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Shares of Argus Group Holdings Ltd improved 10 cents, or 2.3 per cent, to $4.50 after 13,398 traded on The Royal Gazette/BSX Index. Butterfield Bank shares improved 25 cents, or 0.7 per cent, to $35 after 831 changed hands. There was also trading in ...

Reinsurance price increases fell short of a hard market during January renewals, say analysts from S&P Global Ratings. In a report released today, the ratings agency said reinsurers were “left wanting more”, but that expectations for rate rises remai...

MIAMI (Bloomberg) — Norwegian Cruise Line Holdings Ltd said bookings have jumped about 40 per cent in the first two months of the year, but that a restart for the beleaguered industry remains months away. More than 80 per cent of the reservations wer...

There’s a new place to eat and enjoy harbour views in St George’s, and it is being led by chef Richard Burchall, who famously created the all-beef Johnny Dog. Munchies by the Sea has opened on the waterfront, at the far end of the former Limelight Lo...

Ten thousand shares of two insurers were traded on the Bermuda Stock Exchange. Argus Group Holdings Ltd remained at a 52-week high price of $4.40, as 9,000 shares changed hands. BF&M Ltd also closed unchanged on a 52-week high of $22 as 1,000 of its ...

PartnerRe’s full-year net income fell to $206 million for 2020, as the company incurred net losses of $397 million related to Covid-19. The profit fell from $890 million in 2019, after what chief executive officer Jacques Bonneau described as a year ...

Bermudian-based Axis Capital Holdings Ltd has named Michael Millegan and Axel Theis to the company’s board of directors. The appointments are effective April 1, the company said. Mr Millegan has been appointed to the board’s audit and compensation co...

Bermuda has attracted billions of dollars of new re/insurance capital over the past year, but the pace of the multiyear growth in third-party structures such as insurance-linked securities has slowed. That is the view of analysts from ratings agency...

Retail sales volume surged 7 per cent in November as local businesses benefited from more on-island spending. With fewer residents travelling during the pandemic, many retailers have seen a pick-up in sales. November was the fifth consecutive month o...

A tool for use in the battle against Covid-19 is now widely available for the benefit of the island’s business community. Germagic Thyme is a water-based liquid, self-disinfecting and antimicrobial coating that its manufacturers say is effective for ...