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Shares of LOM Financial gained ground on high volume in Bermuda Stock Exchange trading. The investment firm climbed five cents, or 1.8 per cent, to close on a new 52-week high of $2.80 as 80,000 shares changed hands. LOM was the only stock to trade o...

No shares were traded on the Bermuda Stock Exchange. The Royal Gazette/BSX Index closed unchanged on 2,222.6. The BSX Insurance Index gained 16.63 points, or 1.03 per cent, to close on 1,626.37. Butterfield Bank’s US-listed shares gained 15 cents, or...

US insurer Liberty Mutual has utilised its Bermudian special purpose insurer Limestone Re Ltd to raise $240 million of new reinsurance capacity. The company said in a press release that the transaction was comprised of $135 million of Bermuda Stock E...

Shares of Argus Group Holdings Ltd surged more than 8 per cent on the Bermuda Stock Exchange. The insurer gained 25 cents, or 8.4 per cent, to close on $3.24, as 5,000 of its shares changed hands. Two other stocks also gained ground. Butterfield Bank...

Craig Bridgewater is to join Butterfield Bank as group head of finance. He will join the bank on October 7 this year and report to Michael Schrum, group chief financial officer, the bank said yesterday. Mr Bridgewater was most recently a managing dir...

Randall & Quilter Investment Holdings Ltd has agreed a deal worth at least $25 million to purchase Bermudian reinsurer Sandell Re. London-listed R&Q, which is headquartered in Bermuda, said its subsidiary Randall & Quilter II Holdings Ltd had signed ...

Consumers paid more for goods and services in March than they did in the same month in 2018. The Consumer Price Index rose 1.2 per cent, year-on-year. The level of inflation increased by 0.1 of a percentage point from the 1.1 per cent measured in Feb...

Bruce Jackson has joined Clarien Bank as executive vice-president, chief wealth management officer. Mr Jackson will be responsible for Private Banking, Clarien Trust Ltd and Clarien Investments Ltd. He began his 33-year career as an equity analyst w...

One stock gained ground and one fell in Bermuda Stock Exchange trading. Argus Group Holdings Ltd advanced one cent, or 0.3 per cent, to close on $3.25, as 10,000 shares changed hands. The move added to Argus’s 8 per cent climb on Monday. The heaviest...

Chief executives of the world’s largest re/insurers and leading risk experts are to gather in Bermuda later this year for the PwC Insurance Summit, presented by he Financial Times. The summit at Hamilton Princess and Beach Club in November, presents ...