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The volatile politics of the US could influence some significant issues for reinsurers this year. That is the view of John Huff, chief executive officer of the Association of Bermuda Insurers and Reinsurers. Mr Huff, on a panel at the Joint Industry ...

The Bermuda Business Development Agency is partnering with the island’s fast-growing life and annuity re/insurance sector to promote a strong presence at the industry’s largest US conference this spring. For the first time, the BDA will team up with ...

The Royal Gazette/BSX Index closed unchanged at 2,073.9 yesterday as no shares traded. Butterfield Bank’s US-listed shares did not trade in New York either, because financial markets in the US were closed for the Martin Luther King Jr Day holiday.

With CEOs worrying more about political stability and protectionism around the world, Bermuda needs to keep obstacles to international business to a minimum to remain competitive. That is the view of Arthur Wightman, PwC Bermuda leader in response to...

Shares of Argus Group Holdings Ltd fell 7.1 per cent in Bermuda Stock Exchange trading. The insurer slipped 25 cents to close on $3.25, a 52-week low, as 700 shares changed hands. Butterfield Bank gained 25 cents, or 0.7 per cent, to close on $33.75,...

Anthony Belisle, chief executive officer of Markel CatCo Investment Managements Ltd, and Alissa Fredricks, the company’s CEO - Bermuda, and are no longer with the company. In a statement, the company said: “As previously announced by Markel Corporati...

QuoVadis, a technology company launched in Bermuda 20 years ago, has been sold to an American firm for $45 million. The proposed takeover by DigiCert was announced in November and yesterday the companies confirmed the deal had closed. DigiCert acquir...

Gerald Simons has retired as chairman of the board of the Bermuda Monetary Authority, and will be succeeded by Jeremy Cox. Other departures from the board are deputy chairman Allan Marshall and Peter Hardy. Mr Simons has served on the board of the BM...

Employment income declined by 1.4 per cent, and the value of imports fell 15.8 per cent in the second quarter of last year. However, economic data also showed that more Bermudians were employed in the hotel industry at the end of April last year when...

Shares of Butterfield Bank improved by 50 cents, or 1.5 per cent, to $33.50 after 200 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 44 cents, or 1.29 per cent, at $34.42. On the local exchange, there was trading in 3,3...