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Clarien Bank Ltd will increase term deposit rates for savers after the US central bank raised its key interest rate by quarter of a percentage point today. However, the bank said its base lending rate would remain unchanged meaning borrowers will not...

Clarien Bank today donated $91,000 to nine Bermuda charities as part of its annual giving programme. The donations were made through The Clarien Foundation, the bank’s charitable trust. Michael DeCouto, Clarien Bank’s chief digital and marketing offi...

Action. Life always seems to throw challenges at all of us and at the times we least expect them. Responding to what are often significant change to your life, your business or to your loved ones provides one of the greatest tests any of us will ever...

Artificial intelligence is not about robots taking over the world, but about leveraging the powerful technology to capture and analyse vast quantities of data, and making the best use of that information. That’s the belief of Noel Pearman, Bermuda pr...

A glass fusion business has expanded and relocated in the West End. Studio8.glass, which was based at Dockyard Glassworks, has just taken over a space at The Mall, at Royal Naval Dockyard. The business gives people a chance to design and fuse their o...

Bermudian-based firms Everest Re Group and Hudson Structured Capital Management have agreed to work together. Everest will invest across several of HSCM’s investment funds and will be the anchor investor in HSCM’s new insurance technology strategy du...

Shares of Argus Group Holdings jumped 55 cents, or 16.9 per cent, to $3.80 after 13,000 traded on The Royal Gazette/BSX Index. HSBC Holdings improved by 25 cents, or 2.57 per cent, to $9.95 after 498 shares were exchanged. The Royal Gazette/BSX Index...

PartnerRe has hired a former top executive of US insurer WR Berkley as its new head of structured risk, North America Property and Casualty. Jonathan Schriber has extensive experience in structured risk solutions, having specialised in this line of b...

Aon Benfield is to bolster and expand its team on the island with new hires, a new management structure and a new chief executive officer. The reinsurance broker and capital adviser has attracted Matthias Meyenhofer from rival Guy Carpenter to join t...

Warwick Academy students have moved into second place in the KPMG Investment Challenge. The competition, contested by 16 teams from seven schools across the island, involves students being given a virtual $100,000 portfolio to manage. They select sto...