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Organisers of the Bermuda Captive Conference have chosen Friends of Hospice as the first recipient to be featured in its new charity programme. The Friends of Hospice, which supports Bermuda’s only inpatient hospice, Agape House, will receive a donat...

An insurtech start-up is harnessing the power of artificial intelligence and quantum computing to provide cyber underwriting to insurers and reinsurers. Bermuda will play a role in the growth of Envelop Risk, which is believed to be the first insurte...

Bermudian-based Bacardi Ltd has acquired Patrón Spirits International, maker of a well-known tequila brand Patron. The deal, which was first announced three months ago, closed today. The two companies have enjoyed a successful working relationship, ...

Shares of Butterfield Bank hit a one-year high of $49 on The Royal Gazette/BSX Index, improving by $1.25, or 2.6 per cent, after 1,100 were traded. Also improving were shares of Argus Group Holdings, which were up 30 cents, or 8.3 per cent, to $3.91 ...

AFL Investments Limited has been rebranded to Argus Wealth Management Limited and is now a wholly owned subsidiary of The Argus Group, In a statement, Argus Wealth said it will continue to offer investment options to Bermuda-based private and instit...

A delegation of more than 60 industry leaders will take the Bermuda market’s message to New York City this week for an executive forum. The multi-industry event will feature Bermuda-born Brian Duperreault, chief executive officer of American Internat...

Consultation on the method to calculate the rate paid to Renewable Energy Metering Scheme participants is under way, the Regulatory Authority of Bermuda has announced. The feed-in tariff is paid by Belco to compensate people who are connected to the ...

The $140 billion drop in the value of General Electric’s stock price during the past year gets the full human interest treatment in the Wall Street Journal. I don’t want to minimise the deep individual suffering of those who had their retirement savi...

This is the latest update on the KPMG Investment challenge, which started in November and concludes at the end of this month. Berkeley Institute and Warwick Academy, the top two teams, have been featured in previous articles in the series. A team of...

Far from recoiling from loss events in 2017, insurance-linked securities investors are “reloaded and ready” for next month’s Florida renewals, according to Willis Towers Watson Securities. The company’s ILS Market Update also shows that outstanding c...