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A total of 9,978 shares of Butterfield Bank traded on The Royal Gazette/BSX Index, but with no change to the closing price of $41. On the New York Stock Exchange, the bank’s shares were up 99 cents, or 2.41 per cent, at $42.09. The Royal Gazette/BSX ...

The changing nature of work and emergence of new jobs in the future will be the focus of the keynote speech at the Bermuda Executive Forum in London. The keynote speaker is Euan Davis, associate vice-president of the Centre for the Future of Work Eur...

Arbitrade Ltd has stated it has “title” to 395,000 kilograms of gold bullion, a total that would be worth $15.6 billion. However, the company’s short statement does not mention who has given it title to the gold and under what conditions, nor where t...

The Bermuda market’s relevance to the global reinsurance industry remains undiminished, even as the number of companies on the island has shrunk through consolidation. That is the view of Arthur Wightman, PwC Bermuda leader and regional insurance lea...

Bermuda will have a new publicly traded insurer and reinsurer, as of today. Sirius International Insurance Group, Ltd will trade on New York’s Nasdaq Stock Exchange under the ticker symbol “SG”. The development has come about through Sirius’s previou...

Hiscox Ltd, the Bermudian-based insurer and reinsurer, has set aside $125 million to cover losses from major storms. The company’s trading statement, published today, also highlighted double-digit growth in gross premiums written across all segments ...

The sharp fall in Butterfield Bank’s share price last month resulted in a buying opportunity for the bank, which repurchased $20 million of its shares. The shares had been trading at around $50 until a sudden drop on October 24 following the bank’s t...

A fitness studio is celebrating its first year in its Reid Street studio by offering a day of free classes in December. Alchemy has been in business for seven years and has a staff of six — three personal trainers, two yoga instructors and the front-...

Argo Group International Holdings achieved operating income of $23.5 million, or 68 cents per share, in the third quarter, beating analysts’ estimate of 56 cents. The operating income was 141 per cent higher than the same period last year. Profit for...

A total of 700 shares of Argus Group Holdings were traded on The Royal Gazette/BSX Index, but with no change to the closing price of $3.87. The Royal Gazette/BSX Index was unchanged at 2,425.64, while the BSX Insurance Index was up 17.76 points, or 1...