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Investment managers that register their funds in Bermuda will find a flexible fund regime. The Investment Funds Act governs funds in Bermuda. A fund is an arrangement which enables investors in the fund to participate and receive profits or income fr...

The RG/BSX Index fell 147.27 (5.64 per cent) to close at 2,462.14, as a result of a slide by Bank of N.T. Butterfield Ltd. on the Bermuda Stock Exchange. Two stock traded, including Argus Group Holdings Ltd., which closed at $6.40, up a penny (0.2 pe...

Market veteran John Duda is to join the Bermuda office of Miller, the independent specialist insurance and reinsurance broker, in June as head of ILS development and capital management products. Mr Duda, who will focus on developing business in the B...

Alison Crocket, the Acting Governor, and Tinée Furbert, the Social Development and Seniors Minister, were today at Exchange House on Pitts Bay Road, the new home of the Bermuda Stock Exchange (BSX), for the eighth annual “Ring the Bell for Gender Equ...

A new report has determined that the pandemic has not just halted improvements in employment for women but set it back by two years. The report also states: “Women from Ethnic Minority groups are still more than a decade behind White women in terms o...

The Bermuda Economic Development Corporation, Beyond Plastic and Butterfield have joined forces to host a four-part webinar series to help small and medium-sized businesses to start planning for the transition away from single-use plastics. The free,...

A delegation from Bermuda led by David Burt, the Premier, is to travel to the annual RIMS conference next month in San Francisco. The Bermuda Business Development Agency is central to activities of the government delegation and a large number of dele...

Argo Group International Holdings Ltd chairman Thomas Bradley has become acting CEO of the company in place of Kevin Rehnberg, who has taken a temporary medical leave of absence. Mr Bradley sent an e-mail to the employees of Argo Group yesterday to e...

Diamond Standard has received regulatory approval from the Bermuda Monetary Authority to launch the $75 million initial offering of the Diamond Standard Bar. Offered at $67,200, the price changes weekly with the market value of the diamond commoditie...

A fraudulent e-mail targeting people in Bermuda’s financial services industries has been reported to local law enforcement after giving the impression that it is coming from the Bermuda Monetary Authority. The authority said it was made aware of it t...