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Inspire. Who do you inspire and who inspires you? A word within this word is “spire”. One of the meanings of spire is to “reach for the skies!” So inspiring others or having others inspire you means you not only reach for new heights but if you get...

White Mountains Insurance Group reported a $33 million loss in the fourth quarter, compared with a profit of $268 million in the same period in 2015. However, the Bermudian-based financial services holding company made a profit of $413 million for th...

The first catastrophe bond to be sponsored by a Brazilian company has been issued in partnership with the insurance-linked securities arm of Bermudian reinsurer Validus Holdings. AlphaCat Managers Ltd teamed up with Terra Brasis Resseguros SA to comp...

A Swiss company has signed a deal to buy a controlling share in Bermuda-based hi-tech firm QuoVadis. And WISeKey, a leading cybersecurity and internet of things company, said it expects the acquisition to add more than $20 million in revenues to its ...

The Royal Gazette/BSX Index was unchanged at 1,986.55. The sole trading of the day was in telecoms firm KeyTech, with its price unchanged at $2.50 after 1,000 shares changed hands. On the New York Stock Exchange, the Bank of Butterfield dropped 45 ce...

Bermudian insurer and reinsurer Argo Group has closed the acquisition of fellow island firm Ariel Re. Agreement on the $235 million deal was announced last November. And today Argo also announced that Ryan Mather, former Ariel Re chief executive off...

The value of shares traded on The Royal Gazette/BSX Index last week topped $4.5 million. HSBC Bermuda improved by 50 cents, or 6.32 per cent, to $8.40 after 2,169 were exchanged. Also jumping higher was Argus Group, which was 20 cents up, or 4.4 per ...

Front Street fixture the Smokin’ Barrel is going back to the future with a return to its original menu. The bright red food truck, stationed next to the Ferry Terminal, will also get a makeover, with a new paint job. Smokin’ Barrel owner Kemar Maybur...

Bermuda businesses have “nothing to fear” from new access to information laws, Information Commissioner Gitanjali Gutierrez said as she spoke at a seminar organised by the Bermuda Chamber of Commerce. Ms Gutierrez said that the Public Access to Infor...

The Segregated Accounts Companies Act 2000 (SAC Act) makes it possible for a company incorporated in Bermuda to register as a segregated accounts company (SAC). A segregated account contains assets and liabilities that are legally separated from (i)...