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Overseas, Butterfield Bank closed down 33 cents (1.16 per cent) at $28.16 on the New York Stock Exchange

The company has exercised a purchase option on two mid-sized LPG/ammonia carriers from a Chinese shipyard

Now is a full-stack, AI-enabled commercial insurance platform specialising in medical professional liability coverage

Mr Pachaury will lead the technology and digital practice worldwide, drive insurtech innovation and accelerate digital return on investment for clients

Company reports net income of $13.9 million for the first six months of 2023, compared to a restated net loss of $12.2 million for the same period in 2022

Mr Chilson, who has been a strategic adviser to the business since May, assumes the post as president on September 1

Butterfield Bank closed down 0.28 per cent on Monday at $28.49 on the New York Stock Exchange

The company said he will be responsible for leading operational and growth strategy for Mosaic’s US cyber portfolio

Addition of seven new team members prompts move to new offices in Manchester, New Hampshire

The agreement will see Aspen and DWF create a strategic partnership focused on portfolio management via an end-to-end claim and litigation-servicing model