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Only a few years ago the idea of letting valued digital data leave an office was something baulked at by many businesses, but not so today. Exactly how many companies now use the cloud for most, if not all of their computing needs is not easy to calc...

Next week’s Bermuda Captive Conference is shaping up to be the best attended in the event’s 12-year history. There are more than 750 attendees confirmed, and that number could reach 800 by the time the three-day conference begins on Monday at the Fai...

Caroline Foulger has been appointed as a non-executive director at Oakley Capital Investments Ltd. Oakley, which is listed on London’s Alternative Investment Market and based in Bermuda, invests in Oakley’s private-equity funds. Ms Foulger was previo...

Oil Casualty Insurance has linked up with insurer Iron-Starr to underwrite risks. The deal means that Iron-Starr, part of Ironshore, will underwrite transactional liability, directors and officers liability and cyber liability for Ocil with maximum l...

The acquisition of Bermudian-based Ironshore by Chinese conglomerate Fosun International is to be scrutinised in the US on national security grounds. The Shanghai-based company, headed by billionaire Guo Guangchang, is to appear before the US Federal...

The Royal Gazette/BSX Index today closed up 8.99 points, or 0.77 per cent, at 1,178.65. The sole trading of the day was 500 shares in the Bank of Butterfield, which went up two cents, or 1.2 per cent, to $1.64. The BSX Insurance Index ended the day d...

The Minister for Economic Development was today interviewed for a business show on Chicago radio. Grant Gibbons spoke on the Opening Bell on the city’s WGN station and highlighted Bermuda’s reputation as an international financial centre and the Amer...

A year after setting up his own cleaning and restoration business, Mike Medeiros has taken the next step and opened an office and retail space in Mill Creek Road, Pembroke. He has more than ten years experience in the tile and stone industry, and for...

The new beach bar at Horseshoe Bay Beach will be fully open within a week, owner Rick Olson said yesterday. Mr Olson’s Chops Ltd is already selling beer and wine from a concession stand at the site. He said: “As long as the weather is good, business ...

A New York-based global blockchain consortium believes Bermuda could use its reputation to become a “fintech” leader. The Agentic Group has held preliminary meetings with the Bermuda Monetary Authority about Fintech-associated opportunities. Fintech...