Expensive visitors and host fatigue
I think I can speak for most: it is always lovely having family come for a visit to the island, whether it be a few days, a week, or even a few weeks. Spending time with family that you don’t see all…
Business
Disagreeing on finances after a week of marriage
Dear Dave,
I just got married a week ago, and my husband and I are already having problems. While we were single, we practised doing budgets together, and we agreed to follow your plan and get out of…
I just got married a week ago, and my husband and I are already having problems. While we were single, we practised doing budgets together, and we agreed to follow your plan and get out of…
Bermuda Stock Exchange Report: May 15 2026
May 15 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock …
Butterfield shares fall 0.5% in New York
The Royal Gazette/BSX Index was unchanged on 3,450.87 after a day of no trading on the Bermuda Stock Exchange today.
For the week, the index was down 7.74 points, or 0.21 per cent. Allshores, which fe…
For the week, the index was down 7.74 points, or 0.21 per cent. Allshores, which fe…
Watch: Residents take to digital finance
Bermudians took to digital finance last night after an airdrop to their new digital wallets — money that they were able to use with local vendors invited to Pier 6 for the special occasion of a Digita…
RenaissanceRe Announces Executive Changes
RenaissanceRe Holdings Ltd. announced the planned retirements of Chief Financial Officer Robert “Bob” Qutub and Chief Portfolio Officer Ross Curtis at the end of 2026, with Matthew Neuber set to succeed Mr. Qutub as CFO effective January 1, 2027. A spokesperson said, “RenaissanceRe Holdings Ltd. announced that Robert “Bob” Qutub, Chief Financial Officer, and Ross …
Brookfield deepens Bermuda footprint as insurance platform nears $200bn
Brookfield is moving to combine its parent company with its wealth solutions business as the global investment giant deepens its Bermuda footprint and pushes ahead with plans to build what it describe…
Watch: Bermuda seen playing key role in future of digital finance
On an institutional level, blockchain and digital finance is driving a complete disruption of financial infrastructure around the world, the Bermuda Digital Finance Forum was told.
John Darsie, the ch…
John Darsie, the ch…
How investing could get easier with digital assets
Leaders in the asset management digital asset sectors are working together to make investing cheaper, easier and more efficient.
On a tokenisation panel at the Bermuda Digital Finance Forum, speakers …
On a tokenisation panel at the Bermuda Digital Finance Forum, speakers …
Watch: ‘It’s about getting Bermudians involved’, says Penrose partner
Some 80 leaders in digital finance have been exiting the island after a week of business meetings, forum discussions and networking events for the emerging industries.
The Bermuda Digital Finance Foru…
The Bermuda Digital Finance Foru…
BCB executive: stablecoin is a ‘killer app’
Bermuda Commercial Bank’s chief compliance officer has called stablecoin a “killer app” for cross border transactions.
Speaking at the Salt Bermuda Digital Finance Forum, Hugo Rogers said BCB’s entire…
Speaking at the Salt Bermuda Digital Finance Forum, Hugo Rogers said BCB’s entire…
Everest Group Declares $2.00 Dividend
Everest Group has declared a dividend of $2.00 per common share, payable by June 26, to shareholders of record as of June 12. A spokesperson said, “Everest Group, Ltd. announced that its Board of Directors declared a dividend of $2.00 per common share. This dividend will be payable on or before June 26, 2026 to …
Bermuda Stock Exchange Report: May 14 2026
May 14 saw 2,195 shares trade on the Bermuda Stock Exchange, valued at $52,257.00 BD. 2,195 shares were traded by Allshores Limited, closing down 3.2% at $24.00 per share. The BSX finished at 3,540.87, down 0.22% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day …
Rize launches Bermuda AI guide
Rize Technologies has launched a new artificial intelligence platform designed to answer Bermuda-specific questions for visitors and residents, as local companies continue to explore practical uses fo…
RenRe announces leadership changes
Bermudian-based reinsurer RenaissanceRe announced that Robert Qutub, chief financial officer, and Ross Curtis, chief portfolio officer, intend to retire at the end of this year.
Matthew Neuber, Renais…
Matthew Neuber, Renais…
MS Reinsurance rating lifted
Bermuda’s role as a strategic reinsurance hub for major global insurers received another boost after AM Best upgraded the issuer credit rating of MS Amlin AG, now operating as MS Reinsurance, citing i…
Butterfield shares up 0.71% in New York
The RG/BSX Index fell 7.74 points, or 0.22 per cent, to close at 3,540.87.
