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Butterfield Bank shares rose by 50 cents, or 1.1 per cent, to close at $47.50 after 2,798 traded on The Royal Gazette/BSX Index. Shares of Argus Group slipped by one cent, or 0.3 per cent, to $3.90 after 1,500 were exchanged, while Bermuda Press (Hol...

Relations between the UK and its Overseas Territories have taken “a significant backwards step” following a move to compel the OTs to make their company ownership registries public by the end of 2020. That was the reaction of David Burt, the Premier,...

Standard and Poor’s has upgraded the financial strength rating for Bermudian-based Sompo International Holdings Ltd’s operating subsidiaries to A+ from A. The ratings agency also raised the assessment of the Sompo Holdings Group’s enterprise risk man...

White Mountains Insurance Group has reported a $48 million comprehensive loss attributable to common shareholders during the first quarter. For the same period in 2017, the Bermudian-domiciled company made a gain of $29 million. White Mountains repor...

Bermuda’s unique value to onshore economies across industry sectors was the clear message of an executive forum held in New York today by the Bermuda Business Development Agency. The forum saw an impressive collective effort by government, regulatory...

The future of the electricity sector is up for discussion. This week, the Regulatory Authority of Bermuda will release the Integrated Resource Plan, drawn up by power utility Belco. The document contains detailed proposals on how to achieve a reliab...

Axis Capital Holdings Limited made a profit of $63 million, or 75 cents per share, in the first quarter, compared to $5 million, or 6 cents per common share, for the corresponding quarter in 2017. The Bermudian company’s operating income for the qua...

Richard Branson, one of the world’s most successful businessmen, will be involved “virtually” in next week’s Ocean Risk Summit in Bermuda. The island is hosting the new event, which will be attended by leaders of governments and the economic, environ...

International law firm Taylors in association with Walkers has hired Natalie Neto, formerly of Cox Hallet Wilkinson Ltd. Ms Neto was head of corporate at CHW, where she had worked since 2006, and will join Taylors as a partner. In addition, Taylors s...

Short for an initial coin or token offering, “ICO” has become a common buzzword thanks to the cryptocurrency revolution. But consumers should be cautious if they are considering investing in an ICO because a lack of regulation in this space worldwide...