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CHICAGO (Bloomberg) — American International Group chief executive officer Peter Hancock said he’s more focused on boosting returns than worrying about the government’s classification of his company as too big to fail. “Of all of the strategic issues...

British Airways is preparing to celebrate 80 years of service to the island next year. No airline has linked Bermuda to the outside world for longer and according to a senior manager at BA the relationship is only getting stronger. Colm Lacey, BA’s h...

While few would dare slight Bermuda’s beautiful beaches or personable populace, some competing jurisdictions have called into question whether Bermuda’s world-leading position as captive domicile of choice will continue. The answer, of course, is an ...

International hacking group Anonymous threatened an attack on Bermuda and other offshore centres, it was revealed yesterday. And Colin van den Bosch, senior vice-president and head of IT at Clarien Bank, told a conference on cybersecurity that Bermud...

Risks to Bermuda’s banking sector have stabilised thanks to a gradually strengthening economy helped by the island’s hosting of the America’s Cup. That is the view of analysts from Standard & Poor’s Rating Services, who believe Bermuda is in the latt...

More than $1.3 million worth of shares traded on The Royal Gazette/BSX Index. The biggest contributor was insurance company Argus, whose price remained at $3.90 after 328,010 shares sold. Bank of Butterfield went up 15 cents, or 8.3 per cent, to $1.9...

IT firm Gateway has teamed up with a California-based firm to fight cybercrime. Gateway has joined forces with FireEye and its subsidiary Mandiant to provide extra protection against hackers. Eric Buckingham, Gateway senior account manager, said: “By...

A move towards a new way of collating information could revolutionise the wholesale insurance industry, professional-services firm PwC said yesterday. Blockchain — a computer file underlying a mutual distributed ledger where blocks of information add...

The historic home of the former Salt Rock Grill in Somerset is up for sale with a price tag of $1.1 million. And Watford Real Estate, which is handling the sale, said interest had already been expressed in the listed building, which has operated as a...

The Bank of Butterfield rose 4 cents, or 2.3 per cent, to $1.80 in Bermuda Stock Exchange trading today. The move came after 11,536 of the bank’s shares changed hands. Insurance company BF&M dropped 4 cents, or 0.2 per cent, to $17.11 after 363 share...