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Polaris subsidiary, East End Asphalt plant is open for business. The Duck’s Puddle-based company which manufactures asphalt for the island has been restarted, and work on paving projects across the island has resumed. The industrial sector has return...

Bermuda International Long Term Insurers and Reinsurers has announced that law firm Kennedys has joined the association. Kennedys becomes the 62nd company to join Biltir, which represents the island’s insurance, reinsurance and servicing companies wh...

Evan Higgins is the recipient of the 2020 Deloitte Scholarship, the firm announced today. The scholarship award offers up to $20,000 per year for a maximum of three years and is available to Bermudians pursuing an undergraduate degree with an interes...

Digital transformation is set to accelerate as businesses embrace new ways of working and focus on building skills for a digital future as a result of the Covid-19 crisis. While revenue decline is the reality for many companies, a majority of financ...

Colonial Medical Insurance will defer client health plan renewals to October 1 in light of the ‘unprecedented’ challenges to businesses caused by the Covid-19 pandemic. There will be no increases to Colonial health insurance premiums during the defer...

Shares of Butterfield Bank trading on the New York Stock Exchange were down two cents, or 0.09 per cent, at $22.22. Meanwhile, the Royal Gazette/BSX Index was unchanged at 1,728.97 after a day without trades. The BSX Insurance Index was up 27.27, or ...

Curtis Dickinson, the finance minister, has named the 11 members of the Economic Advisory Committee charged with “delivering bold ideas to shape Bermuda’s future”. International business has strong representation, including four insurance company ex...

Law firm Walkers acted as offshore counsel to Norwegian Cruise Line Holdings Ltd on three separate significant financing transactions, equating to $2 billion, this month. It acted as joint Bermuda, British Virgin Islands and Cayman Islands counsel to...

The owners of Washington Mall are planning to carry out a deep clean of the premises using disinfectant known to kill the novel coronavirus and will introduce strict measures to protect people when it reopens. Some retailers who rent space in the mal...

A partnership has been formed between Apex Group Ltd, a global financial services provider that was established in Bermuda in 2003, and fintech company BITE Investments, which provides high net worth investors access to alternative investments. The p...