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Financial services companies are in line to get a competitive edge after senators approved new legislation yesterday. The Incorporated Segregated Accounts Companies Amendment Act amended 2019 legislation to clarify that an incorporated segregated ac...

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited — collectively ref...

The RG/BSX Index closed up 15.32 (0.60 per cent) at 2,571.71, with two stocks advancing on the Bermuda Stock Exchange. Argus Group Holdings were up eight cents, closing at $6.08 and Bank of Butterfield closed 25 cents higher at $36.75. Butterfield al...

The world’s first fully automated land drilling rig has completed its first well, according to Nabors Industries Ltd, the company with its principal executive office in Hamilton. The global oil and gas drilling contractor said that its PACE-R801 rig ...

Helen of Troy, the global consumer products company with principal executive offices in Hamilton, is raising its fiscal-year outlook based on better-than-expected second-quarter results and positive trends in the beauty and housewares businesses, tog...

Bermuda’s inflation rate may be four times higher than the Government’s official Consumer Price Index, according to a Bermuda investment firm. Anchor Investment Management also warned its investors that it expects inflation to stay at 5 per cent or ...

Ben Rego, sales and rental associate at Rego Sotheby’s International Realty, has been promoted to sales agent manager, entering the management side of Bermuda’s oldest full-service real estate company. He will oversee residential sales agent recruit...

Bermuda is leading the way in the formation of new digital assets with the most progressive legislative framework for initial coin offering and digital assets, a leading tech lawyer has said. Law partner Jerome Wilson, the head of technology and inno...

Several events that occur during many of our lives should be considered reminders for us to review our estate planning documents. Three such events are marriage, births and the transfer of assets during one’s lifetime, among others. Newlyweds rarely ...

HSCM Ventures is the lead investor in a $4.5-million seed round by Insurate, the data science-based underwriter. Insurate said that it provides fair and transparent workers' compensation solutions to high-hazard small/mid-market companies. HSCM Ventu...