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Expect inflation and interest rates to climb in the US against the backdrop of a rising tide of support for far-right, populist parties in Europe. That is the outlook of Azad Zangana, senior European economist and strategist at London-based investmen...

Optimism is emerging in the reinsurance industry as pricing declines slow and CEOs see opportunities for growth. That is PwC’s take from the Bermuda Reinsurance conference, sponsored by the professional-services firm in conjunction with S&P Global Ra...

Argo International Holdings has struck a $235 million deal to buy Ariel Re in an all-Bermuda insurance combination. And it appears that job cuts on the island are not high on the agenda for the merged company. A spokesman for Argo said: “Cost savings...

The Bermuda Monetary Authority registered a total of four new insurance companies last month. Zurich Management (Bermuda), Kuvare Life Re, Offshore Reinsurer (Bermuda) and Windhaven Insurance all joined the BMA register. The year to October showed a ...

Sellas Life Sciences Group, a biopharmaceutical company focused on developing innovative immunotherapeutic products to treat a variety of cancers, today announced that it has moved its head office from Switzerland to Bermuda. The company said it has ...

The Bank of Butterfield jumped $1.15 to $28.40 on The Royal Gazette/BSX Index. The rise, equal to 4.2 per cent, came after 5,551 shares traded. On the New York Stock Exchange, the bank’s price rose 40 cents, or 1.4 per cent, to $29. The Royal Gazette...

Shares of Argus Group gained 10 cents, or 2.2 per cent, last week, closing at $4.60 on The Royal Gazette/BSX Index on Thursday. The Exchange was closed on Friday for the Remembrance Day public holiday. Also improving during the week were shares of HS...

There is a strong Bermuda connection to a new book written by women for women, and offering experiences learnt and wisdom gained in a number of business professions. Bermudian Teri Seymour is the author of one of the book’s chapters, while the publi...

Bermudian-based Nordic American Tankers does it not expect the US presidential election to have a negative effect on its operations, it said in a statement. It added that it “will increase earnings capacity substantially” as it expands its fleet of S...

The Royal Gazette/BSX Index today rose 101.20 points to 1,737.13 on a huge move higher for Butterfield Bank — though on very low volume. The index’s 6.2 per cent rise came as Butterfield jumped by $2.25, or 9 per cent, to $27.25 after 800 shares chan...