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Shares of BF&M Ltd fell by 90 cents, or 5 per cent, to $17.10 after 2,353 traded on The Royal Gazette/BSX Index. Butterfield Bank was up $1.25, or 5 per cent, to $26.50, after 800 shares changed hands. In New York, the bank's shares were down 29 ce...

Shabnam Ahmed has joined Elementum Advisors, a leading alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments. She has been appointed to the Bermuda office as senior vice-president, underwritin...

A high-level audit at Bermudian-based IT support and cloud hosting provider Oxygen has affirmed its information security practices, policies, procedures and operations meet Service Organisation Control (SOC) 2 standards. The standards are for securit...

Digitised Bermuda dollars could be created in the future. The Bermuda Government is keen to attract innovators looking to digitise the island’s currency. The ambition places Bermuda in a vanguard of nations, including the United States and China, who...

Shares of Butterfield Bank were up 25 cents, or 1 per cent, to $25.25 after 516 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 34 cents, or 1.35 per cent, at $25.49. On the local exchange, there was t...

Digital data is the future for insurance and reinsurance if the sector hopes to achieve efficiency gains and other benefits, according to Whitespace Software Ltd. The company has celebrated the first anniversary of the start of trading on the Whitesp...

CrossTower, a new exchange operator, has been granted a license by the Bermuda Monetary Authority under the Digital Asset Business Act. The company has a Class M licence, making it one of the first major cryptocurrency exchanges to receive such a per...

The leader of the One Bermuda Alliance said last night that he would spend the next few days thinking about what comes next after the party was reduced to six MPs when it lost five seats in the General Election. Craig Cannonier admitted he would thin...

Reinsurance companies were hit financially on both sides of their balance sheets because of the impact of the Covid-19 pandemic. And there continues to be “significant uncertainty around the ultimate extent and distribution of Covid-19-related losses...

A restaurant that has been a popular venue in the centre of Hamilton for 50 years has been put on sale. The Spot, on Burnaby Street, was established in 1945 and has been owned by Thomas “Ted” Powell since 1971. The eatery closed in mid-March because ...