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A Bill seeking to update definitions and correct fee structures incorrectly stated in the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly. The Bermuda Monetary Authority Amendment (No 2) Act 2022 seeks to amend the act to upd...

The competition for Bermuda’s brightest minds is on. The pandemic has highlighted the need to cultivate the supply of local talent for Bermuda companies. Corporate Bermuda faces an ageing population and global competition for qualified staff. The ch...

Digicel has signed a landmark five-year deal with St Vincent and the Grenadines National Telecommunications Regulatory Commission, providing thousands in the region with high speed internet access. Through the partnership, the country’s government w...

The RG/BSX Index closed unchanged at 2,230.73 with no trading on the Bermuda Stock Exchange for the day. The Bank of N.T. Butterfield & Son Limited rose 90 cents (2.72 per cent) to close at $33.93 on the New York Stock Exchange.

A new report from KPMG said island governments were developing new or refreshed national economic strategies to get their countries on the right track after being hard hit by the pandemic. The report outlined best-in-class examples of how islands are...

Ashly Turner has been appointed to lead US Energy Insurance and Steve Blackwell to lead US Life Sciences Insurance at Hamilton Select Insurance Inc, Hamilton’s newly-launched E&S insurer with a financial strength rating of A- (Excellent) from A.M. Be...

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be recognised in 2022, according to a filing with the B...

Twenty Bermudian students received scholarships worth $605,000 to support their further education at the Association of Bermuda International Companies Education Awards. One of the island’s largest and longest-running post secondary scholarship progr...

The four recipients of Walkers (Bermuda) Limited’s 2022 scholarships and bursary awards are interning with the law firm this summer. The firm announced that Jasmin Brown will receive Walkers' 2022 scholarship in the sum of $20,000. A statement said:...

A US Court ruling that supported a division of Everest Re Group Ltd. has been affirmed by a federal appeals court, Business Insurance has reported. The lower court ruling said the Everest Re unit does not have to defend or indemnify a financial advis...