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The US Federal Reserve raised interest rates again on July 27, in a second abrupt escalation one month apart, an additional 75 basis points, or 0.75 percentage points, was added to several prior actions for a total estimated increase of 2.25 percenta...

Dear Dave, My husband and I are retired. I receive a small pension, and we are both on government health insurance. We have about $25,000 left to pay on our mortgage, along with a second mortgage of $18,000. These are our only debts. We also have a n...

The RG/BSX Index closed up 1.19 (0.05 per cent) for the day at 2,364.05, with two insurance stocks the only movers on the Bermuda Stock Exchange. Argus Group Holdings Ltd. was down a nickel (0.8 per cent) to $6.30 after the trading of 14,000 shares. ...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the operating subsidiaries of Bermudian-based Axis Capital Holdings Limited. The ratings agency also affirmed the long-...

Former boxing champion Sharrieff Wales knows a knockout when he sees one – and the new store he has opened with his wife, Jane, surely qualifies

The Governor’s assent to a Bill that amends the 1969 Bermuda Monetary Authority Act brings in force changes to the authority’s oversight with respect to the conduct of the business of financial institutions. Craig Swan, the authority’s chief executi...

Five new interns joined two returning interns this summer at Liberty Mutual Bermuda. The company said candidates underwent a competitive application and interview process and were hand selected by department managers to bring valuable support to thei...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has reported a net profit in the second quarter of $10 million. That compares with a net profit in the second quarter of 2021 of $800,000. The increase from 2021 to 2022 was mainly due t...

Apex Group Ltd, the global financial services provider based in Bermuda, has extended its existing partnership with Marlin Capital Partners to provide fund administration and accounting services to its latest fund Marlin RSP. Marlin is headquartered ...

The RG/BSX Index finished at 2,362.86, down 1.19 points (0.05 per cent) after two issues traded on the Bermuda Stock Exchange. Argus Group Holdings Ltd. closed at $6.25, down a nickel (0.8 per cent) on the trading of 10,000 shares. The Bank of N.T. B...