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Markel Corp reported third-quarter earnings of $193.4 million as underwriting performance improved. The Glen Allen, Virginia-based company with re/insurance operations in Bermuda said it had net income of $13.95 per share. The results exceeded analys...

Shares of Butterfield Bank spiked 9.6 per cent on the Bermuda Stock Exchange. The bank gained $2.90 to close on $33 as 778 shares changed hands. Butterfield’s US-listed shares also advanced, adding 15 cents, or 0.66 per cent, to close on $32.66 on th...

The Bermuda Chamber of Commerce is holding a lunch-and-learn information session on “unconscious bias”. The session will be presented by FranklinCovey principal partner Martha Kirkland and leadership consultant Richard James. The interactive and inf...

Axis Capital Holdings Limited suffered a “disappointing quarter” as its income was impacted by typhoons in Japan, Hurricane Dorian and some losses in its credit and aviation lines of business. The Bermudian-based insurer and reinsurer made a profit o...

Bermudian-based Enstar Group Ltd has acquired a subsidiary of US industrial company BorgWarner. For Enstar, which specialises in acquiring insurance companies in run-off, it is the second acquisition of a non-insurance company with historic liabiliti...

Centaur Fund Services has been shortlisted in the “Best Fund Administrator — Traded Credit” Award at the Alt Credit European Services Awards in London on November 6. The awards recognise service providers, credit hedge funds, CLO and private debt fu...

Argo Group International Holdings Ltd has said its results for the third-quarter of 2019 will be adversely affected by several loss items, primarily related to its international operations. The company is due to release it earnings news on November 7...

Skyport has awarded the food and beverage concession in the new terminal at LF Wade Intermnational Airport to Bermuda Travel Concessions. Plans are in place to create three distinct eateries with Bermudian themes. Bermudians Dennie O’Connor and Jenni...

Shares of Argus Group Holdings Ltd improved by 19 cents, or 7 per cent, to $2.90 after 4,000 traded on The Royal Gazette/BSX Index. While on the New York Stock Exchange, shares of Butterfield Bank were down 30 cents, or 1 per cent, at $29.22 The Roya...

Trading has been suspended on 45 tranches of bonds listed on the Bermuda Stock Exchange at the request of Centaur Group Finance Limited. At the same time, it was announced that John Sutherland Hindess has resigned as a director in respect of Centaur ...