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Insurance industry veteran Denise Nichols has joined Bermudian-based Fortitude Re as chief human resources officer. Ms Nichols has more than 30 years of insurance industry experience, having most recently served as the chief human resources officer f...

For the third time in six months, Clarien will be adjusting its Bermuda dollar base lending rate reflecting changes to the federal funds rate. Effective December 1, the bank’s base lending rate will increase by 50 basis points (0.50 per cent), and th...

The Bank of N.T. Butterfield & Son Limited’s net income rose 44 per cent to $57.4 million for the third quarter of the year as it benefited from interest rate rises. That compares to net income of $49.1 million for the previous quarter and $39.8 mill...

Bermuda is the best place for multinationals to operate based on cost and speed of operation, a new report reveals. The island ranked ahead of second-placed Luxembourg and third-ranked Germany based on data compiled by entity portfolio management org...

Companies are turning to new and emerging technologies in order to protect market share, a new report by professional services firm KPMG International reveals. But more than 40 per cent of survey respondents said a lack of capable talent is the bigge...

Gross written premium and programme fee income have risen sharply year-over-year, Bermudian-headquartered R&Q Insurance Holdings Ltd reported as it announced a performance update for its programme management business for the nine months ending Septem...

Admission is free, but RSVP is required for entrepreneurs and business professionals at Tuesday night’s Global Entrepreneurship Week Partner launch event: An Evening with Pamela Thomas-Graham. A partnership involving Butterfield and the Bermuda Tour...

The Financial Action Task Force has retained Barbados, Cayman Islands and Jamaica on the Grey List, citing strategic deficiencies in their countering of money laundering, terrorist financing and proliferation financing. The decision came from the rep...

The RG/BSX Index closed unchanged at 2,436.96 in the absence of trading on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited closed up 19 cents at $34.54 on the New York Stock Exchange.

Bermuda’s pioneering place at the intersection of insurance and digital assets has been likened to the legendary coffee house where Lloyd’s of London was founded in the late 17th century. Dan Roberts is the CEO of Bermudian-based Nayms, the world’s f...