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Shares of Butterfield Bank were down $1.75, or 5.9 per cent, at $28 after 1,100 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were down $1.52, or 5.23 per cent, at $27.54. The Royal Gazette/BSX Index was down 78.71 points, or ...

Chris Downey is to succeed Sanjoy Mukherjee as managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd, the organisation’s parent company announced. Everest Re Group Ltd said Mr Mukherjee would transition from his Bermuda r...

In an effort to provide customers with savings on groceries, The MarketPlace has launched a programme that gives access to “20 to 30 quality items” at low prices each month. This will be in addition to its normal bi-weekly specials, the company said....

Two Bermudian chefs, fresh off their collaboration with international culinary star Eric Adjepong, are launching a weekly culinary experience to carry forward January’s sell-out Restaurant Weeks dinner. After teaming up with Mr Adjepong of Bravo TV’s...

The Bermuda office of London-based re/insurance specialist Neon is to remain open for at least another four months, a spokesperson said. “Neon is keeping an office open until at least June as it manages an orderly run off,” she said. It was announced...

A deal that presents the opportunity for Athene Holding Ltd to be included in a major S&P index, such as the S&P 500, has been concluded. The Bermudian-based retirement services company has concluded a “strategic transaction” with its partner Apollo ...

A two-part, travel-themed podcast series recorded in Bermuda during Restaurant Weeks 2020 officially released its first instalment today online. The content, produced by the online travel storytelling community Travel with Meaning, is intended to pr...

Louise Charleson has been appointed a partner in the Bermuda legal services team at Ocorian, the global provider of corporate and fiduciary services, fund administration and capital markets. Ms Charleson has extensive legal experience in Bermuda, the...

A profit of $29.7 million, or 32 cents per share, has been reported by Third Point Re for the fourth quarter. That compares to a $298 million loss for the same period in 2018. The Bermudian-based reinsurer had net income of $200.6 million, or $2.16 p...

Shares of Ascendant Group Ltd, the parent company of Belco, fell five cents, or 0.2 per cent, to $30, after 3,000 traded on The Royal Gazette/BSX Index. There was also trading in 500 shares of Bermuda Aviation Services Ltd, but with no change to the ...