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The City of Hamilton is littered with shuttered buildings and other vacated commercial premises, some that once housed thriving businesses. It is a visual indicator of the island’s economic troubles and a focus as parliamentary budget discussions be...

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $389 million in fiscal year 2021. That includes a $175 million pre-tax ($138 million after-tax) loss on debt extinguishment resulting from the voluntary early redemption ...

Enstar Group Limited, the global insurance group based in Bermuda, has reported consolidated net earnings of $437 million for fiscal year 2021. That compares to consolidated net earnings of $1.7 billion in 2020. The company said key drivers of net ea...

The public nature of wills has recently been hotly contested in the United Kingdom, where the practice of making wills of ordinary folk public, versus sealing royal wills, has been in focus. Following the death of Prince Philip, Duke of Edinburgh las...

Alaina Cubbon has joined Elementum Bermuda in the position of vice-president, portfolio management on the organisation’s investment team. The alternative investment manager specialising in collateralised natural catastrophe event reinsurance investme...

Joyce Hayward, an entrepreneur and former accountant general, believes pandemic-hit small businesses could need the Bermuda Economic Development Corporation’s help for the next five years. “They will definitely need help for the next year,” she said,...

Yes, I’m writing about financial literacy again. No matter where one looks, it has become a global buzzword, laden with concern, generating significant increases now in various initiatives in various countries to develop, publicise and provide access...

Dear Dave, What exactly is an executor, and what part do they play in someone’s will? — Gabe Dear Gabe, Simply put, an executor manages the last will and testament of someone who dies. Acting as an executor is an honour and a huge responsibility. As...

The RG/BSX Index closed at 2,717.42, some 42.75 (1.60 per cent) points higher for Budget Day, as two rose on trading. BF&M Ltd. had 3,500 shares change hands, closing at $18.15, up $4.36 (31.6 per cent), marking a rebound from when the insurer’s stoc...

Nordic American Tankers Limited, the Bermudian-based oil tanker company, has reported a net loss of $21 million in the fourth quarter of 2021. The adjusted EBITDA was $1.9 million. The net loss for the previous quarter was $44.6 million, with an adju...