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Bermuda appears to be on pace for another strong year of insurance incorporations, nearly half of which are special purpose insurers (SPIs). The Bermuda Monetary Authority yesterday showed nine new registration confirmations for the month of May, fou...

A single mover on The Royal Gazette/Bermuda Stock Exchange pushed up the index yesterday. It closed at 1,405.23, an increase of 4.72. The Bank of NT Butterfield was the mover and saw 11,500 shares trade, the equity closing at 2.00, rising 0.01. The ...

Domestic insurer BF & M has reported a sizeable increase in first quarter earnings and raised its dividend to shareholders. But the company downplayed the earnings jump as derived from one-off revenues, as they outlined how income was increasingly re...

Bermuda has again been singled out and labelled “a tax haven” by US legislators as they last week attached an amendment to US federal funding measures, seeking to block federal contracts to former American companies involved in corporate inversions. ...

The Bermuda Commercial Bank has a new home. The bank completed the acquisition of the city property the LP Gutteridge building on Par-la-Ville Road in Hamilton, according to a half-year earnings statement of its parent company, Somers Limited. The Be...

The Royal Gazette/Bermuda Stock Exchange declined in trading, finishing the week down 2.92 at 1,400.51. Ascendant Group saw activity with 180,850 shares changing hands, closing up 0.25 cat 7.00. BF&M was also active with 4,300 shares moving at 17.91,...

Dear Dave, My current employer offers a regular 401(k) and a Roth 401(k). I’ve got several years before I retire, so which one should I choose? Jennifer Dear Jennifer, Take the Roth! If you put your money into a Roth 401(k), and by retirement age th...

Clarien Bank Limited has named former US Consul General to Bermuda, Gregory Slayton, to its board as an independent director. The bank said in a statement that his appointment is consistent with Clarien’s strategy for achieving international growth a...