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The Royal Gazette/BSX Index dropped almost 2½ per cent after four stocks fell. Somers Limited was down $3, or 20 per cent, at $12 after 500 shares traded, while Argus Group Holdings Ltd, dropped 43 cents, or 14.3 per cent, to $2.57 after 63,100 share...

A donation of $15,000 has been made by Clarien Bank to Meals on Wheels. The money was raised through Clarien’s 13th Holiday GiveBack Campaign, which in the past ten years has raised more than $100,000 for the charity, Michael DeCouto, Clarien’s chief...

R&Q has acquired the Montana-based captive insurer, Vigneron Insurance Company, from a wholly owned private investment holding company with diverse holdings in a variety of industries, real estate, marketable securities and other investments. Vigner...

Everest Insurance has joined with digital insurance brokerage Embroker to provide a new online lawyers’ professional liability programme for law firms with up to ten employed attorneys. Everest said the new policy offers several value added coverage ...

Bermudian-based Fidelis has named John Symms as head of outwards insurance. The company said Mr Symms will co-ordinate all aspects of engagement with reinsurers across all segments of the business. The aim is to support the growth of Fidelis’s reins...

Bermudian-based Sompo International Holdings Ltd has said Julian James will join the organisation to lead the London market and international insurance platforms. Subject to regulatory approval and after a short period of transition, he will succeed...

An eight-week course on entrepreneurship is to be offered by the Bermuda Economic Development Corporation. “Think Like an Entrepreneur” is designed to teach entrepreneurs how to test the viability of a business idea and create an entrepreneurial mind...

Shares of Butterfield Bank fell 38 cents, or 1.08 per cent, to $34.86 on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which remained unchanged at 2,336.94, while the BSX Insurance Index was down 3.11 points, or 0....

Three Bermudian veterans of the hospitality industry have been appointed as the senior management team at Bermudiana Beach Resort. Allen R. Walker has been appointed general manager, while Deborah Leverock has been named operations director, and Dono...

Bermudian-based insurers and reinsurers will likely see continued firming of pricing in 2020, with surplus growth and modest gains in underwriting profits driven by organic growth opportunities and solid capital levels, according to Fitch Ratings. R...