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Shares of HSBC Holdings plc improved by 15 cents, or 2.94 per cent, to $5.25 after 500 traded on The Royal Gazette/BSX Index. Butterfield Bank as up 50 cents, or 1.3 per cent, to $39 after 500 shares were exchanged. On the New York Stock Exchange, th...

Bermudian-based Nordic American Tankers Ltd remains bullish about the future despite reporting a net loss of $25 million, or 16 cents per share, in the first quarter of the year. This compares with a loss of $28.7 million in the fourth quarter of 202...

Jacintha Hughes has been promoted to the newly created position of chief administration officer of the Bermuda Stock Exchange. Greg Wojciechowski, president and chief executive officer of the BSX, said: “It is with great pleasure that I announce the...

Auto Solutions is offering carwash vouchers to people who receive vaccines at two upcoming vaccination sites. The first event is the Government Close-To-Home mobile vaccination site on Saturday at the National Sports Centre from 10am until 2pm. The s...

Randall & Quilter Investment Holdings Ltd has reported record pre-tax operating profit of £16 million ($22.6 million) in 2020. R&Q said its profit, an increase of 102 per cent, reflected a year of accelerated growth across both of its business segmen...

An equity index has launched that focuses exclusively on the publicly listed global insurance and reinsurance companies that control syndicates at Lloyd’s of London insurance market. A number of Bermudian-based re/insurers have syndicates at Lloyd’s....

Norwegian Cruise Line Holdings Ltd is planning to restart US-based cruise voyages in August, although they will only be for trips to Alaska. It is one of the major cruise operators that sails to Bermuda. Currently, Norwegian is not sailing from direc...

Bermuda's significance in the captive insurance world has been underlined in the latest Captive Power 50 list. A number of executives from the island are included in the annual list of the 50 most influential captive insurance professionals. Leading ...

Arch Capital Group Ltd has appointed Christine Todd as chief investment officer. The appointment is effective June 7, subject to regulatory approval. The Bermudian-based company said Ms Todd will report to Marc Grandisson, CEO of Arch Capital, and wi...

Mergers and acquisitions specialists Stavan Desai and Katherine Spenner are joining Mosaic Insurance as the new Bermudian-based global specialty insurer builds out its transactional liability team in the United States. The company said both will be b...