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The Bermuda Stock Exchange last month launched its “Own Your Share of Bermuda” campaign to raise awareness of opportunities to invest in the island’s public companies. The Royal Gazette is supporting the effort by publishing weekly features on each o...

Ratings agency AM Best has maintained its rating of Bermuda-based Maiden Holdings after the company revealed it would be up to 15 days late in filing its annual report for last year. AM Best said reinsurer Maiden’s long-term issuer credit rating of b...

Butterfield Bank and Mastercard have enhanced the benefits they offer to small and medium-sized businesses. In a statement, the bank and the technology company said they had extended their commitment “to deliver increased value and resources to Bermu...

White Mountains Insurance Group has appointed a new chairman. Manning Rountree, who will also join the Bermudian company’s board, will take over the role from Ray Barrette, who is retiring. Mr Rountree said: “Ray has been an exceptional business lead...

Bermudian-based insurer and reinsurer Axis Capital Holdings is to buy back around $350 million of its preferred shares. The firm said yesterday it would redeem more than 14 million of its 6.875 per cent Series C preferred shares on April 17. The rede...

The Royal Gazette/BSX Index closed unchanged at 1,980.54. Shares in three companies traded, but with no price movements. The Bank of Butterfield was at $32.50 after 107 shares traded. On the New York Stock Exchange, the bank dropped 1 cent, or 0.03 p...

Bermuda’s Olderhood Group has signed up with a major US provider of retirement services. It will provide Career Partners International’s Retirement Options, including retirement coach certification and retirement readiness assessments. Bill Storie, c...

A hi-tech platform to help parents prepare their children for the school year has scooped the top prize in a competition designed to promote innovative start-up companies. School Boxes won first place and the people’s choice award for its online site...

The Bermuda High School for Girls is top of the table in this year’s KPMG Investment Challenge. The BHS team The Liabilities has a pot of $119,166, which reflects a 19.17 per cent return on its clutch of investments. The nearest challenger, BFA from ...

Seadrill Limited has reported net income of $127 million, or 26 cents per diluted share, for the fourth-quarter. However, that was less than half the $272 million it achieved for the same period in 2015. For the full year the Bermudian-based offshore...