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BF&M Ltd made a profit of $7.1 million in the first quarter of this year, as the insurer saw income from premiums and investments rise. However, the profit was $1.1 million less than in the first quarter of 2015, as the effects of the company’s asset...

The Royal Gazette/BSX Index closed up 2.4 points, or 0.2 per cent, at 1,181.05. One hundred Bank of Butterfield preference shares traded, moving the share price up $25 to $1,075. And 2,500 shares of insurance firm Argus moved, with the share price up...

Dear Dave, My mom and dad have filed for bankruptcy and are on a fixed income of $2,200 a month. They gave up their house, and my wife and I helped them find an apartment. We’re also trying to give them other help while they’re getting back on their ...

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...