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Karolyn Darrell-Burgess has been promoted to safety oversight adviser at the Bermuda Civil Aviation Authority. It is a role she has been working towards for two years through a succession plan prepared by the authority to help grow the careers of you...

Butterfield Bank shares improved 50 cents, or 1.6 per cent, to $31.50 after 3,856 were traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up $1.16, or 3.73 per cent, at $32.28. On the local exchange, a total of 6,000 shares of...

One Communications Ltd has authorisation to buyback up to two million of its common shares this year. The company’s board of directors authorised the repurchase programme, through the open market, which will run to the end of 2019. One Communications...

Calvin Okang Shabazz, a consultant with Bermuda Financial Network, has earned the CAMS designation. After passing the Certified Anti-Money Laundering Specialist exam, Mr Shabazz joins the CAMS graduates listed on the ACAMS.org website. Mr Shabazz has...

Reinsurance prices remained stable in January 1 policy renewals, even in the face of above average insured losses last year — as abundant market capital generally offset upward pricing pressures. Natural catastrophe losses for the first half of last...

NCB Financial Group, the company that owns a majority stake in Clarien Bank, has made a bid to take a controlling interest in Caribbean region insurer Guardian Holdings Ltd. Controlled by Michael Lee-Chin, the Jamaican-born billionaire, NCB has a 50....

Shares of BF&M rose 0.3 per cent in the first trading session of the year on the Bermuda Stock Exchange. The insurer gained five cents to close on $16.25 as 9,000 shares changed hands. Ascendant Group, parent company of Belco, also traded, closing un...

The Mentor Network Committee of the Bermuda Foundation For Insurance Studies switched up its Christmas networking lunch for college students by holding a coached interactive event. The event was held at O’Hara House on Bermudiana Road, courtesy of A...

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 ...