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Shares of One Communications Ltd were down four cents, or 1.1 per cent, at $3.75 after 147 traded on The Royal Gazette/BSX Index. Butterfield Bank improved 60 cents, or 1.8 per cent, to $34 after 118 shares were exchanged, meanwhile in New York, the ...

Bermudian-based Fidelis Insurance Holdings Limited has raised about $300 million of equity capital from a combination of its existing shareholders and a wholly owned subsidiary of the Abu Dhabi Investment Authority. The funding is to be used to suppo...

Arch Capital Group Ltd posted net income of $316 million for the fourth quarter. The Bermudian re/insurer said the profit, up from $126 million in the corresponding period of 2018, broke down to 76 cents per share and represented a 12 per cent annual...

Bermuda based financial solutions firm Abacus Ltd has made Daryl Fubler their new chief operating officer. The newly created role will include managing Abacus’ growth and ongoing evolution of service offerings. Abacus Ltd provides a full range of...

Shares of Butterfield Bank were down 60 cents, or 1.8 per cent, at $33.40 after 557 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 24 cents, or 0.71 per cent, at $34.07. The Royal Gazette/BSX Index was down 26.99 points...

Bermuda’s consumer inflation rate rose to 0.9 per cent in November, with health insurance premiums one of the main contributors to the annual increase. The inflation rate was 0.2 percentage points higher than in October. Year-on-year, prices in the h...

There were fewer sales of information and communication technology and telecommunication services in Bermuda during 2018. The ICT, content and media sector had a total gross domestic product for the year of $209 million, a fall of $9 million from the...

Four new members have been appointed to the board of the Bermuda Business Development Agency. They are Susan Pateras, Barclay Simmons, Marc Telemaque and Leon Thomas. “We are very pleased to welcome Susan, Barclay, Marc and Leon to the board. Each ne...

A total of 135 shares of Ascendant Group Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $31. On the New York Stock Exchange, shares of Butterfield Bank were down 52 cents, or 1.51 per cent, at $33.83. The Royal ...

Bermudian-based Argo Group has appointed Carol McFate to its board. “We’re honoured to welcome Carol to our board. This is a year of renewed opportunity for Argo Group, and strong, independent oversight is crucial to taking full advantage of it. Caro...