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An international bid to attract millennials into the insurance business starts tomorrow. The second annual Insurance Careers Month aims to use young professionals already in the business to beat the drum for the industry. Organisers of the event have...

Shareholders of Endurance Specialty Holdings Ltd have backed the company’s $6.3 billion takeover by Japanese insurance giant Sompo Holdings. In a short statement issued on Friday, the Bermudian-based insurer and reinsurer said common and preferred sh...

Butterfield Bank’s share price surged 4.7 per cent last week to propel The Royal Gazette/BSX Index past the 2,000 mark. The bank closed the week at $33.50, up $1.50 during the five days of trading. The spike came as 17,719 shares changed hands. Butte...

Long-time fishing tackle store owner Bobby Rego is to retire — and he’s put his 40-year-old business up for sale. Mr Rego, a prize-winning fisherman, said at the age of 72, it was time to cut bait and sell off his Flybridge Tackle. He added: “After 4...

The sales office has opened for luxury homes at The Cove, part of the massive redevelopment of Morgan’s Point in the West End. And the first of what will be 149 Ritz-Carlton Reserve Residences at the renamed Caroline Bay resort is expected to be comp...

The Royal Gazette/BSX Index today closed unchanged at 2,023.60. Bank of Butterfield shares saw the only trading of the day, unchanged at $33.50 after 1,700 shares changed hands. On the New York Stock Exchange, the bank dropped 61 cents or 1.80 per ce...

Bermuda’s Chubb building is the first on the island to recertify its green credentials using a hi-tech device to measure its performance. Chubb, formerly Ace, uses the Leadership in Energy and Environmental Design dynamic plaque to measure and displa...

The new White House got into a petty argument during its first week in office over the smaller crowd at President Donald Trump’s inauguration versus Barack Obama’s eight years ago. “We have alternative facts,” said Trump adviser Kellyanne Conway. In ...

A total of 42 insurers, including two Class 4 reinsurers, were registered by the Bermuda Monetary Authority in 2016. That was down from the 64 registered during 2015, and the 65 of 2014. KaylaRe Ltd and Harrington Re Ltd were the Class 4 registration...

Bermuda’s important role in the captive insurance sector has been highlighted by the number of island-based executives included in this year’s Power 50 list. Top of the pile is Peter Mullen, chief executive officer of Aon’s Global Captive and Insuran...