Allshores traded 2,195 shares on the Bermuda Stock Exchange with the price falling 79 cents (3.2 per cent) to close at $24, w…
Allshores traded 2,195 shares on the Bermuda Stock Exchange with the price falling 79 cents (3.2 per cent) to close at $24, w…
IGI Holdings raises dividend by 50%
International General Insurance Holdings’ board of directors has voted to increase the company’s quarterly ordinary common share dividend to $0.075 per share, representing a 50 per cent increase from …
BMA and partners advance new digital asset supervision model
Bermuda is positioned to develop and pioneer a global supervisory model for digital assets, where regulatory requirements are natively enforced at the infrastructure level in real time.
And officials …
And officials …
Rize Technologies Launches Compass AI
Rize Technologies has announced the soft launch of Compass AI, a “free artificial intelligence guide built specifically for Bermuda.” A spokesperson said, “Available now at compass.rize.bm and via WhatsApp at +1 441 901 9010, Compass provides instant, locally verified answers about the island — from bus and ferry schedules to restaurant hours, beach information, events, …
Start time put back for digital finance workshop and market
Today’s Digital Finance Forum Community Day workshop has been put back two-and-a-half hours because of bad weather.
The event at Pier 6 will now take place from 5.30pm until 7.30pm, instead of 3pm to …
The event at Pier 6 will now take place from 5.30pm until 7.30pm, instead of 3pm to …
Stellar Announce Bermuda Onchain Initiative
The Stellar Development Foundation announced that “Bermuda will begin moving key payment and financial-services activity onchain onto the Stellar network.” A spokesperson said, “The announcement is the first operational milestone since Bermuda announced at the World Economic Forum in January 2026 that the Island plans to become the world’s first fully onchain national economy. “The …
Bitcoin Suisse Group Gets Digital Asset Licence
The Bitcoin Suisse Group today announced that its affiliate Bitcoin Suisse [International] Ltd. has obtained a Class F digital asset business license under Bermuda’s Digital Asset Business Act and Class B registration under the Investment Business Act 2003 from the Bermuda Monetary Authority [BMA]. A spokesperson said, “The approval has been granted on a pre …
Digital Finance Forum Highlights Industry Growth
[Written by Patrice Horner] The first day of the Digital Finance Forum [DFF] in Bermuda revealed a host of successes, including Bitcoin Suisse receiving its Asset Management License from the BMA. Franklin Templeton partnered with Kraken crypto currency exchange to use the BENJI token for select investment funds. CIRCLE announced it is launching its multicurrency …
Government partners with US firm to deploy AI
The Bermuda Government and Near AI, an artificial intelligence research, engineering and product development firm, have partnered to deploy secure AI across Bermuda’s public sector services.
David Bur…
David Bur…
Watch: Stellar all-in for Bermuda’s onchain economy
Bermuda was put on the path to digital finance when David Burt was told in 2017 that blockchain would destroy industries, including insurance and accountancy. He had just become the Premier.
Recountin…
Recountin…
Tech entrepreneur spells out vision of future of finance
Charles Hoskinson sees a future in which our phones effectively become our banks, enabling us to transfer digital money seamlessly and instantly around the world, without fees or bureaucratic friction…
Watch: Kraken parent in pact to spur tokenisation drive
One of the clearest demonstrations of the convergence of traditional finance and digital asset markets is the just-announced collaboration between Payward, the parent company of global crypto platform…
Applebaum: digital assets reshaping capital markets
Global finance is approaching a once-in-a-lifetime inflection point as digital assets, regulation and infrastructure converge to reshape capital markets.
That was the word from Spencer Applebaum, cryp…
That was the word from Spencer Applebaum, cryp…
Bank price down 0.55%
The RG/BSX Index remained at 3,548.61 in the absence of trading on the Bermuda Stock Exchange.
Butterfield Bank dropped 30 cents, or 0.55 per cent, on the New York Stock Exchange to close at $54.55 w…
Butterfield Bank dropped 30 cents, or 0.55 per cent, on the New York Stock Exchange to close at $54.55 w…
Walkers Supports Verdant Rock Licensing
Walkers’ Bermuda team advised Verdant Rock Limited on the successful completion of its registration as a Class 3B insurer by the Bermuda Monetary Authority (BMA) under the Insurance Act 1978, as amended. A spokesperson said, “Verdant Rock is a Bermuda-based financial guarantee platform focused on emerging markets. The Class 3B licence positions the Company to …
Bermuda Stock Exchange Report: May 13 2026
May 13 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,548.61, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: May 12 2026 Bermuda Stock Exchange Report: May 11 …
Pelagos Announces 2026 Q1 Results
Pelagos Insurance Capital reported its first quarter 2026 financial results after market close today, highlighting growth in gross premiums written, improved underwriting performance, strong shareholder returns. A spokesperson said, “After market close today Pelagos Insurance Capital [NYSE: PLGO], formally Fidelis Insurance Group [NYSE: FIHL], reported their 2026 First Quarter Results. “First Quarter 2026 Highlights include: …
Pelagos swings to profit on lower catastrophe losses
Pelagos Insurance Capital, formerly Fidelis Insurance Group, made a strong start to 2026, reporting improved profitability in the first quarter, helped by lower catastrophe losses.
