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Shares of Butterfield Bank surged 13.2 per cent on the Bermuda Stock Exchange. The jump came before the release of the bank’s financial results, which recorded net income of more than $40 million for the first three months of the year. Butterfield cl...

There has been substantially reduced demand for public water supply from Watlington Waterworks Limited since the Covid-19 pandemic led to the Bermuda Government declaring a state of emergency on April 4. The company’s management is monitoring the sit...

Bermuda International Long Term Insurers and Reinsurers today announced the appointment of Natasha Scotland Courcy to its board of directors. Ms Scotland Courcy is senior vice-president, general counsel and co-chief operating officer at Athene Life R...

Bermuda Aviation Services Ltd reported a loss attributable to shareholders of $0.1 million for the six months ended September 30, 2019. This compared to a loss of $0.3 million for the comparative period in 2018. Total comprehensive loss was $26,000 f...

Failing to “unlock” economies around the world within the next couple of months would risk a global depression, a Bermudian financial-services firm CEO has warned. Scott Lines, the chairman and chief executive officer of LOM Financial Ltd, urged more...

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...