Log In

Women in Reinsurance is hosting a salary negotiation seminar next week to help industry professionals learn strategies and techniques to assist them in negotiating their compensation packages. The lunchtime presentation will be led by Sylvia Jones, d...

Veteran charter boat operator Leon Raynor lost his flagship Sally Bum Bum in the double whammy hit by hurricanes Fay and Gonzalo in 2014. But now he’s launched a bigger replacement — a 55-foot yacht called the Big Bum Bum with a capacity of 48 passen...

Island craftsman Jon Faulkner is to go back to his roots with a new venture in Dockyard. Mr Faulkner, who has worked in pottery for around 30 years, is opening the Jon Faulkner Gallery in the Bermuda Clayworks building. He said: “Bermuda Clayworks wi...

RenaissanceRe has increased its dividend for the 22nd consecutive year. The Bermudian reinsurer announced that its board had decided to raise the quarterly payout to 32 cents per share from 31 cents. The next dividend will be paid on March 31 to shar...

XL Group’s chief financial officer, Peter Porrino, is to retire at the end of April, although he will continue to work part-time as an adviser to group CEO Mike McGavick. He will be succeeded by Stephen Robb, group controller. Mr McGavick said: “Pers...

The Bank of Butterfield dropped 60 cents to $32 on The Royal Gazette/BSX Index today. The 1.8 per cent fall came after 276 shares traded. On the New York Stock Exchange, the bank dropped 52 cents, or 1.58 per cent, to $32.51. Insurance firm Argus was...

Butterfield Bank’s biggest shareholder, The Carlyle Group, is a step closer to exiting its position with the bank. A public secondary offering of common shares in the bank, including an additional offering to the underwriters, includes all 7.6 millio...

Insurers BF&M and Argus Group fell on The Royal Gazette/BSX Index. It was a drop of 20 cents, or 4.2 per cent, to $4.55 for Argus after 130,000 shares traded. While, BF&M lost 25 cents, or 1.2 per cent, to close at $20.50 after 36,176 shares were exc...

Sneaker giants adidas is to bring back a retro design — with a Bermuda touch. The adidas Bermuda sneaker, first seen in the 1970s, has been reborn as part of the company’s Originals range of classics. According to sneaker websites, the design will fi...

Bermuda leads the way as the world’s top jurisdiction for captives, with more than 780 on the island. But it is not resting on its laurels. It did that before, but learnt a lesson. Today, vigilance and awareness are uppermost in the mind of Grainne R...