Business

Karen Green and David Priebe have joined Hamilton Insurance board of directors, while longstanding director Bill Freda has retired.
Mr Freda had served on the Hamilton board since June 2014, and was c…

The Hamilton Princess & Beach Club has teamed up with SteamLine Luggage, a luxury travel brand, and Riley Sheehey, an American artist, to launch a limited-edition travel collection inspired by Ber…

Registration is open for the 14th annual Mosaic You Go Girl Relay, happening on June 1 with a Wicked twist.
The hit movie and musical is this year’s special theme for the Women’s Resource Centre fundr…

Everest Group, the Bermudian-based global reinsurance and insurance firm, has added Darryl Page, a veteran insurance executive, to its board of directors as an independent, non-executive member.
Mr Pa…

The RG/BSX Index fell 13.99 points, or 0.50 per cent, to 2,812.85, based on the trading of 359 shares of Butterfield Bank.
The company fell 25 cents (0.6 per cent) to close at $42.25.
On the New York …

Apex Group, a global financial services provider founded in Bermuda, has acquired a majority stake in Tokeny, a Luxembourg-based tokenisation platform, as part of its strategy to lead the institution…

Brookfield House marked a major milestone today with a topping-out ceremony at its Front Street construction site, as the final steel beam was hoisted into place. The beam was decorated with the flags…

To strengthen partnerships and relationships, BermudAir has hired business development directors, Nicole Conrad and Ryan Lettow.
“This is a meaningful investment in the future of our indirect distribu…

Legislators have approved the creation of a Director of Labour, with support from the Opposition.
The House of Assembly passed the Department of Labour Act 2025 last night, with Jason Hayward, the Min…

Architect Germano Botelho thinks more staff dormitories for foreign workers could free up housing for the rest of the island and help to alleviate the housing crisis.
At the inaugural Infrastructure …

The data tells a challenging story: 375 Bermudian families are on housing waiting lists.
As Marico Thomas, the president of the Bermuda Chamber of Commerce, bluntly stated: “We are building seven uni…

Bermuda’s banking sector reported a net profit of $48.2 million in the first quarter of the year, reflecting a 65.3 per cent decrease compared to the previous quarter, according to the latest quarterl…

US directors and officers liability insurers posted their best loss results in over a decade in 2024, thanks in part to reserve releases from earlier hard-market years, according to a new AM Best rep…

The Bermuda Monetary Authority issued a public warning about false and misleading posts circulating on social media platforms, including WhatsApp, that are fraudulently using the authority’s name.
Acc…

Conduit Holdings Ltd, the ultimate parent company of Conduit Re, the multi-line Bermudian-based reinsurance business, has provided further details of the share buyback programme of up to $50 million, …

On October 31, 2024, Bermuda’s highest appellate court, the Judicial Committee of the Privy Council handed down a ruling that sent shock waves through Bermuda’s criminal justice system. Julian Washing…

A St George eatery has completed a $600,000 kitchen revamp, just in time for the tourism season.
Wharf Restaurant co-owner Milos Damjanovic said there was extensive work done to the front of the house…

When it comes to revitalising derelict buildings, the Government has to lead the way, the assistant director of planning has said.
Speaking at the inaugural Bermuda Infrastructure and Development Sum…

Watlington Waterworks Ltd posted net income of $3.471 million for 2024, citing a dry start to the year and solid gains across its utility and bottled water divisions. The company reported earnings per…

Sustainable energy solutions provider, Greenlight Energy, together with clients and other donors, have donated and installed a complete solar panel system at the Hamilton property of Home, the registe…

Bermuda’s life and annuity sector has continued to expand. Thirteen new commercial life and annuity companies set up shop on the island last year, according to a bulletin from Conyers.
Much of this g…

David Burt, the Premier, highlighted Bermuda’s growing influence in the digital finance world during a featured fireside chat at Consensus 2025, one of the industry’s largest global conferences.
Spea…

Bermuda-acclaimed Mike McGavick takes on a new role as chairman and strategic adviser of a new kind of company.
The former CEO of XL Group (now Axa XL) and former chairman, president, and CEO of Safec…

At some point in everyone’s life, they go down the vitamin route – whether because they have a restrictive diet and need additional supplements, have been instructed by their doctor, or, as in my case…

Dear Dave,
I have a question about how to budget for home repairs budgeting.
How much money do you recommend budgeting or setting aside for maintenance and repairs to your home, especially if it’s an …

The RG/BSX Index rose 13.99 points, or 0.50 per cent, to 2,826.84, based on the trading of 2,000 shares of Butterfield Bank.
The company rose 25 cents (0.6 per cent) to close at $42.50.
On the New Yor…

International General Insurance Holdings Ltd has announced a 100 per cent increase in its quarterly dividend, raising the payout from $0.025 to $0.05 per ordinary common share.
The company said its bo…

A pensioner is questioning the fairness of a new Government Employee Health Insurance requirement that all medications over $500 be vetted so that GEHI can pick the pharmacy offering the lowest price….

