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Butterfield Bank shares were 50 cents higher, or 1.4 per cent, at $35.50 after 2,111 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, the bank’s shares were one cent higher, or 0.03 per cent, at $35.82. On the local exchange, 2,...

Bermuda can further improve its world leading position in the insurance linked securities sector, according to David Burt, the Premier. And his view was supported by Ross Webber, chief executive officer of the Bermuda Business Development Agency, who...

Hamilton Insurance Group has named Pina Albo as its new chief executive officer. She will join the company, subject to immigration approval, on February 1. Ms Albo was most recently a member of the board of executive management at Munich Re, where sh...

In a statement this evening, ILS Bermuda has reported on the successful conclusion of the fifth edition of the annual ILS Bermuda Convergence event. The press release read: A record number of over 350 attendees from 12 different countries arrived at ...

Despite uncertainty created for Bermuda’s insurance and reinsurance market by Brexit and the election of Donald Trump as US president, there are still opportunities on the island for the life insurance market. That view will be expressed by Chantal C...

Powerful winds and rain from Storm Ophelia have caused damage in Ireland that has been estimated at up to $1.8 billion. However, another estimate suggests the range of losses is likely to be lower at between $580 million and $940 million. The Enki Re...

Implementing wi-fi in local schools was a topic discussed at the Bermuda Human Resource Association conference, which took place last week at Fairmont Southampton Hotel. Vanessa Hardy Pickering, chief financial officer at Hamilton Re, said: “We have...

Bitcoin has become an investable asset class rather than a digital currency — and it’s a bubble all set to burst. And while the initial coin offerings (ICOs) that launch new cryptocurrencies can potentially be vehicles for fraud, the blockchain techn...

Yulanda Francis has been promoted to the position of president of Horseshoe Re. She will retain her current responsibilities for client serving within Horseshoe Re, with the treasury and underwriting teams reporting to her. Ms Francis will report dir...

Shares of Ascendant Group were 24 cents lower, or 2.5 per cent, at $9.25 after 300 traded on The Royal Gazette/BSX Index. There was also trading of 200 shares of Devonshire Industries, but with no change to the closing price of $5.50. The Royal Gaze...