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Bermuda-based insurer and reinsurer Argo has appointed a new head for Latin American business. Jorge Luis Cazar Leon will lead operations insurance and reinsurance operations in central and South America, reporting to Argo’s head of international Jos...

Bank of Butterfield shares yesterday fell 43 cents, or 1.23 per cent to $34.48, on the New York Stock Exchange. The Royal Gazette/BSX Index was unchanged at 2,038.28 after a day of no trading. The BSX Insurance Index closed down 9.40 points, or 0.49 ...

Dear Dave, When you use the envelope system, what should you do with any leftover money? MANDY Dear Mandy, My suggestion would be to carry it over to the next month. Lots of folks don’t use all the money in their clothing envelope during a month. The...

A visible sign of the island’s booming summer can been seen weekly as freight-carrying ships arrive with containers piled higher than usual. The America’s Cup and the accompanying plethora of visiting superyachts, the tall ships’ visit, and the arriv...

Umer Islam has been appointed as leader of EY’s captive insurance practice. Mr Islam, the professional services firm’s Bermuda executive director, has more than 14 years of experience providing assurance and advisory services to insurance and reinsu...

Up to 80 US lawyers are set to visit Bermuda in August after the American Bar Association’s annual conference in New York. The ABA has chosen the island for a four-day break following its annual meeting — a first for the organisation and a major boos...

The outlook for Bermuda’s banking system is stable with improving asset quality, strong capital buffers and sound liquidity, which balances profitability challenges, Moody’s Investors Service has said in a new report. The outlook expresses the credi...

The Royal Gazette/BSX Index was unchanged at 2,038.28 after a quiet day. The only activity was trading of a single IRIS Re ILD preferred share, which caused the security to lose 12 cents, or 0.1 per cent, and close at $108.78 Meanwhile, on the New Yo...

Bright colours and eye-catching designs apart, there is a health and wellbeing side to patio umbrellas and outdoor parasols and sunshades. And today, more people are factoring in such considerations when they decide whether to purchase an outdoor sha...

Markel is restructuring its insurance operations to combine two divisions into one. The company, which is based in the US, but which has offices on Front Street, said the new division, to be known as Markel Assurance, would be up and running by the s...