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Shares of Argus Group improved by 55 cents, or 13.6 per cent, last week to close at $4.60 on The Royal Gazette/BSX Index. A total of 6,300 shares in the company were traded. It was also a good week for Butterfield Bank’s stock, which was up 25 cents,...

The insurance bill for Hurricane Nicole could be less than that for the double whammy of Fay and Gonzalo two years ago. But island insurers said it was still early days for estimating total costs — and that the Category 3 Nicole could lead to an incr...

The Royal Gazette/BSX Index was yesterday unchanged at 1616.88. Insurance firm Argus was unmoved at $4.60 after 3,200 shares changed hands. The Bank of Butterfield was also unchanged at $25, after 500 shares sold. The bank’s price on the New York Sto...

Top lawyer and head of legal firm Appleby’s dispute resolution team Kiernan Bell is to retire. Ms Bell, who has been with Appleby for 23 years, is to step down next April and will be replaced by John Wasty, who specialises in commercial dispute resol...

Appleby’s Bermuda corporate team has been ranked tier one in the International Financial Law Review 1000 Rankings, an exclusive leading lawyer directory that brings together individuals recognised by their peers and clients. In addition to maintaini...

A subsidiary of insurance firm Argus Group has been awarded chartered insurer status by the top professional body for the industry. The Chartered Insurance Institute gave the award, an exclusive title only given to firms that meet the highest standar...

Dear Dave, My mom is 95 years old, and she’s in amazing health. Financially speaking, she has about $150,000 in Certificates of Deposit, money market accounts, and savings bonds. Is there a better place she can invest her money? ANONYMOUS Dear Anonym...

A Bermuda interior designer is the first non-US supplier for a new range of furniture handcrafted in developing countries. Gregory Nelmes, who runs Gregory Nelmes Home for retail and an interior design consultancy in St George, said he spotted the Im...

Catalina Holdings (Bermuda) Ltd, an acquirer of businesses in run-off, made after-tax net income of $57.2 million last year — an increase of 32 per cent from the previous year. The fast-growing company, which was launched on the island in 2005 by Chr...

The Bermuda Government is in the process of refinancing about $276 million of debt. It made a cash tender offer to holders of its 5.603 per cent senior notes, which are due in 2020, and is set to pay out early on about half of the $500 million of not...