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Allied World made a total of profit of $80.3 million in the first three months of this year. The figure was up $6.2 million on the $74.1 million recorded in the first quarter of last year and equal to 90 cents per share, compared to 81 cents per shar...

Bermuda’s A+ credit rating and stable outlook have been affirmed by ratings agency Standard & Poor’s. The island report said: “The ratings reflect our view of Bermuda’s effective and predictable policymaking, very high gross domestic product per capi...

Government has now issued the much anticipated Common Reporting Standard (CRS) regulations setting out the CRS obligations that Bermuda reporting financial institutions must comply with. The Ministry of Finance is also planning to issue CRS guidance ...

Bermudian IT specialist CCS Group is to host a cybersecurity summit next week. The meeting will feature guest speaker Tucker Thompson, the official America’s Cup TV and public host, as well as designer from Oracle Team USA, who will talk about the im...

Global insurer and reinsurer XL Catlin last night posted profits of $152.8 million for the first quarter of the year. The figure is nearly $140 million up on the same period last year and equal to 57 cents per share, compared to 7 cents in the first ...

Telecoms firm One Communications went up 15 cents to $2.90 on The Royal Gazette/BSX Index. The move, equal to 5.5 per cent, came after 5,500 shares traded. On the New York Stock Exchange, the Bank of Butterfield rose two cents, or 0.06 per cent, to $...

A meeting with the marketing and business arm of Philadelphia’s Chamber of Commerce was a highlight for the Bermuda team at the Risk and Insurance Management Society’s conference. The discussions included tentative leads that could develop into busin...

Online property company Propertyskipper yesterday launched a new Bermuda website. The new website is designed to be easier to use and mobile device-friendly. Peter Goodall, director of Propertyskipper, which also operates in Barbados and Guernsey in ...

A free pensions and savings seminar is to be held tomorrow. The event, hosted by Colonial Pension Services, part of the Colonial group of companies, will highlight the importance of financial planning for the future. Laurie Daniels, customer service ...

Bermudian-based First Atlantic Commerce has launched a new online billing system in partnership with a firm from Costa Rica. FAC teamed up with Trambia, a Costa Rican tech firm, to introduce Fygaro — invoicing software with built-in security aimed at...