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Hiscox is considering raising capital to take advantage of hardening rates in the wake of the Covid-19. The announcement comes as the company faces potential legal action from hundreds of policyholders who dispute Hiscox’s denial of their coronavirus...

A total of 2,000 shares of Ascendant Group, the parent company of Belco, traded on The Royal Gazette/BSX Index, but with no change to the closing price of $30.25. On the New York Stock Exchange, shares of Butterfield Bank were up $1.87, or 9.2 per ce...

Argo Group International Holdings Ltd warned that it will book about $26 million in losses related to the Covid-19 pandemic in its first-quarter results. The Bermudian-based re/insurer said some of the losses related to business interruption coverage...

Shares of One Communications Ltd and Ascendant Group Ltd traded on the Bermuda Stock Exchange. One, the telecommunications group, remained unchanged on $4 on the trading of 15,000 shares. Ascendant, parent company of electricity utility Belco, was al...

Ascendant Group Limited was the only stock to trade on The Royal Gazette/BSX Index, with 1,500 shares changing hands, but with no impact on the closing price of $30.25. On the New York Stock Exchange, shares of Butterfield Bank were up $1.37, or 7.47...

Carey Olsen Bermuda partner Keith Robinson has been elected as a Fellow of the American College of Trust and Estate Counsel. Actec is a trusts and estates lawyer organisation in the United States, with fellows in all 50 states as well as from 16 othe...

Dear Dave, I’m debt-free except for my home, and it is all because I started following your plan four years ago. I’m even on track to pay off my mortgage in eight years. With all the scary economic news out there, I’d love to talk to my family about ...

Many small retailers could be in “dire trouble” if their stores remain shuttered throughout May because of the Covid-19 pandemic and shelter-in-place regulations, a shop owner has warned. The businessman said he had built up a contingency fund over s...

The Covid-19 crisis will be historic for the insurance industry, said Evan Greenberg, chief executive officer of insurer Chubb. The virus and its ripple effects will impact both the asset side and the liability side of the balance sheet, he said. “Th...

This is the final part in a series of articles provided by Chartered Financial Analysts Society Bermuda, offering some timely guidance on aspects of financial literacy during these challenging times and the second part of an article on understanding ...