Net income totalle…
Net income totalle…
Martello Re scholarships launched
Bermuda College Foundation and Martello Re Ltd have partnered to launch two scholarships aimed at students pursuing careers in actuarial science and technology.
The Martello Re Bermuda Scholarships wi…
The Martello Re Bermuda Scholarships wi…
Waterfront expands e-commerce push
Waterfront Group and digital consultancy Socialprise have launched four electronic commerce platforms, with a fifth site expected soon, as part of a broader effort to expand online ordering and custom…
Bermuda College to host Pipa workshop
A half-day workshop to help organisations manage personal information access requests under Bermuda’s privacy laws will be held at Bermuda College on June 9.
It is aimed at corporate directors, senior…
It is aimed at corporate directors, senior…
Bermuda Stock Exchange Report: May 12 2026
May 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,548.61, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: May 11 2026 Bermuda Stock Exchange Report: May 8 …
Butterfield shares slip 0.6% in New York
The Royal Gazette/BSX Index remained unchanged on 3,548.61 in the absence of trading on the Bermuda Stock Exchange today.
The US-listed shares of Butterfield Bank fell 33 cents, or 0.59 per cent, to c…
The US-listed shares of Butterfield Bank fell 33 cents, or 0.59 per cent, to c…
Lumina to stage second financial literacy summit
The Lumina Festival’s Financial Literacy Summit will be held for a second year at the National Museum of Bermuda
The event, founded by Lumina’s chief executive officer Zach Wilson, will take place on…
The event, founded by Lumina’s chief executive officer Zach Wilson, will take place on…
Contrarius builds 8.9% stake in QVC Group
The QVC Group has made an ownership declaration stating that Contrarius Investment Management and Contrarius Investment Management (Bermuda) have beneficial ownership of 702,768 shares of Series A Com…
BMA licenses Bitcoin Suisse unit
Bitcoin Suisse affiliate Bitcoin Suisse (International) Ltd has obtained a Class F digital asset business licence under Bermuda’s Digital Asset Business Act and Class B registration under the Investme…
Kennedys Bermuda promotes Vinesh Mistry
Law firm Kennedys Bermuda has made Vinesh Mistry a senior associate.
Prior to joining Kennedys, Mr Mistry practised as a barrister in London and at several international law firms, in pre- and post-qu…
Prior to joining Kennedys, Mr Mistry practised as a barrister in London and at several international law firms, in pre- and post-qu…
Skydive Bermuda Completes First Test Jumps
Bermuda’s tourism is set to reach new heights with the upcoming launch of Skydive Bermuda, which recently completed its first test jumps over Dockyard ahead of a planned 2027 debut. A spokesperson said, “The sky is the limit for Bermuda’s tourism, if a new skydiving endeavour has their way. Bermuda’s first ever skydiving venture, Skydive Bermuda, …
Students Compete In KPMG Investment Challenge
KPMG in Bermuda recently held their Senior School Investment Challenge, with Warwick Academy winning, the Berkeley Institute placing second, while Somersfield Academy earned third place. The participating students secured cash prizes for their schools to support educational initiatives, including $10,000 for first place, $6,000 for second and $4,000 for third. A spokesperson said, “KPMG in Bermuda hosted a …
Terceira’s service stations switch to Esso
Two popular service stations have just switched their fuel suppliers to Sol Petroleum Bermuda Ltd.
Terceira’s North Shore and Terceira’s Warwick Gas service stations will now be pumping Esso Synergy f…
Terceira’s North Shore and Terceira’s Warwick Gas service stations will now be pumping Esso Synergy f…
Azia Parris raising spirits with The Sipping Lab
When Azia Parris joined the Bermuda Economic Development Corporation’s vendor academy she was unsure if she would make it through the full course.
She was expecting her third child around the time tha…
She was expecting her third child around the time tha…
Warwick Academy team wins KPMG investment challenge
Warwick Academy was declared the winner of KPMG’s annual Bermuda Senior School Investment Challenge for the second year in a row, at a special awards ceremony at City Hall.
The school’s Madoff with t…
The school’s Madoff with t…
Bermuda Stock Exchange Report: May 11 2026
May 11 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,548.61, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: May 8 2026 Bermuda Stock Exchange Report: May 7 …
Moody’s Upgrades Bermuda’s Rating To A1
The Government of Bermuda said they “welcome the latest ratings action from Moody’s Ratings, which has upgraded Bermuda’s domestic and foreign currency long-term issuer ratings and foreign currency senior unsecured bond ratings to A1, while maintaining a stable outlook. A Government spokesperson said, “In its report, Moody’s said the upgrade to A1 reflects the “improvement …