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Steve Arora has been named chief executive officer of AXIS Re. He has joined the company from Swiss Re, where he worked for 18 years in a variety of senior positions, most recently as head of casualty reinsurance and as a member of the reinsurance e...

Shares of One Communications jumped nine cents, or 3.1 per cent, to $2.99 after 2,000 traded on The Royal Gazette/BSX Index. Butterfield Bank shares improved by 35 cents, or 1 per cent, to $35.85 after 950 changed hands. On the New York Stock Exchang...

Bermudian law firm Sedgwick Chudleigh Ltd is to become Kennedys Chudleigh Ltd after it joined London-based Kennedys’ global network. Partner Mark Chudleigh, who is a dispute resolution specialist with a strong emphasis on insurance matters, will lead...

Bermudian-based start up Trunomi has been announced as the overall winner in the Barclays Fintech Awards. The Fintech Award recognises companies in the ThinkRise community that are disrupting the financial industry. Trunomi Founder and CEO Stuart La...

NEW YORK — Thursday marked the 30th anniversary of the 1987 stock-market crash, which happened to fall on a Monday. That day — Black Monday — still stands as the biggest percentage loss in the history of the Dow Jones Industrial average, with a 22.6 ...

Dear Dave, What’s the difference between a credit union and a bank? JAKE Dear Jake, A bank is owned by stockholders. When the bank makes a profit — and they should make a profit — the stockholders, who are owners of the company, get that profit. It c...

Transitions, a practice offering psychology and psychotherapeutic services, has been through its own transition since last year’s major fire on Front Street destroyed its former home. Employees of Transitions, a company that has been in business for ...

Willis Bermuda and its parent company Wills Towers Watson, recognise that being sensitive to diverse cultural barriers while celebrating differences is an important part of the workplace environment. Paul Scope, chairman of Willis Bermuda, said: “As ...

BF&M Ltd shares were 75 cents lower, or 3.9 per cent, at $18.30 after 100 traded on The Royal Gazette/BSX Index. Some 700 shares of Butterfield Bank changed hands, but with no change to the closing price of $35.50. On the New York Stock Exchange, the...

The inflation rate jumped to 2.3 per cent in August, up 0.6 of a percentage point from a year ago. And between July and August, the average cost of goods and services in the consumer price index edged up 0.1 per cent. A basket of goods that cost $100...