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Butterfield Bank remained unchanged on $47.75 as 1,000 shares changed hands in Bermuda Stock Exchange trading. The bank, whose US-listed shares fell 2 cents to close on $48.30 in New York, was the only stock to trade on the BSX yesterday. The Royal ...

Bermudian-based insurer Colonial Group International Ltd is set to broaden its market presence in the Caribbean after it acquired a minority interest in Beacon Insurance Company Ltd of Trinidad and Tobago. The partnership agreement, which is subject ...

Blockchain technology company Shyft has pledged to invest up to $10 million in Bermuda over a three-year period, creating new jobs, helping to re-skill workers and investing in local businesses, education and infrastructure. Those are some of the hig...

A 20-strong delegation from Bermuda has been in New York City promoting the island’s pioneering work to regulate the global blockchain industry. David Burt has been at the forefront of the efforts. As he ended two days of activities in the city, The ...

Shares of Argus Group Holdings Ltd fell by six cents, or 1.5 per cent, to $3.85 after 14,100 traded on The Royal Gazette/BSX Index. There was also trading in 2,700 shares of Butterfield Bank, but with no change to the closing price of $47.75. On the ...

A double-pronged solution is in place to help entrepreneurs and small and medium-sized businesses secure the financial backing and support they need to help them succeed. Some have faced a barrier to progress because they do not have sufficient colla...

SOUTHAMPTON, Bermuda — Coral reefs, mangroves and even some fish could soon have their own insurance policies as the industry seeks new ways to boost protection for those affected by the ocean changes wrought by climate change. Warmer sea temperature...

Brent Hoffman has been appointed global head of claims at XL Catlin. He joined XL in 2014 and held the position of general counsel global claims, with a place on the Claims Leadership Team. In his new role he will be responsible for leading claims te...

Bermuda’s pioneering work to regulate the global blockchain industry was praised by delegates to one of the world’s largest cryptocurrency conferences, as New York celebrates “Blockchain Week”. David Burt, the Premier and Minister of Finance, accompa...

A number of executives will leave XL Group in the coming months in anticipation of the completion of the $15.3 billion takeover of the company by Axa, the French multinational insurance company. Susan Cross, chief actuary, and Kristin Gould, general ...