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A total of 21 students were yesterday awarded scholarships by the Association of Bermuda International Companies. The Michelle Outerbridge Memorial Award, named after a former Abic scholar who died in 2000 aged 18 just after starting university in Ca...

The Royal Gazette/BSX Index closed unchanged at 1,205.38. The only trading of the day was in utilities group Ascendant, whose price was unchanged at $5.45 after 12 shares sold. The BSX Insurance Index was down 3.67 points, or 0.22 per cent, at 1,650....

The importance of the insurance-linked securities industry to Bermuda’s economy has been underlined in a report on the island’s ILS market. It is estimated that Bermudian-based ILS funds have a total economic impact on the island of $734 million. At ...

Law firm Appleby Bermuda employed a record number of 18 university students to participate in its annual Summer Student Programme with five of the students returning from the previous year. Appleby’s yearly initiative to expose young Bermudian studen...

A new internship programme targeting students from the public school system has been set up. Now eight pupils from the Berkeley Institute and CedarBridge Academy are taking part in the scheme, set up by the Association of Bermuda International Long T...

A charity backed by Bermudian insurance firms handed out a total of $293,000 in scholarships. The Bermuda Foundation for Insurance Studies gave out the awards to 13 students at a special reception. Gail Martin, chairman of the BFIS board of trustees,...

Cup Match is coming early to St George. For the Olde Towne Market this Sunday is to feature a Cup Match theme, with stalls, vendors and attendees encouraged to get in the spirit with the club colours of dark blue and light blue of St George’s and th...

Allied World Assurance yesterday reported net income of $153.4 million for the second quarter of the year — up nearly $144 million on the same period in 2015. The figure is equivalent to $1.70 per share, compared to ten cents per share for the sane p...

For the first time in 12 months retail sales have fallen year-on-year in both value and volume. During May the value of sales decreased 1.4 per cent below the $97.9 million recorded in the same month in 2015. After adjusting for the annual retail sal...

Telecoms firm KeyTech dropped 10 cents, or 3.33 per cent, to $2.90 on The Royal Gazette/BSX Index. The fall came after 2,931 shares traded. Bank of Butterfield preference shares fell by $10, or 1 per cent, to $1,040 after 38 shares changed hands. Uti...