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The only stock to trade on The Royal Gazette/BSX Index was Somers Limited. The shares improved 50 cents, or 3.3 per cent, to $15.50 after 1,200 changed hands. On the New York Stock Exchange, shares of Butterfield Bank were up 12 cents, or 0.39 per ce...

Butterfield Bank will reopen its temporary banking centre at Rosebank Centre, in Hamilton, to serve seniors and physically challenged clients. The bank opened Rosebank, on Bermudiana Road, temporarily as part of Bermuda’s Phase 1 reopening period la...

Rims, the risk management society, has named Ellen Dunkin as its new president for 2021. She is the Society’s 67th president, and succeeds Laura Langone, who served in the role last year. Ms Dunkin said: “Risk professionals from around the world met ...

Penalties totalling $400,000 has been imposed on Crown Global Life Insurance Ltd, and Crown Global Life Insurance (Bermuda) Ltd, by the Bermuda Monetary Authority. The civil penalties are pursuant to the provisions of section 20 of the Proceeds of Cr...

Insurance and reinsurance group Premia Holdings Ltd, which has operations in Bermuda, has formed Elevation Re (SPC) Ltd, a sidecar vehicle which will provide collateralised reinsurance support for Premia’s activities in the global P&C run-off market....

Zurich Bermuda has earned a gold designation under the Bermuda Mental Health Foundation’s Mindful Employer Certificate programme. The Foundation found that Zurich’s existing workplace policies in the areas of human resources, employee benefits -inclu...

An oil tanker owned by Bermudian-based Nordic American Tankers was being refuelled in the Persian Gulf on Friday when a limpet mine was discovered on a ship that was providing the fuel transfer, according to a report by Associated Press It said the N...

Readers, The Dawn of New Beginnings: Book one of the Bermuda Islander Financial Planning Primer series, steps 1-10, Your Personal Investment Review, can be found at https://www.royalgazette.com/bermuda-islander/ This is the inception of a new monthl...

Shares of Butterfield Bank climbed 90 cents, or 3 per cent, to $31 after 4,346 traded on The Royal Gazette/BSX Index yesterday. The Bermuda Stock Exchange was closed today for the New Year’s Day bank holiday. Also yesterday, BF&M Ltd fell five cents,...

Britain has drafted an order-in-council laying out how it expects its Overseas Territories to set up publicly accessible registers detailing beneficial owners of companies. However, Wendy Morton, a Foreign Office minister, said in the House of Common...