Log In

Bermuda’s foreign portfolio holdings were $546.2 billion last year, an increase of 8 per cent on 2015. The increase was attributed to a growth in the insurance sector’s total assets. The insurance sub sector accounted for 84 per cent of the island’s ...

Widening economic inequality can eventually lead to social collapse — but a mix of policy changes and private-sector initiatives can change that trajectory. That is the view of Chuck Collins, an author who has long worked to tackle the issue of a gro...

Brexit and the possible effects of a change in the US tax code were among topics discussed at the Bermuda Executive Forum held in central London yesterday. More than 200 delegates attended the cross-industry event, including representatives of insura...

Bermuda and Britain have signed a Country by Country Competent Authority Agreement that will enable the automatic reporting of corporate income for UK-related transfer pricing enforcement purposes. Transfer pricing refers to the setting of the price ...

Bermuda’s current account recorded a surplus of $145 million in the second quarter of the year. This was down $9 million year-over-year. The decline mostly reflected a widening of the deficit on merchandise trade due to an increase in the value of im...

CCS Group Limited has added cybersecurity governance consulting to its services. In a statement, the Bermudian-based company said this type of service is typically offered by specialty or accountancy firms., adding: “Although these firms conduct the...

Shares of Devonshire Industries Ltd improved by 25 cents, or 4.5 per cent, to close at $5.75 after 900 traded on The Royal Gazette/BSX Index. A total of 55 shares of BF&M Ltd, and 5,000 shares of Butterfield Bank also changed hands, but with no chang...

Ascot Group has launched a new reinsurance company in Bermuda and hired industry veteran John Berger as chief executive officer. Ascot Reinsurance Company Ltd, which received its Class 3B insurance licence from the Bermuda Monetary Authority earlier ...

Landlords considering the purchase or letting of investment accommodation should, as part of their due diligence process, consider if the property is rent-controlled. Numerous Bermuda properties have been subject to rent control for many years. Curre...

Bermuda is preparing a welcome mat for companies and innovators involved in blockchain and cryptocurrency technologies. With a number of countries around the world jockeying for position in the hope of being among the lead jurisdictions for distribut...