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XL Group is proposing to change the parent holding company’s place of incorporation from Ireland to Bermuda. The company, which has had a presence in Bermuda since 1986, this morning announced that it proposes to change the parent holding company’s ...

Dear Dave, My wife and I are in our early 70s, and we’re retired. We have about $136,000 in corporate bonds and $200,000 in mutual funds. Considering our age, should we move the investments into a CD? KURT Dear Kurt, There’s always a chance you’ll lo...

Green energy firm BE Solar is at the cutting edge of solar power — but the firm is 80-plus years old and a pioneer in the field of clean power. Part of the Bermuda Engineering Company, created in 1935, the founder Gordon Burland pioneered the first w...

Work to upgrade a cabling network that carries internet services to many homes and businesses in Bermuda could soon be on the cards for customers of Logic. And the envisaged upgrade will include more fibre optic cabling. Atlantic Tele-Network, a US t...

Sir John Swan says Bermuda has an urgent economic need to bring in more people from overseas and failure to lower immigration barriers in a carefully planned way will limit opportunities for the next generation. The former Premier was among an audien...

The organisers of a major international conference on insurance-linked securities have appealed for specialist speakers. ILS Convergence 2016, to be held in November, is looking for specialist speakers in a range of topics for the conference’s Bermud...

Credit rating agency Moody’s has welcomed Government’s progress in cutting its deficit. Moody’s said Government had reduced its target for current expenditure cuts from 5 per cent to 3.5 per cent after it was unable to renew its cost-cutting furlough...

A total of 32,517 shares worth $156,289 traded on The Royal Gazette/BSX Index. Polaris Holding Company fell 45 cents, or 10 per cent, to $4.05 after 30,771 shares sold. Insurance company BF&M was down 1 cent, or 0.1 per cent, at $16.90 after 600 shar...

A bid to sell the benefits of captive insurance in Bermuda is to be launched in the US next month. An industry delegation led by the Bermuda Business Development Agency is to visit the south east of America to drum up more business for the sector. Th...

A bid is being made to bring more jobs to Bermuda by boosting the presence of hedge funds. Island professionals are to combine to form a branch of the Alternative Investment Management Association to attract the hedge-fund sector back to Bermuda. Cra...