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Shares of Argus Group Holdings surged 17.6 per cent in Bermuda Stock Exchange trading. The insurer added 54 cents to close on $3.60 as 2,700 shares changed hands. Fellow insurer BF&M Ltd slipped 30 cents, or 1.9 per cent, to close on $15.50 on the tr...

Bermudian reinsurer RenaissanceRe Holdings Ltd is to offer $400 million of senior notes. The notes offer investors a 3.6 per cent yield and are due 2029. The company said it expects to close the offering on or about April 2, 2019, subject to customar...

The newly re-elected chairwoman of the Bermuda branch of the Institute of Directors says its members can play a larger role on the boards of island-based companies. Rochelle Simons says she wants to raise the profile of IoD members who are available ...

Bermudian-based mutual insurer Oil Insurance Ltd has reported a net loss for 2018 of $675.6 million. Oil recorded a $404.6 million underwriting loss. The net loss figure factors in net investment losses and administrative expenses. The year-end finan...

The Royal Gazette/BSX Index was unchanged on 2,139.23 as no shares traded. Butterfield Bank did trade on the New York Stock Exchange, with its US-listed shares gaining 34 cents, or 0.97 per cent, to close on $35.40. The BSX Insurance Index fell 0.32 ...

Bermudian-based Hamilton Insurance Group, the holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, has announced two executive-level appointments, and one departure from the company. Peter Barrett, former chairman of Ll...

Dave Wilson, global president and chief operating officer of Patrón Spirits International and The Patrón Spirits Company, retires on Monday, a year after the merger with Bermudian-based Bacardí Ltd. Pete Carr, president, Bacardí North America, will t...

Shares of Ascendant Group Ltd surged 10 per cent in heavy Bermuda Stock Exchange trading — just two days after a deadline for bids to take over the company. The owner of electricity utility Belco gained $2 to close on $22, as 68,840 shares changed ha...

More than 35 vendors will show off the latest innovations in the food and beverage industry, tomorrow at Butterfield & Vallis’ annual trade show. Carla Lacey, Bermuda Tourism Authority’s chief operating officer, will cut the ribbon at 10.15am. Organ...

Chubb Bermuda today named Richard Porter senior vice-president, head of financial lines. This division includes directors and officers liability, cyber, transactional risk, errors and omissions, and employment practices liability, and has been handli...