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Shares of Argus Group Holdings Ltd gained 2.5 per cent in Bermuda Stock Exchange trading. The insurer advanced 10 cents to close on $4.10 as 300 shares changed hands. The only other stock to trade was Ascendant Group Ltd. The parent company of Belco ...

XL Group Ltd posted improved net income of $319 million for the second quarter, but earnings fell short of Wall Street’s expectations. The Bermudian-based insurer and reinsurer, which is in the process of being taken over by French insurance giant Ax...

Bermudian-based Qatar Re is playing a significant role in the growth of its parent company, Qatar Insurance Company, according to the company’s half-year earnings report. Doha-based QIC said its international carriers, the largest of which is Qatar R...

PartnerRe Ltd profits fell by more than a third in the second quarter, as rising interest rates reduced the value of some of the Bermudian reinsurer’s fixed-income investments. The company said net income for the April through June quarter totalled $...

The owner of OM Juicery is extending his business to serve retail customers. Preston Ephraim, who is a fitness, meditation and life coach, has found success supplying cold-press juices and smoothies to clients only. OM Juicery was originally run out...

Shares of Butterfield Bank fell 1 per cent in Bermuda Stock Exchange trading. The bank closed down 50 cents at $49.50 as 18,500 shares worth $915,700 changed hands. Butterfield’s US-listed shares fell 31 cents, or 0.6 per cent, to $49.20 in New York....

Axis Capital Holdings Ltd has launched a new unit to spearhead efforts to partner with entrepreneurial companies expert in data and analytics, who have valuable applications for the insurance industry. Axis Digital Ventures will also be expected to i...

Dear Dave, Why do you think all debt is bad? Aren’t some kinds of debt, like a mortgage or student loans, good? — Nathan Dear Nathan, It sounds like you’re letting me know you think some kinds of debt are okay, instead of really asking for my opinio...

Butterfield Bank shares climbed to the $50 mark in Bermuda Stock Exchange trading yesterday. The bank, which announced second-quarter profits of nearly $50 million on Tuesday, has seen its stock price rise every day since. Today Butterfield gained 25...

Insurance market pricing has dropped off after peaking in January, Lancashire Holdings’ chief executive officer said. The Bermudian-based company reported a pre-tax profit of $32.5 million for the second quarter, down from $38 million in the correspo...