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The annual BFIS Bermuda Summer Intern programme, now in its seventeenth year, commenced this week for six undergraduate students who will spend the next three weeks learning about how the Bermuda insurance industry works, the myriad careers and diffe...

Shares of Ascendant Group rose $1.10, or 9.2 per cent, to $14.95 after 418 traded on The Royal Gazette/BSX Index. Also improving was Argus Group Holdings, up seven cents, or 1.8 per cent, at $3.92 after 8,200 shares were exchanged. Meanwhile, Butterf...

Ross Webber has stepped down as chief executive of the Bermuda Business Development Agency. The BDA announced today that Mr Webber left his position last Thursday but will continue to work with the agency in a consultancy role “through the transition...

Bermudian Jenni Rowntree Estis has been promoted by Guy Carpenter to the role of head of operations, senior vice-president, broking. In this new role, Mrs Rowntree Estis will oversee IT, human resources, finance and client administration services at...

Dear Dave, I’m 28, single, and I just became debt-free. In addition, I make $70,000 a year and have the equivalent of six months of expenses set aside for emergencies. Should I save up to pay cash for a house, or is mortgage debt okay? I’d like to ke...

If you’re the parent of a child already attending or about to enter college, you probably have a lot on your mind. That’s understandable. College is an exciting time of life, full of big choices and exciting opportunities. But let’s face it, it’s als...

The Relay for Life cancer charity event will this year honour one of its founders, former insurance executive Mike Barnfield. Mr Barnfield, a former chairman of Willis Bermuda, who teamed up with Ron Spencer to bring the 24-hour event to Bermuda in 2...

Teekay Corporation Ltd shares plunged as much as 16 per cent yesterday after the Bermudian-based energy group reported a larger than expected loss. Teekay posted a first-quarter loss of $20.6 million, or 21 cents per share, after reporting a profit i...

Bermuda has a right to speak up and protect its world-leading brand in the face of larger countries and organisations pressuring smaller jurisdictions to accept their compliance regulations. Other offshore financial centres that are also regarded as...

Five stocks traded on the Bermuda Stock Exchange, but none changed value. A string of small trades was topped in value terms by the 40 shares traded in Butterfield Bank, which remained on $47.75. In New York, the bank’s US-listed shares fell 40 cents...