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Athene Holding Ltd’s first-quarter net income fell 30 per cent to $268 million, compared to the same period a year earlier. The Bermudian-based life reinsurer and annuities provider, which is backed by private-equity firm Apollo, said its book value ...

Public feedback is being sought on a proposed Integrated Resource Plan for the island’s energy sector. The Regulatory Authority of Bermuda announced two town hall meetings as it launched the first stage of public consultation on the document, drawn ...

Lancashire Holdings Ltd’s net operating profit rose to $40.5 million, or 20 cents per share, in the first quarter, up from $25.2 million, or 13 cents per share, year-on-year. The Bermudian-based insurer and reinsurer’s profit after tax was $42.2 mill...

Argo Group International Holdings saw its profits fall to $24.8 million, or 71 cents per share, in the first quarter, a 32.4 per cent drop year-on-year. However, the Bermudian-based company achieved an 18 per cent jump in its investment income, to $3...

Bermuda recorded a $198 million surplus in its economic transactions with the rest of the world in the fourth quarter of last year. The surplus narrowed by $75 million from the corresponding quarter in 2016, mostly as a result of a lower surplus bala...

Bermuda’s pioneering work to position itself as the world’s first regulated hub for blockchain business and digital assets was the focus of a series of media interviews and live broadcasts in New York today. Representatives of the BDA joined David Bu...

Clarien Bank is introducing a mobile banking app next week. At the same time it will launch a downloadable digital token app that will allow customers to authorise transactions without using a hard token. The Clarien iBank Mobile app will be availabl...

Butterfield Bank shares rose by 50 cents, or 1.1 per cent, to close at $47.50 after 2,798 traded on The Royal Gazette/BSX Index. Shares of Argus Group slipped by one cent, or 0.3 per cent, to $3.90 after 1,500 were exchanged, while Bermuda Press (Hol...

Relations between the UK and its Overseas Territories have taken “a significant backwards step” following a move to compel the OTs to make their company ownership registries public by the end of 2020. That was the reaction of David Burt, the Premier,...

Standard and Poor’s has upgraded the financial strength rating for Bermudian-based Sompo International Holdings Ltd’s operating subsidiaries to A+ from A. The ratings agency also raised the assessment of the Sompo Holdings Group’s enterprise risk man...