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It’s too early to tell how the Bermuda reinsurance industry will be impacted by likely tax reform in the US. That’s the view of Mike McGavick, chief executive officer of XL Catlin, who believes that making it more expensive for US firms to buy reinsu...

A new committee will be “a cheerleader” for island businesses looking to ride the America’s Cup wave. Now America’s Cup Bermuda team is to launch a series of information sessions designed to maximise opportunities for local businesses. Denise Riviere...

The Royal Gazette/BSX Index closed unchanged at 1,986.55. A total of seven shares in the Bank of Butterfield sold, leaving its price unchanged at $32.50. On the New York Stock Exchange, the bank shed 16 cents, or 0.48 per cent, to $32.98. The BSX Ins...

Staying ahead of the threat is the goal of an artificial intelligence cyberdefence technology now being used by Colonial Group International in Bermuda. Colonial is the first insurance company on the island to deploy Darktrace’s Enterprise Immune Sys...

Technology start-up Trunomi is opening the door to Bermudian investors as it prepares for the next stage of its development. The company, founded in Bermuda three years ago by chief executive officer Stuart Lacey, has created patented technology that...

Small cars are a big hit in Bermuda as sales jumped 15.3 per cent last November compared to the same month the previous year. Lionel Burt, in charge of sales for the Kia marque at Bermuda Motors, said the firm had just taken a delivery of 30 cars, ma...

An island tourism firm has hooked up with a new mobile game development company to create the first mobile app designed to promote Bermuda’s culture. Hidden Gems: Island Eco Tours’ Ashley Harris said she was delighted to be able to offer the app, des...

Julianna Muir has been appointed head of strategy and innovation at Hamilton USA. Ms Muir has worked for the company since 2015 and has been promoted to the newly-created position. She will be a “key participant and leader in designing and executing ...

The Bank of Butterfield dropped $1 in Bermuda Stock Exchange trading today. The fall, equal to 3 per cent, left the bank at $32.50. On the New York Stock Exchange, Butterfield fell 1 cent, or 0.03 per cent, to $33.14. Insurance firm Argus climbed 20 ...

The America’s Cup Bermuda team is to launch a series of information sessions designed to maximise opportunities for local businesses. The ACBDA has set up the Local Business Connect group, representing the island’s business agencies, with the aim of ...