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Butterfield Bank fell 53 cents (1.16 per cent) after trading in New York

The shipowner says the decrease reflects vessel sales and the impact of one of its rigs sitting idle

The pace of new companies this year is already ahead of last year’s monthly averages, according to the BMA

The appointee, retired from KPMG, was the first woman to lead a Big Four firm’s global insurance practice

The event gathers more than 350 policymakers, regulators and investors to discuss crypto and blockchain

For the week, the index was 55.96 points (1.91 per cent) lower

Speakers at the November conference include chief executives from several of the world’s top 25 reinsurers

The participants rotated through property, casualty, professional, operations, actuarial, claims and reinsurance

The insurance company, which shifted domiciles to Bermuda two years ago, made about $704 million

By setting up Bermudian subsidiaries, companies can gain exposure to more stable long-term lines in the US