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Walter Roban is to deliver a keynote address at next month’s Island Finance Forum. Mr Roban, Bermuda’s deputy premier and home affairs minister, will do so in a forum session on exploring insurance and capital risk. The session will take place on Apr...

Bermudian-based Mosaic Insurance has expanded its international transactional liability team in the United Kingdom, offering what it says is certainty amid an increasingly volatile cross-border deal environment. The company has added four employees t...

Billionaire and former Prime Minister of the Caucusus nation of Georgia, Bidzina Ivanishvili, won a half billion-dollar lawsuit in Bermuda’s Supreme Court today in a legal battle that pitted him against Swiss banking giant subsidiary Credit Suisse Li...

Financial services veteran Jenny Chu’s appointment to the board of directors of Bermudian-based Nordic American Tankers Limited, comes at the same time Dallas-based Doug Penick will be leaving to focus his attention on other business, the company sai...

The RG/BSX Index remained unchanged for the day at 2,565.74, with no activity for domestic companies on the Bermuda Stock Exchange. Meanwhile, the Bank of N.T. Butterfield & Son Limited finished up today 22 cents (0.59 per cent) on the New York Stock...

December 2021 was a less than merry month, according to the latest retail sales report from the Department of Statistics. The December 2021 Retail Sales Index report showed that the volume of retail sales fell 8.8 per cent compared with the same mont...

The Cayman Islands may keep an eye on Bermuda as they review a $6-an-hour minimum wage implemented in March 2016. The Cayman Compass is reporting broad support for a review of the six-year-old benchmark. Chris Saunders, the Deputy Premier concede...

KPMG in Bermuda has sold its restructuring practice to Teneo, the New York-headquartered global CEO advisory firm. As part of the transaction, Mike Morrison and Charles Thresh will be leaving the firm to join Teneo, along with the restructuring team,...

BF&M Limited is reporting net income of $25.2 million for the 2021 financial year to December 31, an improvement on 2020 earnings of $20.5 million. The company said the results equated to an annualised return on equity of 8.3 per cent compared with 7...

Bermudian-based Oil Insurance Limited has reported a net profit of $667.5 million for 2021, which included a $266 million underwriting profit. That compares with a net profit of $466.5 million in 2020. The Oil board has approved the payment of a $350...