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The Royal Gazette/BSX Index closed the day where it began, at 2,723.61, as no stocks traded on the Bermuda Stock Exchange. In New York, Butterfield Bank’s US-listed shares fell 13 cents, or 0.27 per cent, to close on $48.21.

The Chubb Select programme has named the six Bermudian students for its 2018 internship. The ten-week programme, now in its sixth year, will provide the students with the foundational competencies necessary to build their career and a well-rounded kn...

The Bermuda Foundation for Insurance Studies Mentor Network Committee held a 60-minute networking event for 35 undergraduate students keen to learn more about the insurance industry. Students were given the opportunity to sit down with insurance prof...

German insurance giant Allianz has been eyeing two Bermuda insurers as potential takeover targets after it lost out on a deal to acquire XL Group Ltd, according to an international business news service. Bloomberg News reported that Argo Group Intern...

Captive insurance organisations are under pressure to keep up with evolving risks, amid mounting regulation, and are experiencing difficulty finding professionals with the right skills. Those were some of the challenges expressed to AM Best TV in a s...

From refugee to chief executive officer, Derreck Kayongo had a remarkable tale to tell at the Bermuda Captive Conference. A key moment in that story occurred when he checked into his first US hotel. At that time the country was throwing away 800 mill...

Clarien Bank said today it would raise its Bermuda dollar mortgage rates by quarter of a percentage point, while Butterfield will increase Bermuda dollar corporate loans and US dollar loans by the same amount. The announcements came after the US Fede...

Shares of Ascendant Group Ltd and Butterfield Bank rose in Bermuda Stock Exchange trading. Ascendant, which owns power utility Belco, gained 5 cents, or 0.3 per cent, to close on $15.85, as 10,000 shares traded. Butterfield climbed 50 cents, or 1.1 p...

David Furby, who was president of Bermudian-based Ace Tempest Re Group between 2002 and 2005, is to lead Chubb in the European region. Mr Furby has been named as regional president, European Group, and takes on his new role on July 1. He is currently...

Rosemont City Place units are now up for sale with a starting price of just over $1 million. Nikki Thomas, real estate assistant at Coldwell Banker Bermuda Realty, said the properties have been on the open market since the beginning of last month and...