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Belco’s decision to reduce the amount paid to solar power producers who put electricity back into the grid will effectively stop average customers subsidising wealthier ones. That is the view of Walter Higgins, the power utility’s chief executive off...

Clients frequently spend a lot of time considering their estate plans — and that is particularly the case when it comes to their Wills. They plan meticulously, and their Will is clear about who gets the house and the major assets. However, they give ...

The Royal Gazette/BSX Index closed unchanged at 1,348.16. The sole trading of the day was in utilities firm Ascendant, which also close unchanged at $5.75 after 4,200 shares changed hands. The BSX Insurance Index ended the day down 14.35 points, or 0...

PartnerRe has become the first Bermuda insurer and reinsurer to make an issuance in the euro-denominated bond market. And investors were clamouring to get their hands on the notes, easily outmatching their availability. PartnerRe has priced, through ...

Butterfield Bank is planning to raise about $250 million through an offering of 10.6 million shares in connection with its proposed initial public offering on the New York Stock Exchange. In a registration document filed with the US Securities and Ex...

Industry experts are to speak at a major international conference for the life and annuity industry. Organised by the Bermuda International Long Term Insurers and Reinsurers, the conference will look at key trends and policies affecting the sector. A...

A conference aimed at helping women executives smash through the glass ceiling is to be held next week. The Chartered Professional Accountants of Bermuda will host a women’s leadership conference, the second of its kind, featuring top international s...

Shares of insurance group BF&M rose 10 cents, or 0.6 per cent, to $17.25, after 200 were traded on The Royal Gazette/BSX Index. Fellow insurer Argus dropped one cent, or 0.2 per cent, to $4.04 after 45,122 shares changed hands. The Royal Gazette/BSX ...

Bermuda’s major international insurance companies believe the island needs a new airport to replace the current “decrepit” structure. The Association of Bermuda International Insurers and Reinsurers this morning issued a statement saying it did not t...

The Women’s Legal Network is to host an information session on the art of salary negotiation. The presentation is being given by Sylvia Jones of Elevate Executive Selection, an executive search and recruitment company. Ms Jones will offer advice on t...