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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...

Nine entrepreneurs and event producers have been approved in the latest round of the Bermuda Tourism Authority’s Experience Investment Programme. The BTA said another five participants performed favourably in the application process, with decisions o...

There was trading in 12,000 shares of Argus Group Holdings Ltd on The Royal Gazette/BSX Index, but with no change to the closing price of $2.90. In New York, shares of Butterfield Bank were up 65 cents, or 1.93 per cent, at $34.30. The Royal Gazette/...

Markel Corporation’s executive chairman Alan Kirshner is to step down next year after 60 years with the company. Mr Kirshner, who has been Markel’s chairman for 33 years, will be replaced by Steve Markel, the vice-chairman. US-based Markel, which has...

Hamilton Insurance Group and Axa XL have joined forces to sponsor Code441’s annual hackathon. The event, which aims to teach local young people the fundamentals of coding, is to be held on December 20, 2019. Between 50 and 75 young people will gath...

Digicel’s credit ratings have been downgraded by Fitch Ratings, which expects the telecommunications group to restructure its debt within the next 18 months. In commentary published last night, Fitch described Digicel’s capital structure as “unsustai...

Shares of Butterfield Bank climbed 0.2 per cent in Bermuda Stock Exchange trading. The bank gained five cents to close on $33.25 on the trading of 550 shares. Butterfield’s US-listed shares fell three cents to close on $33.65 on the New York Stock Ex...

Shares of HSBC Holdings fell 15 cents, or 2.01 per cent, after 3,837 traded on The Royal Gazette/BSX Index. Meanwhile, on the New York Stock Exchange, shares of Butterfield Bank were down seven cents, or 0.21 per cent, at $33.68. The Royal Gazette/BS...

With three new hotels opening by 2021, experts predict Bermuda will need more people working in the food and beverage industry. To fill the gap hospitality industry partners have come together to form a new initiative to attract more job seekers to ...

No shares traded on the Bermuda Stock Exchange, leaving The Royal Gazette/BSX Index unchanged on 2,217.02. Butterfield Bank’s US-listed shares gained nine cents, or 0.27 per cent, to close at $33.58 on the New York Stock Exchange, as 109,378 shares c...