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Bermudian-based Catalina Holdings (Bermuda) Ltd has completed the acquisition of a UK insurer in run-off. Catalina Holdings UK Ltd, the company’s wholly owned subsidiary, has acquired AGF Insurance Ltd from a subsidiary of Allianz SE, following appro...

John Richmond has been appointed managing director of Butterfield Trust (Bermuda) Limited. He has overall responsibility for the management of Butterfield’s Trust business in Bermuda, reporting to Bob Moore, Butterfield’s group head of trust. Mr Ri...

The Bank of Butterfield closed up 15 cents at $25.05 on The Royal Gazette/BSX Index. The move, equal to 0.6 per cent, came after 11,232 shares changed hands. The bank’s price on the New York Stock Exchange was also up, by 15 cents, or 0.59 per cent, ...

Bermuda’s telecommunications sector is stuck in a trend of falling revenues, according to data published by the industry’s regulator. The Regulatory Authority, in its 2017-18 workplan document, published on its website last Friday, revealed that the ...

A 3.1 per cent rise in Butterfield bank’s share price drove The Royal Gazette/BSX Index higher last week. The bank climbed 75 cents to close at $24.75 during the five days of trading as 7,939 shares changed hands. Butterfield’s shares on the New York...

An oil rig supply firm’s redomiciling to Bermuda last month coincided with ongoing initiatives to strengthen the island’s attractiveness to shipping companies and boat owners. Nordic American Offshore, which operates a fleet of supply vessels in the ...

Butterfield Bank rose 15 cents to $24.90 in Bermuda Stock Exchange trading today. The move, 0.6 per cent gain, came after 22,407 shares worth more than $557,000 traded. The bank’s price on the New York Stock Exchange was also up, by 2 cents, or 0.08 ...

Dear Dave, My wife and I are on Baby Step 2 of your plan, and I’m doing an online graduate degree while working full-time. We’re trying to cash flow my education from this point forward after previously taking out student loans. Our household income ...

Shipping firm Island Bargains has a new name and a new overseas partner. The company, now known as Island Shippers, has signed a deal with Florida-based Caicos Caribbean Lines. Island Shippers, part of the Queen Group of companies, has also moved off...

In May 2016 AFL Investments sponsored an International Tax and Planning Seminar for Bermuda Nationals who own US investments, vacation homes and rental property in the US. The sessions were chaired by Joel Schaefer, chief executive officer of AFL Inv...