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American International Group has sold a majority stake in its Bermudian legacy reinsurer Fortitude Re. The deal involves private-equity group Carlyle Group and Japanese insurer T&D Holdings partnering to pay $1.8 billion for a 76.6 per cent stake in ...

Christina Allen has joined the offices of Tysers (Bermuda) Ltd as director, financial lines. Ms Allen joins Tysers from Bermudian-based Paragon International Insurance Brokers Ltd, where she was a vice-president. She will report to managing director ...

Argus Group Holdings Ltd was the only stock to trade on the Bermuda Stock Exchange. The insurer remained unchanged on $2.80 on the trading of 23,686 shares. The Royal Gazette/BSX Index was unchanged on 2,291.05. Trading turnover for the day totalled ...

The economic, political and cultural ties between Bermuda, the United Kingdom and the United States set the scene for the Bermuda Executive Forum, held at the JW Marriott Grosvenor House London today. At the event ‘Navigating Disruption for Positive...

British Airways has announced a Black Friday seat sale with 25 per cent off flights between Bermuda and London. The discount applies to fares in both World Traveller, or economy, and World Traveller Plus cabins for travel between January 8, 2020 and ...

The Bermuda Economic Development Corporation has announced the winners of its 12th annual Rocket Pitch competition. Participants pitched their businesses before a panel of judges in the hopes of winning a share of $25,000 in cash and services. Pitche...

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...