Catastrophe and large losses for Fidelis Insurance Group, were $333.3 million in the 2025 first quarter, up $230.3 million, compared to the same quarter last year, driven by the California wildfires. …

A deal that would have given a Jamaican firm a more than 30 per cent stake in Bermuda’s Clarien Group, has fallen through.
National Commercial Bank Financial Group, headquartered in Kingston, said the…

Bermuda’s economy continues to show resilience and steady performance, according to a new report from S&P Global Ratings, which this week affirmed the island’s long-term sovereign credit rating at…

The RG/BSX Index rose 41.97 points, or 1.51 per cent, to 2,812.85 today, based in part on the trading of 3,669 shares of Butterfield Bank.
The company rose 75 cents (1.8 per cent) to close at $42.50.
…

BF&M shareholders have agreed with the company’s proposal to change the firm’s name to Allshores.
The name change will take effect once the required registration formalities are complete, at which…

The Bermuda Economic Development Corporation is seeking licensed commercial kitchen owners interested in renting their kitchen space during off-hours, as part of their Underutilised Commercial Kitchen…

ZipX is inviting the public to shop local and celebrate Bermuda’s small business community at its first-ever ZipXpo Business Expo & Vendors Market this Saturday, May 17.
The free, family-friendly…

Conduit Holdings has officially named Neil Eckert as its new chief executive, following his interim leadership of the Bermudian-based reinsurer since March.
Mr Eckert, a cofounder of Conduit Re, stepp…

Court Steet liquors has just reopened this week, after a several-month closure.
When Art Simons and his business partner, Antoine Lee, took over the historic liquor store at 29 Court Street, it wasn’t…

The Bermuda-domiciled international legacy group, Compre, has completed the insurance business transfer of a portfolio of European casualty and motor liabilities from Belgium’s third largest insurance…

The Reefs Resort & Club has fully launched Solaris, replacing the former Aqua Terra restaurant at the hotel on South Road in Southampton.
The new restaurant features a cliff-side view of the south…

With climate change fuelling bigger and more costly natural disasters, interest in alternative insurance solutions is rising in Bermuda.
Parametric insurance provides rapid payout for policyholders b…

Bermuda Economic Development Corporation, in collaboration with the Urban Development Authority, will host the first Bermuda Infrastructure and Development Summit on Thursday.
Under the theme “Breakin…

Appleby has appointed Anna Markiewicz as counsel and Robert Nash as senior associate in the firm’s dispute resolution practice in Bermuda.
Ms Markiewicz brings nearly two decades of experience in cap…

Key issues for the Bermuda Monetary Authority this year will be cybersecurity, sustainability and the adoption of new regulatory technologies, the assistant director of the Bermuda Monetary Authority …

The RG/BSX Index rose 76.56 points, or 2.84 per cent, to 2,770.87 today, based in part on the trading of 1,200 shares of Butterfield Bank.
The company rose $1.25 (3.1 per cent) to close at $41.50.
I…

Seadrill Limited reported a first quarter 2025 net loss of $14 million and adjusted earnings before interest, taxes, depreciation, and amortisation of $73 million.
The offshore drilling contractor is …

Bermudian dental technician Anderica Gilbert becomes emotional discussing her early difficulties balancing entrepreneurship with motherhood.
Ms Gilbert had to take a step back from her business, Berm…

Joseph Ziolkowski, the founder and chief executive of Relm Insurance, sees a new business opportunity in outer space.
In the shadow of a highly successful Bermuda Digital Finance Forum, Mr Ziolkowski…

Three Bermudians will take part in a Canadian and Caribbean leadership initiative designed to provide different leadership perspectives.
Cara Lambe, of the Bermuda Monetary Authority, Jaret Simmons, o…

Global crypto platform, Anchorage Digital, has signed a definitive agreement to acquire Mountain Protocol, the Bermuda Monetary Authority-regulated company behind the USDM stablecoin.
The acquisition,…

Bermudian-based trading platform 24X Bermuda Ltd, known as 24 Exchange, has launched a new offering in its suite of foreign exchange products: FX Non-Deliverable Swaps. The product is now live and ava…