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The Royal Gazette/BSX yesterday closed down 27.32 points, or 2.34 per cent, at 1,158.69. Shares in telecoms firm KeyTech dropped $1.25, or 38.5 per cent, to $2 after 3,663 shares traded. Bermuda Press (Holdings) Ltd, the parent company of The Royal G...

The continuing low price of fuel and electricity helped drive down inflation to 1 per cent in March. It was the third consecutive month that inflation has fallen since it hit 1.8 per cent in December. Inflation in March was 0.3 percentage points lowe...

Insured losses from the ongoing wildfires around Fort McMurray, in Alberta, Canada, have been estimated at between $3.4 billion and $6.9 billion (C$9 billion) by catastrophe modelling firm AIR Worldwide. And the disaster could have a bigger impact on...

Mergers and acquisitions in the reinsurance industry will continue, an expert from ratings agency AM Best predicted yesterday. But John Andre, group vice-president, said that any new mergers would likely be on a smaller scale than the past few years,...

The Esso City gas station, in Hamilton, is switching to new operators from the end of the month. H and M Service Stations will replace FC Service Station Ltd, run by Craig Cannonier, the Bermuda Government Minister for Public Works, which has operate...

The Royal Gazette/BSX closed up 4.73 points, or 0.40 per cent, at 1,186.41. The sole trading of the day was 5,400 shares in utilities firm Ascendant, which pushed its price up 49 cents, or 10.9 per cent, to $4.99. The BSX Insurance Index ended the da...

The Argus Group has launched an online training programme for its employees called Argus U. Argus U consists of more than 10,000 courses and new content will be added on a regular basis. “Argus U takes a holistic approach to employee training by off...

Fidelis Insurance has announced a new chief investment officer. Laurent Jeanmart will replace Ed Russell and report to Neil McConachie, the group chief financial officer. Mr Jeanmart said: “Fidelis has advanced rapidly since its formation and its ver...

Island jurisdictions like Bermuda should grab public-private investment opportunities and worry less about risk and the small print in contracts. The view came in a report by professional services firm KPMG into infrastructure in island regions. The ...

Last week I attended the 69th Annual CFA Institute Conference. It was a whirlwind event chocked full of excellent presentations ranging from Fintech to mindfulness. I usually come away with pages upon pages of notes and material to look at further an...