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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...

Butterfield Bank made a profit of $35.9 million in the first quarter of the year. The figure was an increase of $9.1 million on the same quarter last year and equivalent to 65 cents per share, up 84 cents on the last quarter of 2016 and 17 cents over...

Insurance company Chubb yesterday reported profits of more than $1 billion for the first quarter of the year — a 149.2 per cent increase on the same period last year. The $1.09 billion figure compared to the $439 million recorded in the same period o...