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Shares of Butterfield Bank gained in Bermuda Stock Exchange trading. The bank advanced 30 cents, or 0.9 per cent, to close on $33.50 as 6,991 shares changed hands. Butterfield’s US-listed shares gained 13 cents, or 0.38 per cent, to close on $33.97 o...

A petition for the winding-up of telecommunications services firm TeleBermuda International Ltd revolves around a purported debt that the company disputes. The court action was presented at the Supreme Court last month by law firm Carey Olsen Bermuda...

The trucking industry spoke, and Auto Solutions listened. The St John’s Road, Pembroke auto dealership has begun importing the Volvo UD Croner dump truck, and dump and crane truck. The vehicles, made by Japan’s UD Truck Corporation, have long been t...

An agent with Bermuda’s largest real estate company expects commercial property leasing targets to be met this year. Scott Powell, of Coldwell Banker Bermuda Realty, said: “Early signs indicate the year-end figures for 2019 will run in tandem with 20...

Climate-related risks rank number one in Axa’s emerging risk survey, and the company has responded with a new natural hazards risk-modelling service for large international companies. The service, from Axa XL Risk Consulting, is designed to help thos...

Carrie Kelley has joined Ed Broking, the newly-arrived multiline broker in Bermuda. Ed is a global reinsurance, wholesale and specialty broker, which announced last month the opening of its operations in Hamilton, after being giving regulatory approv...

Hamilton restaurants Port O Call and Pearl have closed for renovations, but habitués of the Front Street favourites need not despair. Port O Call, the fine dining eatery with a Wine Spectator award-winning wine list, and the sushi restaurant located ...

Chubb has joined a trend among insurers and reinsurers to pull away from the coal industry, a move hailed as a “game-changer”. It is the first major US-market insurance company to adopt a restrictive policy towards coal-related underwriting and inves...

Consumers paid more for goods and services in April, than they did in the same month in 2018. The Consumer Price Index rose 1 per cent, year-on-year. The rate of inflation declined 0.2 percentage points from the 1.2 per cent measured in March. Betwee...

Gavin Woods has been promoted to the role of partner at law firm Carey Olsen Bermuda. Mr Woods is part of the corporate team at the firm, where he specialises in corporate finance, corporate structuring and insurance transactional and regulatory matt...