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Hiscox is the latest insurance company to announce it will eliminate its insurance, reinsurance and investment exposure to coal-fired power plants and coal mines. The Bermudian-headquartered company, which also operates Hiscox Re & ILS, has become th...

Shares of Butterfield Bank improved 50 cents, or 1.4 per cent, to $37 after 700 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were up 81 cents, or 2.11 per cent, at $39.16. The Royal Gazette/BSX Index was up...

Bermuda has been given a boost by the arrival of new players in the insurance and reinsurance sector in Bermuda, even amid the turmoil of the Covid-19 pandemic. Mark Allitt, managing director and insurance sector lead at KPMG in Bermuda, said: “2020 ...

Building a business can leave you feeling lonely. Week after week, through all the ups and downs, you start to doubt yourself. You’re tempted to give up. When you’re frustrated, maybe you sign up for a webinar, or pick the most recent bestselling bo...

By now, anyone interested in investing is somewhat aware of the astronomical ascent, descent, ascent, descent and ascent again last week in the value of a small, rather obscure company that markets electronic games, Gamestop. Of course, the company s...

No stocks traded on the Bermuda Stock Exchange as The Royal Gazette/BSX Index remained unchanged on 2,496.64. The BSX Insurance Index climbed 48.55 points, or 2.86 per cent, to close on 1,747.26. Butterfield Bank’s US-listed shares gained $1.35, or 3...

HSBC Bermuda is illuminating its Harbourview Centre with purple lighting for International Women’s Day, which is on Monday. From tonight through to Monday evening, the Front Street façade of the building will be lit up in the official colour of Inter...

- Resilience is the theme for the 17th annual Bermuda Captive Conference, which returns as a virtual event on June 14-15. Conference organisers say the theme reflects the response of the captive industry to a year of unprecedented uncertainty since ...

The Bermuda Chamber of Commerce has added a non-profit category to its divisions of membership. The newly-created division is co-chaired by Jennifer Burland Adams, the CEO of Wavecrest Ltd, and Danielle Riviere, consultant, OD Solutions. The deputy c...

A veteran of the Bermuda and London re/insurance markets is to join Lockton Re as a senior broker within the non-marine retrocession and property specialty team. The company said Simon Moore has nearly 30 years of market experience. He started his ca...