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Shares of Butterfield Bank were up 55 cents, or 2.86 per cent, at $19.77 on the New York Stock Exchange. Meanwhile, there were no trades on The Royal Gazette/BSX Index, which was unchanged at 1,597.44. The BSX Insurance Index was down 84.82 points, o...

A partnership has been formed between Apex Group Ltd, a global financial services provider that was established in Bermuda in 2003, and fintech company BITE Investments, which provides high net worth investors access to alternative investments. The p...

A total of 12,137 shares of Argus Group Holdings Ltd traded on The Royal Gazette/BSX Index, but with no change to the closing price of $2.25. In New York, shares of Butterfield Bank were down $1.72, or 8.21 per cent, at $19.22. The Royal Gazette/BSX ...

Consumers paid 0.9 per cent more in February 2020 than they did a year previously for the basket of goods and services included in the Consumer Price Index. The level of inflation decreased 0.1 of a percentage point from January 2020. Between Januar...

A disaster relief recovery bond could help the Bermuda Government meet some of the extra borrowing needs it faces as a result of the Covid-19 crisis. Some are floating the idea as a way to also get the community involved in supporting the economic re...

The Royal Gazette/BSX Index closed unchanged on 1,597.44 on a day when no stocks traded on the Bermuda Stock Exchange. The US-listed shares of Butterfield Bank slumped 90 cents, or 4.12 per cent, to close at $20.94 on the New York Stock Exchange as 5...

Somers Ltd remains hopeful that it can complete the agreed sale of Bermuda Commercial Bank after the deal was stalled by the Covid-19 crisis. The financial-services holding company agreed last year to sell BCB to Permanent Capital Holdings Ltd and in...

A summer internship programme will go ahead at Bermuda’s new re/insurer, Convex Re, even if Covid-19 pandemic restrictions mean the intern has to learn to be adaptive “in a work from home environment”. The $1.7 billion start-up, cofounded by insuran...

A discussion the future of the captive market and Bermuda’s role as the world’s leading captive domicile will be the focus of a virtual symposium on Thursday, which is being hosted by the Bermuda Business Development Agency and Captive Review. The ev...

Zurich Bermuda and the Z Zurich Foundation, Zurich Insurance Group’s charitable foundation, have together donated $160,000 to support the community during the Covid-19 crisis. The money has been donated: • To support the KEMH fund for the purchase ...