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The Royal Gazette/BSX closed up 8.83 points (0.73 per cent) at 1,218.58. The Bank of Butterfield saw the only trading of the day, with its price up two cents (1.13 per cent) at $1.78 after 5,800 shares changed hands. The BSX Insurance Index closed up...

The Bermuda Monetary Authority’s (BMA) Marcelo Ramella has been appointed as chairman of the International Association of Insurance Supervisors’ (IAIS) Reinsurance Task Force. Dr Ramella is deputy director, policy and research, with the BMA. The BMA ...

If you spend all your time thinking about money, chances are, you’re going to get pretty good at thinking about money. Indeed, new research suggests that the poor — for whom concerns about cash are inescapable — are not as prone to certain financial ...

International charity Oxfam has called for a clampdown on tax havens. A special report by the charity said that there had been an increase in rich individuals and companies using offshore jurisdictions “to avoid paying their fair share to society.” A...

With markets around the world taking a dive on Wednesday, it appeared to be an inauspicious day to be talking up investment opportunities. But at LOM’s lunch meeting to discuss emerging markets, the focus was on developments later this year — and fur...

Professional services company PwC Bermuda is to back a charity in a decade-long deal to boost its work. PwC is to provide the Family Centre, which supports at-risk children and families, with an annual donation, as well as free use of the skills and ...

The BFIS Alumni Committee is to offer the kind of financial help with education that benefited its members on their way to careers in the insurance industry. The BFIS Alumni Scholarship will be first awarded this year to commemorate the 20th annivers...

Ironshore has announced the opening of a branch office in Seattle. The Bermuda-based insurer’s latest office will be led by Daniel Sonon as branch executive. Mr Sonon will be responsible for marketing across all Ironshore business lines, reporting ...

There was no trading on the Bermuda Stock Exchange today.The Royal Gazette Index closed unchanged on 1,209.76.

Spirits giant Bacardi is to launch a bid to connect with millennials. And the firm has appointed a new global millennials manager to nurture young talent and keep the firm’s brands relevant to younger people. Now Nim de Swardt, 30, is aiming to get t...