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The US Congress passed the 2017 Tax Cuts and Jobs Act on December 20, 2017 and it has since been signed into law by President Donald Trump. Under the Act, the largest decrease in tax would potentially go to high-income married couples filing jointly....

Supporting small Bermudian businesses has been the goal for two local women since starting their own boutique. Owners Jan Quinn and Andrea Moniz launched Hand Made Bermuda, which operates within the Clock Tower Mall, Dockyard, four years ago. “We sta...

Randall & Quilter Investment Holdings Ltd has sold its insurance services and captive management operations to UK-based Davies Group in a deal worth £20 million ($27.6 million). R&Q, whose head office is in the FB Perry Building on Church Street, sai...

Shares of Ascendant Group rose 5.3 per cent in Bermuda Stock Exchange trading to close at a new 52-week high. The owner of power utility Belco closed at $10, up 50 cents on the day, as 23,800 shares changed hands. Ascendant was the only stock to trad...

Women in Reinsurance (WiRe), the professional organisation for women working in the reinsurance sector, plans to host a panel on the topic of diversity in the boardroom. The “Breaking Board” panel will include Rochelle Simons, chairwoman, Institute ...

Clarien Bank is increasing its Bermuda dollar base lending rate by 25 basis points. For personal mortgages this will mean an increase from 4 per cent to 4.25 per cent, while commercial mortgages will rise from 4.25 per cent to 4.5 per cent. The ban...

Leila Madeiros is to join XL Group as head of compliance and regulatory affairs, Bermuda. A veteran of the industry umbrella organisation the Association of Bermuda Insurers and Reinsurers, Ms Madeiros will join the global insurer and reinsurer in Ap...

Designer Balloons Studio, a business specialising in balloon decor and other party supplies, has launched an interactive new website. The site, www.designerballoonstudio.com, which officially launched last week, allows people to purchase an array of ...

Dear Dave, I have cousins who are looking to rent for a while, and I have an unoccupied rental house. Do you think renting to family is a bad idea? — Katherine Dear Katherine, Renting to family can work out just fine, as long as there are clearly un...

How cheap or expensive are stocks? This is one of the more interesting investing debates, and a very confusing question for institutions and individuals alike. It often leads to fear, paralysis or bad decision-making, or some combination of the three...