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Consumers paid more for goods and services in June than they did in the same month in 2018. The Consumer Price Index rose 0.7 per cent, year-on-year. The inflation rate year-on-year more than doubled during the month, rising by 0.4 of a percentage po...

Butterfield Bank shares gained 0.9 per cent in Bermuda Stock Exchange trading. The bank climbed 25 cents to close on $27.50 as 285 shares changed hands. Butterfield’s US-listed shares gained 26 cents, or 0.94 per cent, to close on $27.98 on the New Y...

Four aspiring lawyers have joined the two-year legal trainee programme in the Bermuda office of international law firm Appleby. Ashley Bento, Amber Farrington, Kier James and Monica Kelly join the programme, which involves being Called to the Bermuda...

There was a time when Gillian Cross wasn’t getting home until 9pm most evenings. And once the Axa XL human resource manager did get home, she spent much of the evening dealing with office e-mails. “My daughters were 8 and 3 at the time,” Ms Cross sai...

Garden and pet supply store Animal and Garden House is back in business as a web-only operation. Owner Jennifer McCarron closed her bricks and mortar shop on Cemetery Road, Pembroke at the end of June citing rising costs, and a drop in sales that she...

Shares of Butterfield Bank slumped 8.7 per cent in light trading on the Bermuda Stock Exchange. The bank dipped $2.60 to close on $27.25 on the trading of 526 shares. Butterfield’s US-listed shares also fell 43 cents, or 1.53 per cent, to close on $2...

Arch Capital Group Ltd expects a hit of up to $75 million from catastrophes in its third-quarter results. The Bermudian-based re/insurer said today that the bulk of the losses relate to Hurricane Dorian, which devastated parts of the Bahamas las mont...

First Atlantic Commerce, and Core Technologies, today announced a collaboration to enable Core Technologies UnderWriter insurance platform clients to accept online payments. FAC is a Bermuda-based, payment gateway that delivers customised online cred...

Catalina Holdings (Bermuda) Ltd announced today that it has committed £5 million ($6.1 million) in funding to accelerate research into mesothelioma. The Bermudian company, which specialises in acquiring and managing insurance businesses in run-off, i...

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group. He joined the Resolution Life Group in 2017 as executive director of Europe, and before that he was group head of connected insurance ...