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Kevin O’Donnell, chief executive officer of RenaissanceRe Holdings Ltd, has been elected chairman of the Association of Bermuda Insurers and Reinsurers for a two-year term beginning January 1, 2017. Mr O’Donnell succeeds Stephen Catlin, the XL Catlin...

The Royal Gazette/BSX Index today closed down 22.04 points, or 1.22 per cent, at 1,778.77. The sole trading of the day was in Bank of Butterfield shares, whose price dropped 49 cents, or 1.7 per cent, to $28 after 9,811 shares moved. On the New York ...

Investment firm Bermuda First Investment Company Ltd saw the value of its holdings rise in the third quarter. BFIC, which invests in Bermuda Stock Exchange-listed companies, posted revenue of $0.2 million for the three months eneded September 30 and ...

Two of Bermuda’s most prominent architecture and interior design firms are to move in together. The move comes after Cooper Gardner and The Studio Ltd decided to collaborate, sharing premises and resources, but maintaining their independent businesse...

Four hi-tech all-electric BMW i3 hatchbacks were yesterday handed over to America’s Cup defenders Oracle Team USA. Jimmy Spithill, the Oracle skipper, said: “We’ve got the best rides in Bermuda — I think there are a lot of jealous people on the islan...

The Chinese owner of Ironshore has agreed to sell the Bermudian-based insurer to US giant Liberty Mutual in a $3 billion deal. The US company, which struck the deal with Shanghai-based Fosun International, said it planned to let Ironshore “operate wi...

Reflection. This word is used in a number of contexts such as when you look in a mirror or you sit back and reflect on what is happening in your life and your business. It is meant to convey a sense of examining what is taking place and how one shoul...

Two women executives at financial technology firm Trunomi have won top awards. Bermudian Chia Brewin, who has been with the company two years, joins Anna Mazzone on the Women in Fintech 2016 Power List. Stuart Lacey, Trunomi founder and CEO, said: “F...

Bermuda Aviation Services has notched up net earnings of $689,000 for the six months to the end of September. The figure, which excludes the impact of the end of the BAS Serco contract at the airport and the sale of courier firm IBC, was down by $177...