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The efficiency of the Department of Immigration in dealing with work permit applications was one of the topics discussed in talks involving government officials and the body that represents the island’s international re/insurance industry. Wayne Cain...

Butterfield Bank’s board of directors has authorised the repurchase of up to 2.5 million of its shares over the next 15 months. Michael Collins, the bank’s chairman and chief executive officer, said: “Deploying capital to repurchase shares provides t...

Butterfield Bank shares fell five cents in Bermuda Stock Exchange trading. The bank slipped 0.1 per cent to close on $35.15 as 110 shares traded, on the day it announced a new buyback programme authorising the repurchase of 2.5 million of its shares....

AXA XL today announced that Shellé Hendrickson has been appointed as head of healthcare in its Bermuda insurance business. Ms Hendrickson succeeds Vivienne Moniz who was recently promoted to head of excess casualty, Bermuda. In her new role, Ms Hendr...

John Narraway has received a nomination for outstanding achievement in technology from the Government of Ontario, Canada. The Premier’s Awards honour the important social and economic contribution that college graduates make to Ontario and throughou...

Arbitrade was granted permission from the Bermuda Government as it acquired Victoria Hall, which is to be its global headquarters. A subsidiary of the cryptocurrency exchange and coin company amalgamated with a local company and gained government cle...

American International Group has appointed Mark Lyons to the role of executive vice-president and chief financial officer. He succeeds Sid Sankaran, who will remain at AIG in an advisory capacity through the year-end reporting process for fiscal year...

Horseshoe Fund Services is partnering with private equity and venture capital platform of AltaReturn, a leading provider of cloud-based, end-to-end software solutions for the private equity, venture capital and real estate industries. Brian Desmond, ...

More than 40 Bermuda lawyers have been listed in the IFLR 1000, a guide to the world’s leading financial law firms. Conyers Dill & Pearman has 14 lawyers on the list, while Appleby is the next best with 11. Tier 1 law firms are Appleby, Conyers and C...

Butterfield Bank shares fell $4.80, or 12 per cent, to $35.20 after 870 traded on The Royal Gazette/BSX Index. BF&M Ltd improved by 35 cents, or 2.2 per cent, to $16.40 after 423 shares were exchanged, while HSBC Holdings Plc fell 15 cents, or 1.76 p...