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Chubb Limited has posted a second quarter profit of more than $1.3 billion — up more than 79 per cent on the same period last year. The figure is equivalent to $2.77 per share, compared to the $1.54 per share on profit of $726 million in the second q...

Bermuda Aviation Services rose 20 cents to $2.20 on The Royal Gazette/BSX Index. The increase, equal to 10 per cent, came after 12,400 shares traded. The Bank of Butterfield went up 15 cents, or 0.4 per cent, to $34.25 after 2,050 shares sold. The ba...

Insurers face $22bn of payouts for natural disasters in the first half of this year, with 76 per cent of losses coming from US events. Aon Benfield’s catastrophe model development team, released its Global Catastrophe Recap: First Half of 2017 report...

Shares worth more than $2.3 million traded on The Royal Gazette/BSX Index last week. Somers Ltd improved by 50 cents, or 3.8 per cent, to $13.50 after 700 traded. Bank of Butterfield edged up 10 cents, or 0.3 per cent, to $34.10 after 61,717 shares w...

Entrepreneurs picked up valuable insight about growing their businesses from international small-business expert, Earl Butch Graves, chief executive officer of Black Enterprise and board member of the Bermuda Tourism Authority. In a 30-minute talk, f...

Top executives at telecoms firm Digicel are in line to leave the company as it pushes ahead with plans to centralise back room management in the Caribbean as part of its Digicel 2030 review. Insiders at other telecoms firms on the island said they ha...

A summer networking event for students keen on a career in information technology is to be held this week. The Technology Leadership Forum will host its annual IT Summer Networking Event at the Royal Bermuda Yacht Club. Students will learn about the ...

A new water park has opened at the site of the old Nine Beaches resort. X20 Adventures opened last weekend at Daniels Head beach and features the island’s first floating obstacle course. A spokeswoman for X20 said: “The convenient location allows a ...

Conyers Dill & Pearman has granted its annual scholarship award of $5,000 to CedarBridge Academy student Israel Bennett. The award aims to recognise both academic and voluntary contributions made by graduating students at the high school. The law fi...

Three funds run by asset management firm LOM outperformed benchmark figures in the second quarter of the year, the firm said today. The LOM equity growth fund delivered a net total return of 4.16 per cent compared to the MSCI world Stock Index, whic...