Log In

Shares of Butterfield Bank were down 26 cents, or 0.71 per cent, at $36.22 on the New York Stock Exchange. It was a quiet day on The Royal Gazette/BSX Index, with no trades. The index was unchanged at 2,238.52 points, while the BSX Insurance Index wa...

Shares of Butterfield Bank gained 0.7 per cent in Bermuda Stock Exchange trading. The bank, the only stock to trade on the BSX, added 25 cents to close on $36.25 as 2,500 shares changed hands. Butterfield’s US-listed shares climbed 12 cents, or 0.33 ...

American International Group has formed AIG Re to consolidate the company’s global reinsurance operations. The new global business will be led by chief executive officer Christopher Schaper, who will be based in Bermuda, AIG said. The businesses to b...

The Duke of Edinburgh Bermuda organisation has been chosen as beneficiary of the annual gala fundraising event to be held by the 100 Women in Finance networking group of professionals working in the finance industry. The 100WF group will host the Ber...

Bermudian-based Essent Group has expanded its collateralised mortgage reinsurance protection with a $333.84 million insurance-linked securities issuance. The company’s subsidiary, Essent Guaranty, made the issuance through its Bermudian special purpo...

Ken Randall has stepped down as group chief executive officer of Bermudian-based Randall & Quilter Investment Holdings. The London Stock Exchange-listed non-life legacy insurance investor said Mr Randall would continue to work with the company in the...

Bermudian-based Argo Group International Holdings Ltd has adopted a new system that enables managing general agencies, wholesalers and independent brokers to submit, quote and bind risks seamlessly, without paper or error. Avyst’s bidirectional form...

Ten P2 students from Elliot Primary School visited the Bermuda Monetary Authority for a lesson in the island’s currency and a tour of the BMA’s museum of notes and coins. The tour by teacher Chrystal Bean’s class was directed by Michael Burgess of th...

Myron Hendry has joined the board of Bermudian-based Enstar Group Ltd as a class II director, the company announced. Mr Hendry, 70, whose appointment is effective on July 1, was most recently executive vice-president and chief platform officer of XL ...

Insurer BF&M Ltd posted a $4.8 million profit for the first quarter of 2019, up from $3.1 million in the corresponding period last year. John Wight, the company’s group chairman and chief executive officer, said: “BF&M reported good results for the f...