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Minibus service My Bermuda Lyft has moved up the gears since opening up last summer. The firm was launched by Nijae Burgess, a full-time engineer, who decided at the age of 28 he wanted to start a business to invest in for the future. Mr Burgess sta...

The Bermuda Stock Exchange will move to a T +2 (trade date plus two days) settlement cycle, effective Monday, October 23. This follows an announcement last month by both the US Depository Trust Companies and Canada’s Central Securities Depositories ...

Investors will be lining up to put capital into insurance-linked securities after a year of huge catastrophe losses that will prompt an increase in rates. That is the view of Richard Lowther, chief operating officer of Bermudian-based Hiscox Re Insur...

Shares of Argus Group Holdings Ltd fell 5 per cent in light trading on the Bermuda Stock Exchange. The insurer fell 20 cents to close on $3.80 as 500 shares changed hands. Argus was the only stock to trade, causing The Royal Gazette/BSX Index to fall...

MediaAlpha, a company owned by Bermudian-based White Mountains Insurance Group Ltd has acquired parts of Healthplans.com’s health and life insurance business. Terms of the transaction were not disclosed. MediaAlpha is an advertising technology compan...

QuoVadis has been accredited in the Netherlands under the Qualified Trust Service Provider (TSP) regulations under eIDAS, the regulation which establishes updated electronic identification and trust services for electronic transactions in the Europea...

XL Group is to acquire a 20 per cent stake in Mahindra Insurance Brokers Ltd (MIBL), an insurance broker serving rural and semi-urban India. The move will enable XL, which trades as XL Catlin, to support greater insurance penetration in a developing ...

Executives from four Bermuda life reinsurance companies will talk about their growing industry at the prestigious Society of Actuaries (SOA) Annual Meeting in Boston this week. On today’s panel discussion entitled “Life Reinsurance in Bermuda”, are ...

Dear Dave, What is your opinion of buying a vacation home, then renting it out when you’re not there? — J.P. Dear J.P., I see nothing wrong with it, as long as you’re buying with cash and you’re also debt-free. A vacation home is a wonderful “extra” ...

Timothy Kikuvi emerged as the winner of a prize worth $2,500 in a Bermuda Stock Exchange-sponsored quiz to mark World Investor Week. Entrants in the BSX WIW Quiz Challenge were invited to answer six questions embedded in a series of investment-relate...