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A new business conference in Bermuda that sold out more than two months in advance will get the island’s conference season under way this month. And 2017 is shaping up to be a bumper year for conferences in Bermuda, with a number of new events on the...

A new smart messaging system to be pioneered on the island as a way to help the deaf and speech-impaired has wider applications, an early investor in company said yesterday. Tim Calveley, who recently retired as Deputy CEO of hedge fund administrator...

The Bank of Butterfield closed up 25 cents at $32.75 on The Royal Gazette/BSX Index. The move, equal to 0.8 per cent, came after 10,325 shares changed hands. On the New York Stock Exchange, the bank was also up — 38 cents, or 1.13 per cent, at $33.87...

Financial services firm Estera has bought up an administration company based in Jersey. Estera — formerly part of law firm Appleby — finalised the deal to take over Morgan Sharpe Administration earlier this week. The new acquisition, which is subject...

The Bermuda Stock Exchange last month launched its “Own Your Share of Bermuda” campaign to raise awareness of opportunities to invest in the island’s public companies. The Royal Gazette is supporting the effort by publishing weekly features on each o...

Ratings agency AM Best has maintained its rating of Bermuda-based Maiden Holdings after the company revealed it would be up to 15 days late in filing its annual report for last year. AM Best said reinsurer Maiden’s long-term issuer credit rating of b...

Butterfield Bank and Mastercard have enhanced the benefits they offer to small and medium-sized businesses. In a statement, the bank and the technology company said they had extended their commitment “to deliver increased value and resources to Bermu...

White Mountains Insurance Group has appointed a new chairman. Manning Rountree, who will also join the Bermudian company’s board, will take over the role from Ray Barrette, who is retiring. Mr Rountree said: “Ray has been an exceptional business lead...

Bermudian-based insurer and reinsurer Axis Capital Holdings is to buy back around $350 million of its preferred shares. The firm said yesterday it would redeem more than 14 million of its 6.875 per cent Series C preferred shares on April 17. The rede...

The Royal Gazette/BSX Index closed unchanged at 1,980.54. Shares in three companies traded, but with no price movements. The Bank of Butterfield was at $32.50 after 107 shares traded. On the New York Stock Exchange, the bank dropped 1 cent, or 0.03 p...