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The Royal Gazette/BSX Index closed unchanged at 1,170.20 after a day of no trading. The BSX Insurance Index ended the day up 6.48 points, or 0.39 per cent, at 1,681.78.

For Graham Redford it has been a busy first year as managing director of Rubis Energy Bermuda, not least because of the $17.7 million purchase of Bermuda Gas from Ascendant Group in April. There have been other challenges, including the ongoing weigh...

An insurance company will today hold a special seminar on retirement planning. The event, organised by Colonial Pension Services, will be presented by global investment company MFS Investment Management, based in Boston. Topics include how long peopl...

A managing director of the US-based global financial services and private equity firm The Carlyle Group has joined the board at Bank of Butterfield. James Burr, a managing director at The Carlyle Group, has become a non-executive director of the bank...

Professional services firm KPMG has signed up 11 students to take part in its annual internship programme. The 12-week scheme is aimed at university students who see a future in accountancy, finance or business. Wanda Armstrong, senior manager for hu...

Continuing its recast of the Bermuda regulatory regime applicable to the insurance industry, the Bermuda Monetary Authority (BMA), has instituted a number of changes to its statutory and prudential reporting requirements. The changes apply to commerc...

Bermuda faces some important decisions on how to power itself over the next 20 years — and Belco today put forward detailed findings on the most likely energy-mix options to help the island decide. The Intergrated Resource Plan, which Belco as the el...

The Royal Gazette/BSX Index closed up 10.26 points, or 0.88 per cent, at 1,179.6 Insurance company Argus was up 25 cents, or 0.1 per cent, to $4.05 after 1,800 shares sold. Fellow insurer BF&M rose ten cents, to $17.10, after 2,360 shares moved. And ...

NEW YORK (Bloomberg) — Bermudian-based Third Point Reinsurance Ltd won lower fees on investments overseen by Dan Loeb’s Third Point LLC, the hedge fund manager that helped start the reinsurer. Third Point Re will pay a 1.5 per cent annualised fee in ...

The future is bright for a sunglasses shop. For the Sunglass and Watch Shop in Hamilton is to expand with a new store at the revamped Hamilton Princess, creating two new jobs in the process. Sunglass and Watch Shop general manager David Boyce said: “...