 per cent, to $6.11 after 2,000 traded on The Royal Gazette/BSX Index. And 1,900 shares of BF&M Ltd were exchanged, but with no change to the...

Meetings aimed at strengthening ties between Bermuda and the cities of Miami and Miami Beach, particularly the business communities, were yesterday held in Florida. David Burt was welcomed by Francis Suarez and Dan Gelber, the mayors of Miami and Mia...

BF&M Limited has reported a $14 million drop in net income as a result of insurance claims related to hurricanes Irma and Maria. The company’s nine-month earnings to the end of September were $5.2 million, resulting in an annualised return on shareho...

An insurtech start-up that has attracted investment from island reinsurer Maiden Re has released a commercial drone package for property insurance inspections and claims. It is the latest advancement for Betterview, a US company set up three years ag...

Bermuda is continuing its glide path towards budget equilibrium, but there is still some way to go as shown by the latest revenue and expenditure figures. At the end of September the gross debt was $2.515 billion. The Bermuda Government aims to reach...