Bermudian reinsurer RenaissanceRe Holdings Ltd reported net income of $367.9 million and trounced the estimates of Wall Street analysts.
Profits soared more than 90 per cent from the $191.8 million th...
Butterfield Bank’s second-quarter net income declined by more than $11 million year over year due to a number of restructuring initiatives.
Net income for the quarter was $38.6 million, compared to $4...
Shares of Butterfield Bank rose 0.7 per cent in Bermuda Stock Exchange trading.
The bank gained 24 cents to close on $33.34 as 300 shares changed hands.
The day after Butterfield announced net income ...
Economist Robert Stubbs will give a public presentation on how the island’s economy can be rejuvenated.
Wednesday evening’s presentation, entitled “Building an Economic Roadmap to Bermuda’s Future” wi...
Aviation finance lawyer Angela Atherden is flying high.
Ms Atherden, who is counsel at Conyers’ Bermuda office, has been recognised as a “rising star” by Airfinance Journal, a market-leading financial...
Shares of Ascendant Group rose by nearly 25 per cent as the company announced a special shareholders meeting on August 9 to consider its proposed sale to Algonquin Power & Utilities Corporation.
The c...
Bermudian-based insurance holding company American Overseas Group Ltd has reported a net loss of $3.2 million and an operating loss of $600,000 for the year ended December 31.
The results were announc...
Somers Ltd, the financial-services holding company, was the only stock to trade in Bermuda Stock Exchange trading.
Somers closed unchanged on $15 as 800 shares changed hands.
In New York, Butterfield ...
Butterfield Bank has been assigned senior unsecured debt and deposit ratings of A+, a subordinated debt rating of A by Kroll Bond Rating Agency.
Butterfield also received a short-term debt and deposi...
Shares of One Communications Ltd were up 10 cents, or 2.7 per cent, at $3.75 after 10,000 traded on The Royal Gazette/BSX Index.
BF&M Ltd retreated five cents, or 0.3 per cent, to $17 after 7,805 shar...
