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Former island insurance and reinsurance leader Mark Byrne is to be buried in New Hampshire on Tuesday. A service for Mr Byrne, who died in Montreal last Thursday, will be held in St Denis’ Catholic Church in Hanover before a private family burial. He...

In a recent column, I discussed the importance of licensed entities having a plan to ensure regulatory compliance rather than risking penalties being imposed because of deficiencies uncovered following a visit from the Bermuda Monetary Authority. Tod...

BF&M Ltd took a $10 million hit from hurricanes in 2016, the most active storm year the insurer has ever experienced. However, the island-based firm was still able to post full-year net income of $14.4 million — down from the $23.9 million profit in ...

The former home of a Canadian tycoon once listed among the richest people in the world is up for sale with a pricetag of $1.9 million. Skyline Cottage, near the Fairmont Southampton, was bought by billionaire businessman Kenneth Colin Irving, known a...

Argo Group, the Bermudian-based insurer and reinsurer, has warned that its first quarter profits will be adversely impacted by about $16.5 million. The four non-recurring charges include $5 million in late claims reported from Hurricane Matthew, and ...

The Royal Gazette/BSX Index closed unchanged at 1,936.54. The sole trading of the day saw 5,000 shares in telecoms firm One Communications sell, leaving its price unchanged at $2.75. On the New York Stock Exchange, the Bank of Butterfield dropped 59 ...

Bermudian-based hedge fund manager Revelation Capital Management has been cleared of wrongdoing in a New York court. Revelation and company chief Christopher Kuchanny were accused three years ago by the US Securities and Exchange Commission of making...

A founder and former chairman of Bermuda reinsurer Flagstone Re has died in Canada. Mark Byrne, who cofounded Flagstone with David Brown, died in Montreal last Thursday. He was 55. Mr Byrne was involved in the island’s insurance and reinsurance busin...

A consignment of hi-tech electric microcars has arrived in Bermuda. The Renault Twizys were delivered to Hamilton Docks yesterday for importers Eurocars for onward transfer to a rental company. Eurocar yesterday declined to comment on the final desti...

The young entrepreneurs behind a range of electric scooters and motorbikes yesterday hosted a special business seminar for senior pupils at Berkeley Institute. Jamie Lovell and Alex Marshall of Team Oni Racing Club spoke to senior pupils at the schoo...