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Colin Targett has been appointed managing director of the Bermuda and Cayman Islands offices of global investor services group IQ-EQ. The company says the strategic new hire follows other senior appointments announced in recent months evidencing the ...

Bermuda has been awarded reciprocal jurisdiction status by the United States’ National Association of Insurance Commissioners. As a result, Bermuda’s re/insurers will be eligible for zero collateral relief, thereby operating under equal conditions as...

Shares of Ascendant Group, parent of Belco, improved 10 cents, or 0.3 per cent, to $30 after 200 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were down 24 cents, or 0.69 per cent, at $34.76. The Ro...

BF&M Ltd made shareholders’ net income of $12.6 million in the first nine months of the year, down from $16.9 million in the same period of 2018. The insurance group, which does business across several Caribbean islands as well as Bermuda, has paid o...

Tim Molton has joined law firm MJM Ltd’s Dispute Resolution Team as an associate. Mr Molton has extensive experience working with commercial clients and high net worth individuals on a wide range of matters, having particular experience in the fields...

BF&M Ltd jumped $1.64, or 8.9 per cent, to $20 after 500 of its shares traded on The Royal Gazette/BSX Index. Argus Group Holdings Ltd were down two cents, or 0.7 per cent, at $2.78 after 2,300 shares were exchanged, while Butterfield Bank improved 2...

Bermuda’s re/insurance industry will be in focus at next week’s EY Re/insurance Business and Accounting Update. The event will gather industry leaders and cover a range of topics including accounting, tax, and regulatory matters, as well as the busin...

An information session about Bermuda’s economic substance legislation and its impact on island companies attracted more than 120 people, while another 50 dialled into the session, organisers said. The Institute of Directors Bermuda organised the sess...

Natalie Kershaw has been appointed group chief financial officer of Bermudian-based re/insurer Lancashire Holdings Ltd. Ms Kershaw will take up the role, and join the Lancashire board of directors, effective March 1, 2020. Her appointment follows Ela...

A total of 211 shares of One Communications Ltd were traded on The Royal Gazette/BSX Index, but with no change to the closing price of $3.80. In New York, shares of Butterfield Bank were up 12 cents, or 0.34 per cent, at $35. The Royal Gazette/BSX In...