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Even with bitcoin, when one door closes, another opens in the ever-evolving crypto world! The conception, reception, and rejection of bitcoin and related cryptocurrencies as legal tender in two very different countries: China: In the toughest bl...

Dear Dave, All the talk on the news about inflation is a little scary. Is there any way to protect yourself against it on a day-to-day basis? – Garret Dear Garret, When people start talking about inflation, it seems like there are always some who wa...

The Bermuda captive of Colombia’s leading oil and gas producer has had its Moody’s insurance financial strength (IFS) rating affirmed at Baa3, but its outlook changed from stable to negative. Black Gold Re Limited is the captive reinsurance subsidia...

The RG/BSX Index closed unchanged at 2,556.40 as no domestic stocks were traded on the Bermuda Stock Exchange today. The index was down 1.11 points (0.04 per cent) for the week with three advances and one decline. The Bank of Butterfield closed up 85...

Four lawyers have been promoted in the Bermuda office of the international law firm Appleby. Bermudians Tiffany Boys and Matthew Carr have been promoted to partner. Andrew Kuzma and Josephine Noddings have been promoted to counsel, pending immigratio...

American Overseas Group Limited has reported a consolidated net loss available to common shareholders of $3 million, or $63.75 per diluted share, for the three months ended June 30. The Bermuda-based holding company said that this compares with a con...

Industry veteran Tim Ronda is to join TigerRisk Partners LLC as a senior executive. The risk, capital and strategic adviser to the global insurance and reinsurance industries said that the hire further strengthens TigerRisk’s position as an elite pla...

When Terri Mello started a business selling hand-painted peg dolls this year, she had the perfect name — Star Sprinkles. It was whimsical, imaginative and she had been waiting her whole life to use it. “When I was 3 I really wanted to be called Star...

The US trillion-dollar bipartisan infrastructure plan suffered a setback late last night when the House of Representatives delayed the vote on the crucial piece to US president Joe Biden’s domestic agenda. The fate of the proposals are expected to ha...

Bermuda Class E company Oceanview Reinsurance Ltd announced that Ahwaz Chagani has been appointed vice-president and chief actuary effective from today. Mr Chagani is based in Bermuda and will lead Oceanview Re’s actuarial organisation and aspects o...