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Resolution Re has donated $10,000 to the Lady Cubbit Compassionate Association to provide additional funding to their general assistance programme. The funds will be used to provide food vouchers during this Christmas period. Veronica Harvey, execu...

Prehistoric shark teeth, pink sand sprinkles, jewellery – the Bermuda National Trust Christmas pop-up shop is full of unique, locally made items. The fourth annual pop-up, opened at the BNT’s Waterville headquarters in Paget, will run up until Christ...

Re/insurer Aspen Insurance Holdings Ltd has appointed Richard Lightowler to its board as a non-executive director. Mr. Lightowler is currently a non-executive director of Oakley Capital Investments Ltd and Hansa Investment Company Ltd. Mr Lightowle...

Shares of Butterfield Bank plunged 15.2 per cent in Bermuda Stock Exchange trading. The bank dived $5 on the trading of 900 shares to close on $28. Butterfield’s US-listed shares gained nine cents, or 0.29 per cent, to close on $31.29 on the New York...

ILS Bermuda has launched an internship programme to give Bermudian students a taste of work in the burgeoning insurance-linked securities industry. The group, which promotes economic development through the growth of ILS and alternative risk transfer...

Polaris Holding Company Ltd, which owns Hamilton docks operator Stevedoring Services Ltd, has deferred payment of dividends to shareholders. Directors of Polaris took the unanimous decision in a board meeting yesterday, Polaris said in a regulatory f...

Fidelis and Ascot Group have added a combined $585 million to the capital flowing into the re/insurance market. Ascot yesterday priced a $400 million debt offering of ten-year senior notes at 4.25 per cent. Fidelis said today it had raised $185 mill...

Hamilton Insurance Group has entered the environmental insurance market. John Termini, who joined Hamilton from Markel last month, will lead the new unit as US head of environmental, the company said today. Mr Termini has been focused on building ou...

Commercial real estate investment and management company West Hamilton Holdings Ltd saw its total revenue decrease slightly during the past year to $3.1 million. Its net operating income improved to $1.9 million, up 13.9 per cent, year-over-year. How...

Bermuda’s newest five-star hotel is to begin the hiring process in January for its April opening, the property’s developer has revealed. Laura Purroy, general manager of Hotelco Bermuda Holding Ltd, said the beachfront St Regis Bermuda Resort in St G...