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A new fee to pay for power industry regulation came into force this month. The charge, of $0.00475 per kilowatt-hour sold, amounts to around $34 a year on the bills of middle-tier customers and less than $10 a year for the lowest tier. The money will...

A dance and exercise studio owner has brought new fitness machines to Bermuda. Demeka Tacklyn, owner of Bruk Out Studio, plans to use the whole body vibration machines for classes, as well as sell and rent them out. And she will launch her Dr Fuji cy...

The insurance-linked securities market has hit a new high with of nearly $27.19 billion in the first quarter of the year. The figure for catastrophe bonds and ILS features in a report by industry news website Artemis.bm and beat the previous 2016 rec...

The Royal Gazette/BSX Index today closed unchanged at 1,968.21 after no trading took place. On the New York Stock Exchange, the Bank of Butterfield dropped 8 cents, or 0.25 per cent, to $31.83.

OSLO (Bloomberg) — Bermudian-domiciled Seadrill Ltd, once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of short-term speculators as the biggest funds avoid the offshore driller amid a struggle to avoid bankrup...

The clubhouse at the former Riddell’s Bay Golf and Country Club is on the market with a price tag of $2.85 million. The clubhouse, with 19,000 gross square feet of space, comes with nearly two acres of land and is said to be suitable for a range of u...

A Bermudian-born company is taking off in Canada with a high-tech software program linked to drones and aimed at the insurance industry. The founders of Bermuda Aerial Media launched sister firm Skymatics in Calgary two years ago and now employs five...

British Airways has opened plush new lounges and check-in area at London’s Gatwick Airport south terminal. The new First and Club lounges in the terminal BA flights to Bermuda use have more than double the seating and are almost half as big again as ...

This is the second part of an article about the impact of the fourth industrial revolution on the reinsurance industry. We are currently in the early stages of a new industrial revolution, that I believe started around 2010. The signs are these for...

Bank of Butterfield shares today rose 50 cents to close on $32 in Bermuda Stock Exchange trading. The 1.6 per cent gain came as 3,600 shares traded. On the New York Stock Exchange, the bank’s shares gained 16 cents, or 0.5 per cent, to close on $31.9...