Log In

Shares of Ascendant Group fell by 15 cents, or 0.9 per cent, to $16.75 after 4,900 traded on The Royal Gazette/BSX Index. There was also trading of 9,300 shares of Butterfield Bank, but with no change to the closing price of $31. In New York, the ban...

Axis Capital Holdings Ltd chairman Michael Butt has been inducted into the International Insurance Society’s Hall of Fame. He has also been named the 2019 Insurance Hall of Fame Laurette, and will be honoured at the IIS Global Insurance Forum’s gala ...

Argus Group shares fell 4.1 per cent on the Bermuda Stock Exchange’s last trading day of 2018. The insurer fell 15 cents to close on $3.50 on the trading of 2,000 shares on Monday. The Royal Gazette/BSX Index closed down three points, or 0.15 per cen...

Bermuda’s economy is facing challenges on multiple fronts as it heads into 2019. A potent combination of increasing taxes, growing external threats to the island’s international business sector from the likes of the European Union, consolidation in t...

Hannover Re’s Bermudian-domiciled Kaith Re vehicle has issued a $10 million private catastrophe bond transaction to cover California earthquake risk. The Artemis.bm alternative risk transfer news website reported that the so-called “cat bond lite” tr...

Digicel’s group chief executive officer has died while on vacation in his native Germany. The Bermudian-domiciled international telecommunications company revealed that Alex Matuschka Von Greiffenclau died last Thursday at the age of 47. His death ca...

This is the time of year for annual reckonings and predictions by strategists and analysts, illustrating little more than that they know what pleases their employers and that their powers of prognostication are nonexistent. And yet, full of bravado a...

We are told experiences are supposed to make us happier than stuff — turns out that may apply mostly to the affluent. The famous marshmallow test that predicts future success, based on which children can resist an immediate treat? That research has s...

Dear Dave, I’m almost debt-free, and I’ll be finishing my master’s degree soon. I’m not from this country, so I’ll be returning home in the next three to five years. Considering my situation, would investing in the stock market be a good idea? I’ve b...

Enstar Group Ltd has completed its acquisition of a US subsidiary of fellow Bermudian-based company Maiden Holdings Ltd. Enstar, a company that specialises in acquiring and managing companies and portfolios in run-off, said last night it paid out $27...