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A cargo plane has been added to the fleet of Longtail Aviation. Bermuda’s only air carrier has been focused on VIP charter business, but has branched out with a dedicated all-cargo B747-400F aircraft. Martin Amick, chief executive officer of Longtail...

The Royal Gazette/BSX Index fell 6.6 per cent as three stocks fell and one advanced on the Bermuda Stock Exchange. The index closed 129.49 points down at 1,826.22. Insurer BF&M Ltd was the one issuer to gain ground, adding $1.75, or 11.1 per cent, to...

Argus Group’s car, motorcycle and small business customers will receive a 50 per cent rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims during to the shelter-in-place period. Customers...

Shares of Argus Group Holdings Ltd gained 7 per cent in Bermuda Stock Exchange trading. The insurer, the only stock to trade on the BSX, climbed 15 cents to close on $2.30 on the trading of 58,900 shares. The Royal Gazette/BSX Index added three point...

Shares of Ascendant Group Ltd gained 1.3 per cent in Bermuda Stock Exchange trading. The parent company of power utility Belco advanced 40 cents to close on $31 as 700 shares changed hands. The US-listed shares of Butterfield Bank slid 74 cents, or 2...

Bermuda Aviation Services Limited has acquired the outstanding minority interest of BAS-Serco Ltd from North American shareholder Serco Inc. The company said there is no impact to the management or employees. BAS-Serco has been renamed BAS Facilities...

The Olderhood Group has appointed Ian Dale as a non-executive director. Mr Dale, a UK-based Chartered Institute of Personnel and Development-accredited coach and business consultant, will assist Olderhood with the strategic expansion of their intera...

The chief executive office of Bermudian-based PartnerRe, Emmanuel Clarke, has taken over at the helm of the Global Reinsurance Forum. He succeeded Kevin O’Donnell, CEO of Bermudian-based RenaissanceRe, who completed a two-year term as chairman of GRF...

Shares of Butterfield Bank surged 15.4 per cent in Bermuda Stock Exchange trading. The bank jumped $3.75 to close on $28.05 as 10,000 shares changed hands. Butterfield’s US-listed shares gained 53 cents, or 1.9 per cent, to close on $28.39 on the New...

Shares of Argus Group Holdings Ltd gained 4.4 per cent in Bermuda Stock Exchange trading. The insurer advanced nine cents to close on $2.15 as 14,300 shares changed hands. The only other stock to trade was LOM Financial Ltd, which remained unchanged ...