Log In

Modernisation of Bermuda’s corporate law has been welcomed by business chiefs. A total of nine bills relating to the island’s international business sector have been passed by the House of Assembly in little more than a year. And Ross Webber, chief e...

NEW YORK (Bloomberg) — American International Group said it will buy back $3 billion of stock after second-quarter profit climbed 6.3 per cent, helped by asset sales. The insurer climbed in extended trading in New York. Net income advanced to $1.91 b...

A top IT consultant from London is to be the keynote speaker at a conference in Bermuda on cybersecurity. Darren Wray, chief executive officer of IT firm Fifth Step, will feature at the Secure Bermuda 2016 conference, to be held next Wednesday. Mr Wr...

Bermudian-based global insurer and reinsurer Argo Group International Holdings has announced profits of $30.9 million for the second quarter. The net income figure was up $3 million on the $27.9 million for the same period last year. This quarter’s p...

A Bermudian student has won a scholarship worth up to $90,000 to study law in England. Mariangela Bucci is this year’s winner of the annual scholarship, sponsored by law firm Conyers Dill & Pearman. The scholarship is worth $30,000 a year for a maxim...

Shares in Watlington Waterworks dropped two cents, or 0.1 per cent, to close at $20.25 on The Royal Gazette/BSX Index. The fall came after 2,800 shares in the company traded. Somers Ltd was unchanged at $13.75 after 200 shares moved. Insurer BF&M was...

Endurance Specialty Holdings has reported net income available to common shareholders of $76.6 million in the second quarter, marginally up on the $76 million for the same period in 2015. Profit was $1.14 per diluted common share, down from $1.68 yea...

We are in the time of year when so many people take a vacation to enjoy time with their families and to get a rest and a change. This time allows one to take a step back, get some well needed rest and a major change in the normal routines. Whatever...

Blue Capital Reinsurance Holdings has posted profits of $2 million, or 22 cents per share, for the second quarter of the year, compared with $5.5 million during the same period in 2015. Blue Capital’s earnings beat analysts’ estimates, as collated on...

Bermuda shorts company TABS has opened its first store. The company, which began life online three years ago, has branched out into a bricks-and-mortar presence. And owner Rebecca Singleton said the new store was an ideal showcase for an expanded ran...