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BF&M Ltd shares rose 90 cents, or 5.3 per cent, to $18 after 1,000 traded on The Royal Gazette/BSX Index. One Communications Ltd slipped five cents, or 1.3 per cent after 2,969 of its shares changed hands. There was also trading in 4,000 shares of So...

The volume of retail sales fell 6 per cent in June, compared to the same month in 2019. This is after adjusting for inflation, which was measured at 1.2 per cent in June. In value terms, retail sales fell 4.8 per cent to an estimated $94.3 million, y...

Bermudian reinsurers expect to pay out hundreds of millions of dollars in claims related to hurricanes and wildfires during the third quarter. RenaissanceRe, Axis Capital and Arch Capital each gave estimates on losses that will impact their third-qua...

The Rocket Pitch competition aimed at helping budding entrepreneurs get their business ideas off the ground is being expanded this year with a sixth business category. Winners and those who finish second will receive $3,000 and $1,000 respectively, w...

Dinos Iordanou and Greg Hendrick are to head up a new insurer and reinsurer called Vantage, trade publications are reporting. Mr Iordanou, former chairman and chief executive officer of Arch Capital Group, will be Vantage’s non-executive chairman, wh...

Bermuda participants are welcome to join a webinar tomorrow that looks at investment opportunities and challenges in medical technology. The event is hosted by BITE Investments and VCP Advisors. Attendees will hear from William Rudebeck, chief execut...

Multimedia store Leisure Time will close its doors for good at the end of the month Economic challenges are understood to be the reason for the decision to shutter the business, on Queen Street, on October 31. Leisure Time opened in November 1994, wh...

Women in Reinsurance is to host a virtual panel tomorrow to review hot topics and insights from the 2020 conference season. The event will start at 4pm and Kathleen Reardon, WiRe director, will moderate the panel of re/insurance experts, comprising: ...

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...