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The rate of inflation jumped to 2 per cent in February, up from 1.6 per cent the previous month. Between January and February the average cost of goods and services in the Consumer Price Index increased 0.3 per cent. The all-items index rose to 104.1...

Butterfield Bank shares fell by $2, or 4.1 per cent, to $47 after 1,532 were traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 79 cents, or 1.66 per cent, at $48.24. The Royal Gazette/BSX Index was down ...

Greater-than-expected losses from last year’s Hurricane Irma hit Blue Capital Reinsurance Holdings’ first-quarter earnings. The Bermuda collateralised reinsurance provider made net income of $0.5 million, compared to $4.1 million in the first quarter...

A move to require Bermuda to make its register of company ownership public by the end of 2020 has been described as a backwards step in relations between the UK and the UK Overseas Territories by David Burt, the Premier. A debate in the House of Comm...

RenaissanceRe has reported net income of $56.7 million for the first quarter, or $1.42 per share, down from $92.4 million, or $2.25 per share, a year ago. The Bermudian-based company’s operating income available to shareholders more than doubled to $...

Retail sales rose by 2.5 per cent in February compared to the same month last year, boosted by an increase in building materials demand. After inflation was taken into account, volume rose 0.2 per cent for a second successive month of real growth aft...

Guy Carpenter has promoted John Fletcher to the role of chairman of the firm’s Bermuda operations, with immediate effect. Mr Fletcher was most recently head of the firm’s property retrocessional practice in Bermuda, where he has been based since 2013...

In the Venn diagram, the word delicious appeared twice. Zina Edwards Malcolm and Nikki Fagan are used to working data charts putting a brand together for their clients. But they put themselves in both the driver’s and the passenger’s seats when the ...

Appleby Bermuda’s Brad Adderley and Vanessa Schrum are to speak at the Bermuda Executive Forum in New York on Wednesday. The Forum, hosted by the Bermuda Business Development agency, will feature regulatory and industry leaders discussing the advant...

Sasheenie Hylton, of the Berkeley Institute, aspires to become an accountant and is now getting a feel for what that career will entail. As part of a link-up between the Association of International Companies, and Berkeley and CedarBridge Academy, sh...