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Shares of Ascendant Group, the parent company of Belco, improved by $1.90, or 14.5 per cent, to $15 after 28,500 were traded on The Royal Gazette/BSX Index. Since the beginning of the week the company’s share price has improved by 25 per cent. It ros...

Barack Obama stressed the importance of values and shared many of the principles that served him during his political career at a human resources conference in San Diego. Speaking to an audience of more than 11,000 delegates at the Association for Ta...

A year-long series of events aimed at promoting the professional development of women in the insurance and reinsurance sectors will kick off later this month. When he was appointed to his role as chief executive officer of the Bermuda Insurance Indus...

SwitchWorx has been in business for 20 years — a long time in the fast-changing world of information technology. The company has had to evolve with the developing demands of its customers over the two decades in order to survive and thrive. SwitchWor...

Bermuda’s insurance-linked securities sector is continuing to boom after a year in which it was tested by significant hurricane losses. The Bermuda Stock Exchange ended April with total ILS market capitalisation of $28 billion, a record high for the ...

The annual BFIS Bermuda Summer Intern programme, now in its seventeenth year, commenced this week for six undergraduate students who will spend the next three weeks learning about how the Bermuda insurance industry works, the myriad careers and diffe...

Shares of Ascendant Group rose $1.10, or 9.2 per cent, to $14.95 after 418 traded on The Royal Gazette/BSX Index. Also improving was Argus Group Holdings, up seven cents, or 1.8 per cent, at $3.92 after 8,200 shares were exchanged. Meanwhile, Butterf...

Ross Webber has stepped down as chief executive of the Bermuda Business Development Agency. The BDA announced today that Mr Webber left his position last Thursday but will continue to work with the agency in a consultancy role “through the transition...

Bermudian Jenni Rowntree Estis has been promoted by Guy Carpenter to the role of head of operations, senior vice-president, broking. In this new role, Mrs Rowntree Estis will oversee IT, human resources, finance and client administration services at...

Dear Dave, I’m 28, single, and I just became debt-free. In addition, I make $70,000 a year and have the equivalent of six months of expenses set aside for emergencies. Should I save up to pay cash for a house, or is mortgage debt okay? I’d like to ke...