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Shares of insurance firm BF&M rose 51 cents to $20.50 on The Royal Gazette/BSX Index. The move, equal to 2.6 per cent, came after 6,000 shares sold. The Bank of Butterfield was unchanged at $25 after 207 shares changed hands. But the bank’s price on ...

RenaissanceRe Holdings Ltd almost doubled its third-quarter profit to $146.8 million, helped by strong investment gains. The Bermuda reinsurer’s net income broke down to $3.56 per share, compared to $75.5 million, or $1.66 per share in the same quart...

Bermuda’s pillar industries are likely to be safe amid global uncertainty over the future of the European Union and the US presidential race. Hilary Wakefield, head of portfolio management for the London-based arm of Swiss private banking group EFG, ...

A seminar focused on attracting, managing and leading millennials in the workplace will be held next week. The event aims to equip organisations and individuals with information on millennials, such as who they are, what they look for in employers an...

Around 50 jobs — including some leadership roles — will be phased out at XL Catlin over the next six months as part of the global insurer’s reorganisation of its property and casualty operations. Elliott Bundy, the company’s chief communications and ...

Logic and CellOne are now a unified brand known as One Communications. The new name was revealed today as the business opened a new retail store on Church Street, opposite City Hall. “Our goal is to be the leading provider of these services in Bermud...

The Bank of Butterfield dropped 10 cents to $25 on The Royal Gazette/BSX Index. The fall, equal to 0.4 per cent, came after 2,161 shares traded. The bank’s price on the New York Stock Exchange fell one cent, or 0.04 per cent, to $25.46. Insurance fir...

A school to train buyers how pilot a revolutionary flying car could open in Bermuda. The makers of the PAL-V, which converts from a road-going vehicle to an aircraft, said that a flight school could take off in Bermuda due to its good climate and clo...

Maiden Holdings Ltd has reported net income for the third-quarter of $31.8 million. That is up on the $22.5 million recorded for the same period last year. Art Raschbaum, CEO of Maiden, said: “Maiden continued to deliver strong results with a year ov...

A new competition designed to recognise women who run their own business has been launched. Women who Own and Manage Businesses, and the Bermuda Economic Development Corporation, have called for nominations. The awards, the first of their kind, were ...