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Banking shares did well on The Royal Gazette/BSX Index. Butterfield Bank was up 75 cents, or 1.9 per cent, at $39.25 after 4,439 traded, while HSBC Holdings improved 30 cents, or 3.68 per cent, to $8.45 after 1,000 changed hands. Shares of BF&M Ltd w...

Some four years after coming into operation, more than 100 applications for review have been made under Bermuda’s Public Access to Information Act. Pati became law in August 2010 but did not come into operation until April 2015. As of March 31, of th...

When the Maskal family founded Bermuda Herbal Tea Products, it wasn’t for the money, it was for the good of humanity. They claim their juices and teas are the natural way to lower high blood pressure, prevent cancer and cleanse the organs, among othe...

Horseshoe Group has announced that Fred LeMoine will succeed Nigel Godfrey as executive vice-president of insurance management services. Mr Godfrey, who is also the group’s CFO, is to retire, effective April 30, 2019, but he will continue to be invo...

A corporate jet that has been used by Argo Group International Holdings appears not to have flown for more than two months since it became a talking point in a proxy battle between the company and activist shareholders Voce Capital Management LLC. Fl...

Shares of Polaris Holding Co Ltd jumped $1.50, or 23.1 per cent, to $8 after 500 traded on The Royal Gazette/BSX Index. Butterfield Bank reported first quarter profit of $51.7 million, and an agreement to buy a banking business in the channel Islands...

Butterfield Bank made a profit of $52 million, or 96 cents per share, in the first three months of the year. That was up from $44.2 million, or 79 cents per share, for the same period a year ago. It has also announced an agreement to acquire Channel ...

Tony Cicio has been appointed chief human resources officer by Bermudian-based Argo Group International Holdings, Ltd. He will report to Mark Watson, chief executive officer of Argo Group, who said: “Our longstanding commitment to invest in our peop...

Reinsurers’ profitability has been in decline over the past five years and the industry’s total capital fell in 2018, according to a report by Willis Re. However, alternative reinsurance capital — including insurance-linked securities such as catastr...

Shares of One Communication improved by 11 cents, or 3.2 per cent, to $3.58 after 4,000 traded on The Royal Gazette/BSX Index. BF&M Ltd was up five cents, or 0.3 per cent, to $16.25 after 2,600 were exchanged. In New York, shares of Butterfield Bank ...