Log In

A special ceremony last night honoured insurance industry professionals who have earned their Chartered Property Casualty Underwriter CPCU designation. Patrice Hill, the chairwoman of new designees for the Institutes CPCU Society’s Bermuda chapter, c...

Butterfield Bank shares fell 50 cents, or 1.3 per cent, to $39.50 after 100 changed hands on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were down $1.59, or 4.02 per cent, at $38.01. On the local exchange, shares of...

Retail sales fell for a sixth consecutive month during August. After adjusting for the 2.9 per cent rate of inflation, the volume of sales was down 4.3 per cent, while the value dropped 1.4 per cent to $97.7 million. The largest sales volume decrease...

People’s pharmacies and toy stores will not be offering Black Friday deals later this week. Tamara Richardson, the manager, said the family business had sought to “enhance the health and wellbeing of everyone in Bermuda”, and it will focus on offeri...

The CFA Society Bermuda has celebrated the awarding for six charterholder certificates. Congratulating the recipients, Shane English, president of CFASB, said: “Their achievement reflects the many years of hard work and dedication which brought them ...

The Bermuda Government’s repurchase of outstanding bonds worth hundreds of millions of dollars is expected to conclude tomorrow as it refinances part of the $2.42 billion net national debt. At the same time, the Government is reportedly preparing to ...

It is 25 years ago this month that PartnerRe set up in Bermuda as a brand new reinsurer with ten employees and $1 billion of capacity. Much has changed over the past quarter of a century as PartnerRe has evolved into a major player with $8 billion of...

Delvin Riley has been recognised for his 40 years of service to Digicel and the Bermuda Telephone Company. The outside plant cable splicer was the longest-serving employee at this year’s long-service awards breakfast event. A total of 22 staff were r...

Bermuda Aviation Services Ltd shares fell by 18 cents, or 10.6 per cent, to $1.52, after 1,300 traded on The Royal Gazette/BSX Index. Also declining was Argus Group Holdings, down one cent, or 0.3 per cent, to $3.49. On the New York Stock Exchange, s...

Bermudian-based New Ocean Capital Management Ltd is now wholly-owned by Axa XL. New Ocean was created in 2013 by XL Group and American-based private equity firm Stone Point Capital, with a focus on providing third-party investors access to insurance-...