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Stocks in the local insurance sector were the only ones to trade on The Royal Gazette/BSX Index. A total of 3,400 shares of Argus Group Holdings Ltd changed hands, with no change to the closing price of $2.80, while 37 shares of BF&M Ltd were exchang...

Devonshire Industries Ltd improved by five cents, or 1.5 per cent, to $3.30, after 1,100 traded on The Royal Gazette/BSX Index. Butterfield Bank shares were up 44 cents, or 1.3 per cent, to $34.69 after 1,993 changed hands. In New York, the bank’s sh...

Professional-services firm KPMG is to take a leading role as title co-sponsor of the Caribbean Infrastructure Forum set for January 21 and 22 in Kingston, Jamaica. The event will convene a cross section of decision makers, executives and financiers f...

No shares changed hands on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 2,291.05. The US-listed shares of Butterfield Bank edged lower by 25 cents, or 0.71 per cent, to close on $34.82 on the New York Stock Exchange, a...

Chubb Ltd has increased its ownership in China’s Huatai Insurance Group Company Ltd. It is expected to own 46.2 per cent of Huatai’s shares upon completion of an agreed purchase of an additional 15.3 per cent of the group. This comes in the wake of r...

Butterfield Bank group chief financial officer Michael Schrum has been named a winner in the 2019 Finance Monthly CFO Awards. The UK-based multi-platform global publication provides news, comment and analysis on the corporate sector, and is distribut...

Bermudian re/insurer Axis Capital Holdings Ltd has estimated a loss of up to $110 million related to Typhoon Hagibis. Hagibis hit Japan last month and was the most devastating typhoon to hit the country’s Kanto region since 1958. Axis said today that...

Argus Group fell 10 cents, or 3.4 per cent, to $2.80 after 13,000 shares changed hands on The Royal Gazette/BSX Index. Meanwhile, shares of Butterfield Bank improved $1, or 3 per cent, to $34.25 after 554 traded. In New York, the bank’s shares were u...

Kayley Stewart has joined Bermudian-based Fidelis Insurance as part of the company’s London-based team at Fidelis Underwriting Ltd. Ms Stewart will be dedicated to further developing Fidelis’s terrorism and political violence account, bringing over 1...

Insurer Chubb has announced a share repurchase programme of up to $1.5 billion. The company, which has underwriting operations in Bermuda, said the new authorisation would be effective through December 31, 2020. The company has a market capitalisatio...