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Bermuda’s finance minister Bob Richards has fired a broadside at the UK’s hypocrisy over tax legislation. Speaking to The Guardian newspaper, Mr Richards blasted Britain’s bid to have its Overseas Territories establish public registers of the owners ...

Dear Dave, I take classes online at a public university that is several hours from my home. I tried to pay for my classes the other day, and my Visa debit card was not accepted. I got a message saying credit cards and cash were the only payment optio...

It has not taken long for gourmet popcorn store Savory Kernels to pop up in a second location. The company sprang into business at the end of October when it opened its doors upstairs from Pic a Pet, on Queen Street. Now residents in the east can get...

John Cox, the founding chairman and first employee of Ace Ltd, has died at the age of 84. Back in 1985, Mr Cox played a pivotal role in getting Ace off the ground in Bermuda, helping to establish a company that is today known as Chubb Ltd, the larges...

Bermudian reinsurer Validus Holdings Ltd’s fourth-quarter net income plummeted to $7.8 million, down from $69 million in the same period last year, as it dealt with losses from Hurricane Matthew and an earthquake in New Zealand. The group’s net incom...

It’s too early to tell how the Bermuda reinsurance industry will be impacted by likely tax reform in the US. That’s the view of Mike McGavick, chief executive officer of XL Catlin, who believes that making it more expensive for US firms to buy reinsu...

A new committee will be “a cheerleader” for island businesses looking to ride the America’s Cup wave. Now America’s Cup Bermuda team is to launch a series of information sessions designed to maximise opportunities for local businesses. Denise Riviere...

The Royal Gazette/BSX Index closed unchanged at 1,986.55. A total of seven shares in the Bank of Butterfield sold, leaving its price unchanged at $32.50. On the New York Stock Exchange, the bank shed 16 cents, or 0.48 per cent, to $32.98. The BSX Ins...

Staying ahead of the threat is the goal of an artificial intelligence cyberdefence technology now being used by Colonial Group International in Bermuda. Colonial is the first insurance company on the island to deploy Darktrace’s Enterprise Immune Sys...

Technology start-up Trunomi is opening the door to Bermudian investors as it prepares for the next stage of its development. The company, founded in Bermuda three years ago by chief executive officer Stuart Lacey, has created patented technology that...