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Shares of Butterfield Bank were up 20 cents, or 0.4 per cent, at $51.20 after 2,120 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, Butterfield’s shares were up 17 cents, or 0.33 per cent, at $51.69. Meanwhile, on the local exc...

One Communications made a profit of $7.2 million, or 18 cents per share, during the first six months of the year. That compares with $8 million, or 17 cents per share, for the same period a year ago. For the first half of the year the telecommunicati...

Blockchain initiatives are being pursued by four out of five companies that were surveyed by PwC. Insurers and reinsurers are among those exploring the technology’s potential to transform the industry. The topic was raised at the Reinsurance Rendez-V...

Bermuda could spark a “reinsurtech” revolution, which combines insurtech with the island’s reinsurance expertise, according to panellists at an industry round table of experts hosted by AdvantageGo. The panel also noted he business environment on the...

A single, seamless space insurance policy that covers physical damage to all satellite and launch vehicles in pre-launch, launch and orbital deployment phases has been created by XL Catlin. The Bermudian-based company is aiming the new insurance poli...

US tax reform does not mean the end for Bermuda as a reinsurance domicile — but the new tax rules have sparked changes in the way that some risks are being managed. That was one of the takeouts from the AM Best webinar on “The State of Global Reinsur...

An optimistic view of the reinsurance market against the context of an industry in flux has been expressed by Emmanuel Clarke, chief executive officer of PartnerRe and Charlie Goldie, CEO of PartnerRe’s P&C. They spoke at a press event at the Monte C...

Bermudian reinsurer RenaissanceRe has been working with insurtech firm Piprate and broker Tiger Risk Partners on a data-sharing platform based on blockchain technology. Irish company Piprate said today that it successfully completed its first commerc...

After a number of previous successes, the Ice House Entrepreneurship programme returns to Hamilton this month to provide education and guidance for students with ambitions to run their own enterprise. The programme was introduced to Bermuda in 2015 a...

Bermuda Press (Holdings) Ltd was the biggest gainer in Bermuda Stock Exchange trading today, its shares climbing 3.8 per cent on unusually high volume. Shares of BPHL, which owns The Royal Gazette, as well as commercial printing, real estate and reta...