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Clarien Bank ATM machines are up and running again after the impacts of a Caribbean hurricane put them temporarily out of order. Some customers were surprised to learn that they could not withdraw any cash at the bank’s machines and posted their expe...

ILS (Bermuda) Ltd, organisers of Bermuda Convergence 2017, has launched a new education initiative that will provide scholarships for five Bermudian students to work towards an Associate in General Insurance (AINS) designation through the Bermuda Ins...

Falls in the share prices of BF&M Ltd and Ascendant Group left The Royal Gazette/BSX Index lower today. Insurer BF&M slipped $1.50, or 7.3 per cent, albeit on very light volume of 100 shares. Ascendant, parent company of power utility Belco, slumped ...

The future will be the focus of Bermuda Insurance Institute’s full-day educational conference on October 13. The 2017 Bermuda Insurance Market Conference, entitled “Insurance of the Future”, will take place at XL Catlin’s O’Hara House on Bermudiana R...

The Royal Gazette/BSX Index climbed almost 3.7 per cent last week after gaining ground on each of the five trading days. Butterfield Bank, the index’s largest component, was the biggest driver of the rally. Butterfield climbed $1.50, or 4.4 per cent...

Bermudian-based PartnerRe has entered into a joint strategic co-operation agreement with fintech firm RemitRadar. PartnerRe wants to adopt RemitRadar’s online channels, social media channels and artificial intelligence technologies to engage with new...

IT firm Fireminds has won a multimillion dollar investment from the majority shareholder in telecoms company One Communications. The massive cash injection from US-based ATN International will allow the tech firm to expand into new markets — and prov...

The Royal Gazette/BSX Index’s eight-day winning streak came to an end on a day of no trading today, leaving the index at 2,121.17. With Butterfield Bank remaining at $35.50 on the Bermuda Stock Exchange, its New York Stock Exchange-listed shares fell...

KPMG in Bermuda has split the roles of chairman and chief executive officer. Neil Patterson will remain chairman and Mike Morrison, head of advisory, will become the firm’s CEO. In a statement yesterday, KPMG said it was the first time in the firm’s...

I keep reading how this bull market is the second-longest since the Second World War. Lots and lots of articles, comments, observations, tweets, blog posts and on and on are running with this idea. The assertion has been made by both amateurs as well...