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The Royal Gazette/BSX yesterday closed unchanged at 1,304.66 after a day of no trades. The BSX Insurance Index ended the day up 39 points (2.40 per cent) at 1,661.99.

Argus Group and Watlington Waterworks saw their shares end the final week of 2015 higher. For Argus the weekly gain was nine cents (2.3 per cent), with shares closing at $4.04 after 2,000 were traded on The Royal Gazette/BSX Index. Shares of Watling...

Climate change could put Bermuda at risk of greater economic damage and dent its sovereign credit rating more than many countries and islands. That is the finding of a speculative report by Standard & Poor’s Ratings Services. Using direct damage data...

Insurance and reinsurance broker Willis Group Holdings has completed the acquisition of Gras Savoye, the French insurance broker. In April last year Willis, which is based in London and has offices in Bermuda, announced a $590 million offer to acquir...

About 50 students and insurance industry professionals attended a special networking lunch held by the Bermuda Foundation for Insurance Studies (BFIS). Undergraduates, recent graduates and high school students got the chance to meet actuaries, accoun...

The Bermuda Stock Exchange saw 200 shares change hands on its first day of trading for 2016. A total of 200 shares in insurance firm BF&M changed hands, leaving its price unchanged at $16.85. The Royal Gazette/BSX Index also closed unchanged at 1,304...

Dear Dave, I work in IT, and I recently learnt that I’ll be losing my $88,000 a year job at the end of February. We’re debt-free, except for our home, and we have a full emergency fund in place. The problem is we just cash-flowed one daughter’s weddi...

As the year draws to a close, commentator Nathan Kowalski gives his assessment on the state of the economy in Bermuda. The first two quarters of reported GDP in 2015 were comforting with real GDP growing 1.8 per cent. We expect, based on recent data...

A new cross-party group of British MPs and peers is to examine Britain’s tax system — and will consider the abolition of corporation tax. The group, which will start its deliberations in the new year, will quiz government ministers and business leade...

Bermuda has come under the spotlight in a front-page article in the prestigious New York Times highlighting the use of the Island by US hedge fund managers who have pumped millions into presidential campaigns. The article said that hedge fund magnate...