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Butterfield Bank shares rose 1.6 per cent in Bermuda Stock Exchange trading.
The bank gained 50 cents to close on $31 as 2,603 shares changed hands.
In New York, Butterfield’s US-listed shares also advanced, gaining 25 cents, or 0.8 per cent, to clos...
DATE: Dec 28, 2018
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Axis Capital president Albert Benchimol has been appointed to the Lloyd’s of London council. He will be an external member from February 1.
Mr Benchimol, is also chief executive officer of Bermudian-based Axis Capital Holdings Ltd, and has led the co...
DATE: Dec 27, 2018
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Butterfield Bank were down 50 cents, or 1.64 per cent, at $30.03 on The New York Stock Exchange.
Meanwhile, The Royal Gazette/BSX was unchanged at 1,939.5 points after no trades took place. The exchange closed early ahead of the holiday bre...
DATE: Dec 24, 2018
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
On the eve of new international requirements for companies to show economic substance in jurisdictions where they have a registered presence, Bermuda’s leading international insurers and reinsurers, have expressed continued support for the Bermuda Go...
DATE: Dec 24, 2018
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Festive window displays created by shops and businesses in St George have been delighting customers and passers-by.
The best of the bunch, in the eyes of the judges for the St George’s Window Display Contest, was Davison’s of Bermuda.
A trophy and $3...
DATE: Dec 23, 2018
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based Hamilton Re is inviting applications from students entering their junior year of college who are interested in participating in an intern programme during the summer.
Reporting into the catastrophe modelling team, the internship progr...
DATE: Dec 21, 2018
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Winners of the eleventh Annual Rocket Pitch competition were welcomed at the Cabinet Office by David Burt.
The Premier chatted with the entrepreneurs whose ideas were judged the best in this year’s contest, which was staged by the Bermuda Economic De...
DATE: Dec 21, 2018
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of BF&M Ltd fell by 20 cents, or 1.2 per cent, to $16.20 after 20,000 traded on The Royal Gazette/BSX Index.
Also falling was Ascendant Group, which was 10 cents lower, or 0.6 per cent down, at $16.90 after 7,612 shares were exchanged.
The Roy...
DATE: Dec 21, 2018
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Catastrophe risk modelling firm AIR Worldwide estimates that the direct cyberincident losses for the Marriott breach will be between $200 million and $600 million.
AIR’s loss estimates are based on the assumption that 500 million records were stolen...
DATE: Dec 20, 2018
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Butterfield Bank shares continued to slide, and were down $2, or 6.2 per cent, to $30.50 after 900 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were down 95 cents, or 3.03 per cent, at $30.40.
On the local ...
DATE: Dec 20, 2018
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff