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Shares of Butterfield Bank rose 2 per cent in Bermuda Stock Exchange trading. The bank’s shares climbed $1 to close on $51 as 1,500 shares changed hands. In New York, Butterfield’s US-listed shares gained 62 cents, or 1.2 per cent, to close of $51.72...

The total value of merger and acquisition transactions in Bermuda more than doubled to nearly $34 billion in the first half of 2018, driven by two major re/insurance takeovers. Bermuda was home to three of the ten biggest offshore deals in the first ...

The Mayor of Miami Francis Suarez is to join David Burt for a “fireside chat” which will begin next month’s multi-industry forum. The Bermuda Executive Forum, being staged in Miami by the Bermuda Business Development Agency, is due to take place on ...

Joanne Richardson has taken over the helm at media insurer Mutual Insurance Company Ltd. The Bermudian company announced that Ms Richardson became its chief executive officer at the start of this month. “Joanne, given her extensive experience with me...

Fourteen Bermudian rising re/insurance stars travelled to New York City as part of a tour facilitated by the Bermuda Under-40s Re/Insurance Group. They spent the week visiting companies in the city and learning about the New York re/insurance market...

Walking into the Boardwalk Café is like stepping back in time. The walls of the vintage-themed eatery in St George’s are adorned with old-style advertisements from decades gone by and an iconic photograph of Marilyn Monroe. The café, located on Water...

Twelve employees of Ascendant Group Ltd have attained the Institute of Leadership and Management Level 5 certificate in leadership and management. ILM is an independent charity that forms part of the City & Guilds Group. It is the UK’s largest mana...

Hamilton Princess and Beach Club has almost tripled its spending on locally sourced ingredients for its restaurants this year to date. In the January to August period of 2018, the hotel more than tripled its spending on local produce, increasing its...

Shares of Argus Group Holdings Ltd slumped 8.4 per cent in Bermuda Stock Exchange trading. The insurer slid 31 cents to close on $3.40, as 112,860 shares changed hands. Butterfield Bank climbed 50 cents, or 1 per cent, to close on $50, as 12,500 of i...

Members of the Association of Bermuda Insurers and Reinsurers made a direct economic contribution to Bermuda of about $843 million in 2017. That was the finding of the group’s thirteenth annual member survey results released today. The survey shows t...