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Hardware and home goods store Gorham’s is to open on Sundays — and create nine new jobs to cover the extra hours. Andrew Mackay, general manager of Gorham’s, said customers had requested for years that it open both days of the weekend. He added: “We ...

When Star Wars actress Carrie Fisher died in December, it triggered what is thought to be the largest single personal accident insurance claim payout ever. And among the more than 20 carriers that jointly covered Disney’s insurance policy on Ms Fishe...

A $125 million catastrophe bond covering some of the risks of the body responsible for public transport in New York has been listed on the Bermuda Stock Exchange. It is the second issuance from MetroCat Re, the Bermuda-domiciled special purpose insur...

Mark Smith, the chief financial officer of island-based Enstar Group, will step down from his role at the end of this year. Guy Bowker, Enstar’s chief accounting officer and deputy CFO, will succeed Mr Smith in the CFO role from the start of 2018. Mr...

The annual BFIS Bermuda Summer Intern programme, now in its sixteenth year, started this week for six undergraduate students who will spend the next three weeks, through June 9, learning about the Bermuda insurance industry in depth — from how to for...

The Bank of Butterfield today dropped $1 to $32.50 on The Royal Gazette/BSX Index. The 3 per cent fall came as 3,750 shares traded. On the New York Stock Exchange, the bank slipped 1 cent or 0.03 per cent to $33.29. Insurance firm BF&M remained at $2...

The Royal Gazette/BSX Index closed flat for the week as Butterfield Bank’s advance offset falls for four domestic-board companies. One Communications, the telecommunications group, was both the biggest faller and the most actively traded stock on the...

NEW YORK/LONDON (Reuters) — Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry”, insurers say. Cyber insur...

Water tours operator Sail Bermuda has doubled its fleet with a new 47-foot catamaran. The refitted Wyuna joins the existing traditional monohull yacht Shekynah in the firm’s fleet. Caleb Zuill and wife Marilyn, who run the company founded by his fath...

Shares of energy utility Ascendant Group, the parent of Belco, improved by 25 cents, or 3 per cent, to $8.50 after 17,300 traded. The Royal Gazette/BSX Index closed at 2,043.76, up 2.41 points, or 0.12 per cent. On the New York Stock Exchange, shares...