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More changes have been announced within Axa XL’s reinsurance leadership team as part of a simplification of the reinsurance organisational structure. Among the new changes, Paul Simons will become head of Bermuda Reinsurance, along with his current r...

If you’re a company director looking for a skill upgrade, the Institute of Directors in Bermuda is offering a series of courses in the new year. The IoD has just released their new professional development calendar. Programmes include certificate in...

There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,380.37. However, on the New York Stock Exchange shares of Butterfield Bank were down 18 cents, or 0.48 per cent, at $37.51. The BSX Insurance Index was down 0.76 of a point...

Entrepreneurs Kim Caisey and Nathan Amaral have been named Scholars of the Year by the Bermuda Economic Development Corporation. Ms Caisey is founder of KIM’s List, an online resource for children’s activities and events, while Mr Amaral is the owner...

A total of $225 million of preferred shares are being redeemed by Bermudian-based Axis Capital Holdings Ltd next month. The company will redeem and liquidate all nine million of its 5.5 per cent Series D preferred shares. The redemption price is $25 ...

Carey Olsen has been shortlisted for both International Law Firm of the Year and UHNW Private Client Services Innovation of the Year at Citywealth’s Magic Circle Awards 2020. The awards, which are now in their fifteenth year, look to recognise the be...

A group that aims to help divorcing couples avoid an adversarial litigation process has taken on three new members. Joining the Collaborative Law Alliance are Timothy Calveley, Robert King and Miriam Shaya-King. The Collaborative Law Process was intr...

The group of experts tasked with assessing threats to Bermuda’s financial stability has urged the Government to ramp up its engagements with international authorities on tax-related matters. The Financial Policy Council, which met this month, also di...

Butterfield Bank shares improved by $1, or 2.8 per cent, to $37 after 2,352 shares traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 80 cents, or 2.19 per cent, at $37.38. The Royal Gazette/BSX Index was...

Retail tariffs for Bermuda’s electricity sector will decrease across customer groups, effective from January 1. The Regulatory Authority of Bermuda announced the reductions this evening, but did not say how much the reductions will be. The retail ta...