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Shares of Butterfield Bank gained 2.5 per cent in Bermuda Stock Exchange trading. The bank climbed 75 cents to close on $31 as 926 shares changed hands. Butterfield’s US-listed shares gained one cent to close on $31.40 on the New York Stock Exchange....

The rapid growth of the cannabis industry has implications for the re/insurance industry, says the moderator of a panel at next Thursday’s annual conference of the Bermuda Insurance Institute. Mark Simons is senior vice-president, FINPRO, at brokers ...

No shares traded on the Bermuda Stock Exchange. The Royal Gazette/BSX Index was unchanged on 2,116.38. The BSX Insurance Index climbed 2.15 points, or 0.12 per cent, to close on 1,761.64. Butterfield Bank’s US-listed shares fell 18 cents, or 0.57 per...

Bermudian-based Nephila Capital, the world’s largest manager of insurance-linked securities, has selected finance automation software provider Phinsys to provide the accounting and finance platform to support the launch of its Lloyd’s managing agency...

Maurice “Hank” Greenberg is to receive a “lifetime leadership” award from St John’s University’s School of Risk Management, part of The Peter J. Tobin College of Business. Mr Greenberg is chairman and chief executive officer of CV Starr, Starr Insura...

The Corporation of Hamilton has issued a request for proposal regarding the operation of the Hamilton cargo docks. A statement issued by the corporation said: “The port of Hamilton is a dynamic port facility. By supporting cargo ship calls it has be...

Bermuda insurance industry veteran Fiona Luck is expected to be confirmed today as chairwoman of an independent advisory group set up by Lloyd’s of London to ensure that sweeping reforms to its culture are carried out. The Sunday Times reports that M...

Butterfield Bank is to lower the interest rates it charges on personal loans and mortgages. The decreases, announced yesterday after stock markets closed, are in step with the recent 25 basis point decrease in the federal funds rate in the United Sta...

Tucker’s Point Real Estate has hosted members of the island’s real estate community at a reception held with the aim of strengthening the project’s relationships with brokers and agents in Bermuda. A spokesman for Tucker’s Point RE said the reception...

Bermuda Chamber of Commerce is to offer a presentation to its members next Tuesday on the impacts of advanced technology and innovation on business strategies. The presentation will take place at the HSBC Harbourview Centre from 5.30pm until 7pm. Th...