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HSBC Bermuda’s Harbourview, St George’s and Somerset branches will be open Monday to Friday from 9am to 4.30pm, as from tomorrow. The bank said its customers will continue to receive a modified service offering comprising of safe custody, collections...

Insurance industry veteran Dennis Mahoney is to transition to the role of non-executive chairman of AkinovA (Bermuda) Ltd, the independent electronic marketplace for the transfer and trading of re/insurance risk. The move comes just months after Mr M...

Do you have a hard time falling asleep? Or do you bolt awake at 2am every morning with a racing heart? According to a recent survey from our research team at Ramsey Solutions, you’re probably worried about money. In the first quarter of 2021, America...

Multiple decades ago, author Richard Starry and his charmingly portrayed characters Lowly Worm, Huckle Cat and other loveable animals in The Best Little Word Book Ever, and many other books, were incredibly popular in our household. The storybook fam...

Shares of Butterfield Bank gained 3.3 per cent in Bermuda Stock Exchange trading. The bank added $1.25 to close on $39.50 as 4,000 shares changed hands. Butterfield’s US-listed shares gained 32 cents, or 0.8 per cent, to close on $40.14 on the New Yo...

Bermudian-headquartered Hiscox Ltd, the international specialist insurer, has announced that Kevin Kerridge will succeed Steve Langan as CEO of Hiscox USA. The appointment is effective May 15. The company said Mr Kerridge, who will report to Ben Walt...

Algonquin Power & Utilities Corp, the Canadian company whose properties include Belco, has reported revenues of $634.5 million in the first quarter, an increase of 36 per cent year-over-year. The company, which reported in US dollars, said it had adj...

Athene Holding Ltd, the Bermudian-based life and annuity reinsurer, reported net income of $578 million, or $2.94 per diluted common share, in the first quarter of 2021. That compares with a loss of $1.1 billion, or $5.81 per diluted share for the fi...

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $11 million, or 14 cents per share, for the first quarter of 2021. The bond insurer said the result includes a $13 million after-tax write-off of an intangible asset attr...

Essent Group Ltd, the Bermudian-based mortgage re/insurer, has reported net income of $135.6 million, or $1.21 per diluted share, for the first quarter of 2021. That compares to $149.5 million or $1.52 per diluted share for the quarter ended March 31...