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Bermudian business executive Deshay Caines has joined Bowring Marsh (Bermuda) Ltd, the international placement specialist of Marsh, as a vice president with responsibility for diversity, inclusion and social impact strategy. She will report to Chris ...

There was trading in 700 shares of Butterfield Bank on The Royal Gazette/BSX Index, but with no change to the closing price of $33. On the New York Stock Exchange, the bank’s shares were down $1.04, or 3.15 per cent, at $32.02. Meanwhile, on the loca...

Retail sales volume increased 5.9 per cent in September, when adjusted for the rate of inflation. It was the third consecutive month of rising sales by volume and value. Overseas online purchases increased substantially. In value terms, imports via c...

Butterfield Bank will close its temporary banking operation at the Rosebank Centre in Hamilton effective next Monday. The Bermudiana Road location has been used periodically during the Covid-19 pandemic to provide in-person banking services to senior...

Strategic Risk Solutions, a provider of independent insurance management and consulting services, which has operations in Bermuda, has expanded its geographic reach with the opening of an office in Switzerland. It also announced that Markus Beck, Geo...

Commercial insurance and reinsurance broker Oneglobal has opened an office in Bermuda. The operation will be led by two veterans of the Bermuda market. Craig Douglas has been appointed as executive director, and will report to Mike Reynolds, group ch...

Everest Re Group Ltd has estimated that losses due to the Covid-19 pandemic will be about $76 million in the fourth quarter, that is the pre-tax net amount primarily relating to third-party lines The group has also announced its preliminary financial...

Bermudian Lekeia Robinson has been promoted to operations manager at financial services company LOM. She joined the LOM in 2010 as a senior operations officer and was promoted to deputy operations manager in 2015. Prior to LOM, Ms Robinson worked at ...

With the turmoil that was 2020 in the rear-view mirror, investors are looking to the future as vaccine distribution begins and the global economic recovery gains traction. In the months ahead, we see reasons for both optimism and caution. On balance,...

An increase in frequency of hurricanes, coupled with additional storm surge flooding due to sea levels rising, would result in financial losses in the United States being 20 per cent greater by 2050 than they are today. That is the finding of report ...