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Appleby Global Listing Services (Bermuda) Ltd has joined the BSX as a listing sponsor, with immediate effect. Greg Wojciechowski, the BSX’s chief executive officer, said: “AGS joins a growing group of companies that have identified a commercial oppor...

Bermudian-based Axa XL has announced that Chris McKeown has stepped down from his role as vice-chairman of New Ocean Capital Management Ltd. Mr McKeown, formerly the chief executive officer of New Ocean, is to “pursue other interests”, the company sa...

Butterfield Bank shares gained 4.4 per cent in Bermuda Stock Exchange trading. The bank added $1.50 to close on $35.50 as 376 shares changed hands. Butterfield’s US-listed shares also gained ground on the New York Stock Exchange, climbing 83 cents, o...

Allied World’s Bermuda office hosted 22 top students from St John’s University, New York. Annually, the School of Risk Management of St John’s University’s Peter J. Tobin College of Business offers its top students the opportunity to learn by travell...

Jennifer Minors has been promoted to senior vice-president, product line leader in Axa XL’s Bermuda professional lines insurance business. Ms Minors is now responsible for managing directors’ and officers’, professional liability, employment practice...

Shares of Polaris Holding Company jumped 40 per cent in light trading on the Bermuda Stock Exchange. The company, which owns Hamilton docks operator Stevedoring Services, gained $2 to close on $7 as 1,000 shares changed hands. Polaris acquired East E...

Bermudian-based Oil Casualty Insurance Ltd has reported a net loss for the 2018 fiscal year of $39 million, breaking a string of seven consecutive years of net profits. The mutual insurer of shareholders in the energy industry said the loss was princ...

Nearly 80 per cent of banking CEOs see skills shortages supporting digital transformation as a threat to growth prospects. Their ability to innovate effectively and provide a winning customer experience is suffering as a result. These are the findi...

Nine people have completed a training programme presented by the internationally-recognised Cleaning Management Institute. Completing the six-day programme, held in partnership with the Department of Workforce Development, were Hazel Morris, Lavita W...

Bermudian-based digital asset exchange platform Ultra has revealed a new conservation finance mechanism. Ultra Reserve, a new financial token tool for forest and wilderness conservation, was unveiled at the Grounded Summit, a solutions-oriented gathe...