http://www.royalgazette.com%2Fapps%2Fpbcs.dll%2Fsection%3FCategory%3Dbusiness"> Business en-us http://www.royalgazette.com/article/20130523/BUSINESS06/705239944&source=RSS Bank of Butterfield shares dropped 6. 66 percent 0. 10 in trading on the Bermuda Stock Exchange yesterday. 20,473 shares traded to close at 1. 40 a piece. Shares of Argus Group also traded, but ended the day unchanged. Overall, the BSX closed down 47. 21 points 3. 93 percent at 1,154. 86. Wed, 22 May 2013 22:24:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS06/705239944&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS02/705239950&source=RSS Bermuda-based ILS Capital Management, Ltd, an investment management company that specialises in investing in collateralised reinsurance and insurance-linked securities ILS, has announced it is expanding and adding a specialty reinsurance team. Wed, 22 May 2013 22:21:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS02/705239950&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS02/705239953&source=RSS MetLife, the largest life insurer in the US, is to repatriate a Bermuda offshore reinsurance unit. The move to bring Exeter Reassurance back to America would make its business more transparent and it pleases US regulators. MetLife said it plans to merge Exeter Reassurance, with other state-regulated units. Wed, 22 May 2013 22:20:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS02/705239953&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS03/705239955&source=RSS Rosedon Hotel has been honoured as a Top Performing Hotel by travellers posting reviews on TripAdvisor. The 39-room boutique hotel, steps from the city centre, earned a 2013 TripAdvisor Certificate of Excellence. Wed, 22 May 2013 22:20:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS03/705239955&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS02/705239957&source=RSS Premier Craig Cannonier yesterday responded to British warnings to its overseas territories on tax avoidance and tax transparency. Wed, 22 May 2013 22:19:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS02/705239957&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS03/705239959&source=RSS Victoria Grill and Rumbar has earned a TripAdvisor award based on outstanding reviews of the restaurant and bar posted on the popular travel website. Featuring Southern Coastal cuisine and wine pricing of 20 over retail for all bottles, the restaurant and bar has received a TripAdvisor Certificate of Excellence. Wed, 22 May 2013 22:19:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS03/705239959&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS03/705239961&source=RSS The Regulatory Authority overseeing telecoms has launched a review of concerns over what it calls "cross-market" ownership by KeyTech. Wed, 22 May 2013 22:18:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS03/705239961&source=RSS http://www.royalgazette.com/article/20130523/BUSINESS02/705239963&source=RSS The massive tornado that tore through the town of Moore, Oklahoma, on Monday afternoon did an estimated 2 billion in damage, putting it on track to become the most expensive tornado in US history. Wed, 22 May 2013 22:17:00 GMT http://www.royalgazette.com/article/20130523/BUSINESS02/705239963&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS02/705229869&source=RSS MetLife, the largest life insurer in the US, is to repatriate a Bermuda offshore reinsurance unit. The move to bring Exeter Reassurance back to America would make its business more transparent and it pleases US regulators. MetLife said it plans to merge Exeter Reassurance, with other state-regulated units. Wed, 22 May 2013 20:47:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS02/705229869&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS03/705229875&source=RSS Rosedon Hotel has been honoured as a Top Performing Hotel by travellers posting reviews on TripAdvisor. The 39-room boutique hotel, steps from the city centre, earned a 2013 TripAdvisor Certificate of Excellence. Wed, 22 May 2013 19:28:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS03/705229875&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS02/705229877&source=RSS ILS Capital Management, Ltd. , an investment management company based in Bermuda that specialises in investing in collateralised reinsurance and insurance-linked securities, announced that, subject to Bermuda immigration approval, Brian Gulbransen and William Mulcahy will be joining the firm effective July 1, 2013. Wed, 22 May 2013 19:05:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS02/705229877&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS02/705229880&source=RSS Premier Craig Cannonier has responded to British warnings to its overseas territories on tax avoidance and tax transparency. Wed, 22 May 2013 19:04:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS02/705229880&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS03/705229949&source=RSS Foodworx Uptown Eatery, featuring a signature chicken n waffles dish on the menu, is opening today at noon. Situated in the heart of northeast Hamilton - a vibrant, community oriented part of the city - it is located next to Chewstick Lounge. Wed, 22 May 2013 12:11:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS03/705229949&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS03/705229960&source=RSS You can expect a little more pain at the pump over the holiday weekend, with the price of gas going up this month. The price of diesel and kerosene, however, went down again. Tue, 21 May 2013 22:22:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS03/705229960&source=RSS http://www.royalgazette.com/article/20130522/BUSINESS02/705229962&source=RSS More than 250 local industry professionals were told "now is the time to take action in preparation for FATCA", during KPMG's second FATCA forum, held earlier this week at the Fairmont Hamilton Princess. Tue, 21 May 2013 22:21:00 GMT http://www.royalgazette.com/article/20130522/BUSINESS02/705229962&source=RSS