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Shares of Ascendant Group improved $2.75, or 15.1 per cent, to $21 after 400 traded on The Royal Gazette/BSX Index. Butterfield Bank improved by 25 cents, or 0.6 per cent, to $39.50 after 100 shares were exchanged, while on the New York Stock Exchang...

Bermuda has been selected as the venue for an invite-only event this summer hosted by the prestigious Risk and Insurance Management Society and the Bermuda Business Development Agency. Rims Risk Management Academy Bermuda, slated for July 14 to 17, w...

Michael van der Straaten is the new chief executive officer of Qatar Re. He succeeds Gunter Saacke, who announced in January that he intended to step down in March. Mr Van der Straaten has been the acting CEO for the past few months. He joined the Be...

Carey Olsen Bermuda partner Keith Robinson is set to speak at the International Academy of Estate and Trust Law annual meeting in Japan. He will discuss tax information exchange agreements at the four day event in Tokyo, which starts on May 20. Mr R...

Bermuda Tourism Authority partnered with upscale retailer Saks Fifth Avenue to showcase the island in New York, Toronto and Boston. For two weeks in March, the island had three window displays at Saks Fifth Avenue and hosted “Dark ‘n Stormy” bars in ...

Curtis Dickinson, the Minister of Finance, is leading a delegation of government, regulatory and industry leaders at the Risk and Insurance Management Society annual conference and exhibition in Boston, which got under way today. David Burt, the Prem...

Banking shares did well on The Royal Gazette/BSX Index. Butterfield Bank was up 75 cents, or 1.9 per cent, at $39.25 after 4,439 traded, while HSBC Holdings improved 30 cents, or 3.68 per cent, to $8.45 after 1,000 changed hands. Shares of BF&M Ltd w...

Horseshoe Group has announced that Fred LeMoine will succeed Nigel Godfrey as executive vice-president of insurance management services. Mr Godfrey, who is also the group’s CFO, is to retire, effective April 30, 2019, but he will continue to be invo...

Shares of Polaris Holding Co Ltd jumped $1.50, or 23.1 per cent, to $8 after 500 traded on The Royal Gazette/BSX Index. Butterfield Bank reported first quarter profit of $51.7 million, and an agreement to buy a banking business in the channel Islands...

Butterfield Bank made a profit of $52 million, or 96 cents per share, in the first three months of the year. That was up from $44.2 million, or 79 cents per share, for the same period a year ago. It has also announced an agreement to acquire Channel ...