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The Royal Gazette/BSX Index ended the week almost where it started, even as tens of thousands of shares in three major domestic companies changed hands. Insurer BF&M Ltd was the week’s biggest trader, climbing 40 cents, or 1.9 per cent, to close on $...

A $350 million catastrophe bond that will boost underwriting capacity for Bermudian insurer and reinsurer Axis Capital Holdings has been admitted to listing on the Bermuda Stock Exchange. The BSX also announced on Friday that a €40 million cat bond, ...

Assured Guaranty is suing Puerto Rico’s federal oversight board over its decision to push the Caribbean island’s electric utility into bankruptcy. The Bermuda-based firm insures some of the bonds issued by Prepa, as the utility is known, and the bank...

Shares of Somers Limited were the only ones traded on The Royal Gazette/BSX Index. A total of 5,700 shares changed hands, but there was no change to the closing price of $13. Somers earlier in the day announced it had completed the sale of its entire...

A $70 million cat bond denominated in Japanese yen has been listed on the Bermuda Stock Exchange. The notes are valued at ¥8 billion, about $70.6 million, and have been issued by Shima Re Ltd through the segregated account Hotaru 2. Shima Re is the ...

A $70 million cat bond denominated in Japanese yen has been listed on the Bermuda Stock Exchange. The notes are valued at ¥8 billion, about $70.6 million, and have been issued by Shima Re Ltd through the segregated account Hotaru 2. Shima Re is the ...

Dear Dave, My dad wants me to buy a house on a 30-year loan for him and my mom in my name, and let them make the payments. I’m 24 years old and have a good credit score and a nice apartment. My dad filed for bankruptcy nine years ago, and he’s alread...

Sir John Templeton wrote 16 Rules for Investment Success in 1993. The following is by far the most quoted passage: “The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has uttered among the f...

A revolutionary amphibious boat has made its debut in Bermuda — thanks to the America’s Cup. And the Sealegs boat — fitted with wheels to allow it to drive in and out of the water and used by emergency services around the world — has already attracte...

Acquisitions are on the agenda for American International Group under new chief executive officer Brian Duperreault. Speaking after the company’s annual shareholders meeting in New York on Wednesday, Mr Duperreault said: “I’d love to find great addit...