The Carlyle Group has exited its position with Butterfield Bank after seven years as its largest shareholder.
Following the closing of Butterfield’s registered secondary offering by a number of shareh...
XL Group estimates it will face a $75 million impact on its carried reserves as a result of a decrease in the discount rate used to calculate lump sum awards in British bodily injury cases.
The Bermud...
There is more than a new look at Premier Health and Wellness Centre, in Hamilton.
Based at the premises formerly used by the late Niall Aiten, it is owned and operated by Stanley James.
During the pas...
Butterfield Bank’s biggest shareholder, The Carlyle Group, is a step closer to exiting its position with the bank.
A public secondary offering of common shares in the bank, including an additional off...
Bermuda leads the way as the world’s top jurisdiction for captives, with more than 780 on the island.
But it is not resting on its laurels. It did that before, but learnt a lesson.
Today, vigilance an...
A Bermudian company has seen remarkable growth in the number of businesses opting to use cloud-based software solutions to better manage their operations.
Since it was formed five years ago, The Certu...
Fourteen businesses and organisations have signed up for the second Xtreme Sports Games, and organisers are hoping a few more will join in before the closing date deadline at the end of next week.
Two...
Lancashire Holdings has reported after tax profits for the last three months of 2016 at $51.1 million and $153.8 million for the full year, both down on the same figures in 2015.
The fourth-quarter dr...
Qatar Re’s chief underwriting officer Alastair Speare-Cole, an early supporter of the reinsurer who later became one of its key executives, has resigned.
He is to be replaced by his deputies Luke Rode...
It is the million-dollar question, literally. How much did Bermuda get back from the $1.3 million spent on a nine-month tourism advertising campaign last year?
The answer is $17 million, or a return o...
