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Reinsurance firm Catco has set aside capital to cover potential losses involving a floating production platform at an offshore oilfield in Ghana waters. A statement from the firm said: “This loss reserve covers 100 per cent of the company’s offshore ...

Front Street fixture Flanagans Irish Pub is to boost its online presence as it gears up for a 2017 business boost from the America’s Cup. But Chris Garland, one of the three directors of Harbourside Holdings, which also owns the Outback sports bar an...

Vision. When we use the word vision we most often think of our eyes. We are taught from a young age to protect our eyes and take precautionary measures to ensure our eyes can serve us well through our lives. Consistent with that definition is taking...

An air conditioning firm has challenged other companies to take on young Bermudians for summer training schemes. Brendan Stones, general manager at Air Care, one of the island’s biggest AC and mechanical services operations, said the company had prov...

A new forum for women in business is set to launch. The brainchild of Stephanie Lee, founder of online optimisation company SocialLEE, said the Women who Own and Manage Business — Bermuda group started as an online group. But the WOMB Facebook group ...

The Bermuda Underwater Exploration Institute is to unveil its new-looking meeting spaces for rent next month. Now the modernised meeting spaces will be unveiled to an invited audience next month. Mel Ferson, director of the BUEI, said the new-look me...

The Bank of Butterfield’s share price remained at $23.50 in Bermuda Stock Exchange trading today, as more than 24,000 of its shares changed hands. On the New York Stock Exchange, Bank of Butterfield shares rose 5 cents to $24.55. The bank’s preferenc...

Bermuda is “a step ahead” of the UK as it grapples with its exit from the European Union. Ariane West, a partner in law firm Taylors, in association with Walkers, said the island’s self-negotiated Solvency II equivalency status in Europe and work to ...

The Royal Gazette/BSX Index shot up by 14.4 per cent last week as Butterfield Bank’s initial public offering in New York had positive repercussions for the island’s stock market. Trading was dominated by Friday’s events, which saw Butterfield shares ...

Butterfield Bank is eyeing acquisition opportunities in the trust industry after a successful debut for its shares on the New York Stock Exchange. Michael Collins, Butterfield’s chief executive officer, said the money the bank raises from the initial...