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Shares of BF&M Limited improved by one cent, or 0.1 per cent, to $17.01 after 300 traded on The Royal Gazette/BSX Index. HSBC Holdings dropped $1.15, or 10.64 per cent, to $9.65 after 1,600 shares were exchanged. There was also trading in 325 shares ...

Paul Bailie has been appointed head of Willis Towers Watson PLC’s Bermuda Captive practice. Mr Bailie has worked in the captive insurance industry for 30 years, and has previously held a variety of leadership roles, including with JLT Insurance Manag...

HSBC Bermuda’s value to the global banking group was underlined by a 38 per cent improvement in profits during 2017. The full-year results also give an insight into Bermuda’s economic activity and confidence levels. The bank’s non-performing loans dr...

“Why spend time shopping when we can do it for you” is the motto for a personal shopping business started by a local woman to assist those who need extra support. Bermuda Overseas Personal Shopper, based in St David’s, was established by Trina Rober...

XL Group is being bought by French multinational insurance company Axa in a $15.3 billion deal. The merger agreement has been unanimously approved by the boards of Axa and Bermudian-based XL Group. XL shareholders will receive $57.60 per share under ...

Butterfield Bank shares were unchanged at $45.70 on the New York Stock Exchange, and also unmoved at $45 on the The Royal Gazette/BSX, where 2,141 of Butterfield’s shares were traded. The local exchange was unchanged at 2,536.71. The BSX Insurance In...

NEW YORK (Bloomberg) — Axa SA is in advanced talks to buy Bermudian-based XL Group Ltd, people familiar with the matter said. A deal could be announced in coming days, said the people, who asked not to be identified because the matter isn’t public. P...

HSBC Bermuda made a profit of $162 million last year, an increase of $45 million, or 38 per cent, year-on-year. Once the impact of notable and one-off items were deducted, the adjusted net income was $140 million, up 22 per cent for the year. Adjuste...

Historical data show that stocks tend to post strong performances during periods of rising interest rates but only below-average results when inflation is rising or above average. This counterintuitive dynamic was explained by Warren Buffett in 1977 ...

Bentley Friendly Society has lobbied David Burt, in his capacity as finance minister, to allow it to sell motor insurance policies covering third-party liability. The organisation is encouraged by the Progressive Labour Party government’s support for...