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Island insurer BF&M will pick up the tab for the fire that tore through a Front Street store and offices in the early hours of yesterday. But the insurer declined to speculate on the likely cost of the blaze, which virtually destroyed the building, o...

Employment income in Bermuda increased by $9.4 million, or 1 per cent, during the first three months of the year. International business contributed the largest value increase of $3.9 million, reflecting higher salaries and bonuses. The business serv...

The holding company of Caribbean financial services giant Sagicor has completed its move to Bermuda. The firm has discontinued as a Barbados company, where it has been based for 170 years, and redomiciled to Bermuda. David Cooke, of legal firm Conyer...

NEW YORK (Bloomberg) — The head of a family charged with participating in a $20 million pump-and-dump scheme pleaded guilty to running a fraud ring that allegedly involved his three sons and that prosecutors called “just the latest chapter in a lifet...

Shares of Argus Group fell 15 cents, or 3.7 per cent, to $3.90 after 5,900 traded on The Royal Gazette/BSX Index. The stock was on the only mover on a quiet day for the Exchange. Bank of Butterfield saw 66,841 shares change hands, but with no movemen...

Preparations are under way for Latin America’s third biennial Alarys risk-management conference in Bermuda in September. Early-bird registration and hotel rates are being offered through a new website, alarys.bm, launched by lead sponsor Bermuda Busi...

A seminar to discuss Bermuda’s new anti-money laundering requirements, cybersecurity and conducting investment advisory business in the US, will take place on Tuesday. Oyster Consulting (Bermuda) Ltd is hosting its inaugural Regulatory Compliance Sem...

Law firm Appleby was an adviser in a $8.7 billion merger of two freight container leasing corporations. The merging of Triton Container International Limited and TAL International Group Inc, created a Bermudian-based holding company with $8.7 billion...

Qatar Re grew its reinsurance premiums to $654 million in the second quarter to account for 43 per cent of all premium income of its parent Qatar Insurance Company. The Bermudian-based reinsurer achieved a 41 per cent increase in premiums. Meanwhile,...

Bermudian high flyer Connor Burns has attended a summit for entrepreneurs featuring US President Barack Obama. Mr Burns, co-founder of Bermuda Aerial Media and Canada-based Skymatics with business partner E.J. Burrows, was invited to go to the US gov...