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Almost $190 million of insurance-linked securities have been admitted for listing on the Bermuda Stock Exchange. Three tranches of notes have been issued by Willis Capital Markets & Advisory’s Resilience Re Ltd issuance platform. A $101 million pl...

A subsidiary of Bermudian-based insurance group Randall & Quilter Investment Holdings has bought up a Liechtenstein insurance company from its Swiss owners. R&Q Insurance (Malta) has acquired all the issued share capital of Clariant Insurance AG, own...

The annual Restaurant Weeks programme is set to boost the trade — at a time when restaurants struggle to fill tables in the wake of the festive season. Philip Barnett, head of the Island Restaurant Group chain and also industry spokesman on the Bermu...

The Royal Gazette/BSX Index closed unchanged at 1,962.51. In the only trading of the day, financial services holding company Somers Ltd was unchanged at $13.75 after 190 shares changed hands. On the New York Stock Exchange, the Bank of Butterfield we...

Bermudian-based insurance and reinsurance firm Enstar has bought an engineering company for $91.5 million. The buy-up of US-based Dana Companies, a vehicle drivetrain, sealing and heat management technology specialist, is international operator Ensta...

Technology is set to have a major impact on the hedge fund industry, a global survey due to be unveiled next week has revealed. The news came in advance of a panel discussion on the survey findings to be hosted next Wednesday by the Bermuda branch of...

Natural catastrophes losses last year ticked upwards to $175 billion, the highest level in four years and up two-thirds on the 2015 figure. Only 30 per cent of losses, about $50 billion, were insured, highlighting there has been virtually no change i...

A former manager at a luxury private jet firm has spread her wings with a new business. Jessica Crumley, who worked at Longtail Aviation for several years in customer services, has launched JC Corporate Consultants, a specialist in corporate events, ...

Utilities firm Ascendant rose 40 cents to $7.50 on The Royal Gazette/BSX Index. The move, equal to 5.6 per cent, came after 2,700 shares traded. On the New York Stock Exchange, Bank of Butterfield dropped 28 cents, or 0.86 per cent, to $32.11. The Ro...

In an effort to make things flow more smoothly for customers buying water bottles, Bermuda Waterworks Ltd has opened a drive-through facility. A new access road at the business on Parsons Road, Devonshire, doubles as a drive-through route where custo...