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Nearly half of Bermuda businesses do not have a defined cybersecurity network, Government statistics reveal. A total of 48 per cent of professionals surveyed in the overview of technology on the island said they did not have defined cybersecurity. Ho...

The Royal Gazette/BSX Index edged higher last week, despite some stocks taking hefty falls. The Index closed at 2,038.28, up 49.42 points, or 2.42 per cent. Butterfield Bank improved by $1.50, or 4.6 per cent, to close at $34 after 9,279 shares trade...

American International Group is to sell $590 million of shares in Bermuda-based insurer and reinsurer Arch Capital Group. AIG, which last month appointed former Hamilton Insurance Group chief Brian Duperreault as president and CEO, acquired more than...

There is still time to register for a lunch-and-learn demo session of an online Bermuda payroll system, which will take place at the Bermuda Chamber of Commerce tomorrow. Businesses are being given a second chance to see a free demonstration of the s...

Bermuda’s Vineyard Vines store has massively exceeded sales expectations, the brothers behind the brand have revealed. Shep and Ian Murray, who founded the US brand with its distinctive pink whale logo nearly 20 years ago, said its first internationa...

Bermuda-based insurer and reinsurer Argo has appointed a new head for Latin American business. Jorge Luis Cazar Leon will lead operations insurance and reinsurance operations in central and South America, reporting to Argo’s head of international Jos...

Bank of Butterfield shares yesterday fell 43 cents, or 1.23 per cent to $34.48, on the New York Stock Exchange. The Royal Gazette/BSX Index was unchanged at 2,038.28 after a day of no trading. The BSX Insurance Index closed down 9.40 points, or 0.49 ...

Dear Dave, When you use the envelope system, what should you do with any leftover money? MANDY Dear Mandy, My suggestion would be to carry it over to the next month. Lots of folks don’t use all the money in their clothing envelope during a month. The...

A visible sign of the island’s booming summer can been seen weekly as freight-carrying ships arrive with containers piled higher than usual. The America’s Cup and the accompanying plethora of visiting superyachts, the tall ships’ visit, and the arriv...

Umer Islam has been appointed as leader of EY’s captive insurance practice. Mr Islam, the professional services firm’s Bermuda executive director, has more than 14 years of experience providing assurance and advisory services to insurance and reinsu...