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OM Juicery has expanded its range and is now offering organic vegan food dishes from its Elliot Street premises. It marks another milestone for the business that was a home-based enterprise only three years ago. Preston James Ephraim, the owner, is s...

Digital asset services firm Bittreo plans to move its operations to Bermuda, according to David Burt’s Twitter account. The company was founded in 2017 in Canada and was originally known as Vancouver Bitcoin, a retail cryptocurrency brokerage. Bittre...

Bermudian-based Randall & Quilter Investment Holdings has completed deals allowing a self-insurer and a captive to exit workers’ compensation liabilities. The first transaction involves an R&Q carrier Accredited Surety and Casualty Company assuming t...

One Communications Ltd was the one stock to trade on the Bermuda Stock Exchange. The telecommunications group remained unchanged on $3 as 930 shares changed hands. The Royal Gazette/BSX Index closed unchanged on 2,047.87. The BSX Insurance Index gain...

The Caribbean Catastrophe Risk Insurance Facility, of which Bermuda is a member, has expanded to 21 countries with Panama the newest participant. The Central American country has purchased parametric insurance cover for excess rainfall. It is the fou...

Climate change is having a growing impact on insurers’ bottom lines. That is the view of German reinsurance giant Munich Re, which highlights an increasing incidence of costly forest fires as a symptom of global warming. In its global catastrophe rep...

Bermudian reinsurers are renowned for providing protection for when the wind blows — but Nephila Capital has struck a deal to provide coverage for when the wind does not blow at all. Nephila, the world’s largest manager of insurance-linked securities...

Butterfield Bank spent more than $8.25 million buying back its own shares during December. The bank revealed the buybacks in a filing with the Bermuda Stock Exchange. Butterfield said it repurchased 254,212 shares for treasury at an average price of ...

Andrew Dicob has joined Axa XL’s excess casualty insurance team as leader for the US North Eastern Region. Based in New York and reporting to Donnacha Smyth, president, Global Excess Casualty, Mr Dicob will work with brokers and clients throughout t...

Butterfield Bank shares improved by $1, or 3.1 per cent, to $33 after 751 traded on The Royal Gazette/BSX Index. In New York, the bank’s shares were up 46 cents, or 1.4 per cent, at $33.43. On the local exchange there was trading of 4,658 shares of A...