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Shares worth more than $200,000 were traded on The Royal Gazette/BSX Index last week. Butterfield Bank shares slipped six cents, or 2.9 per cent, to $1.99 after 56,190 shares were exchanged. Also falling was Polaris Holdings, which dropped by five ce...

Utilities firm Ascendant Group rose 15 cents, or 2.8 per cent, on The Royal Gazette/BSX Index. The move came after 12,700 shares changed hands, moving the shares to $5.60. Insurance company BF&M stayed at $17.15 after 858 shares sold. The Royal Gazet...

Dear Dave, I’m trying to help my elderly mom with her finances. She has no debt and more than $1 million in assets. There was also another $500,000 trust left for her by my dad. With access to all this, does she still need long-term health insurance?...

A series of lunch and learn sessions dedicated to aspects of anti-money laundering audit processes, procedures and compliance, are to be held in Bermuda during the next few months. The monthly sessions are being hosted by Oyster Consulting (Bermuda) ...

The Bermuda Foundation for Insurance Studies has held its final event of the summer for its scholarship programme. The 26 BFIS students were treated to lunch by the mentoring and alumni committee before they head overseas to continue their academic s...

Financial services firm Sun Life Financial International has indicated it plans to boost the size of its Bermuda workforce. Dan Fishbein, president of Sun Life Financial International US, said the new offices in Washington Mall had space for more tha...

A segment of Bermudian-based Aspen Insurance Holdings is to open a new office in Texas. Aspen US Insurance will use the Dallas office as hub for regional customers and brokers, with an initial focus on excess casualty products on a wholesale and reta...

Inflation fell in June to 0.8 per cent, down from 1.1 per cent the previous month. Between May and June, the average cost of goods and services in the Consumer Price Index increased by 0.5 per cent. The all-items index rose to 101.5 in June. This mea...

An open call has been issued to prequalify companies seeking to participate in the tender process to build a solar power facility on land adjacent to L.F. Wade International Airport. The Bermuda Government is seeking a six megawatt AC solar power pho...

Polaris Holdings dropped five cents, or 1.2 per cent, on The Royal Gazette/BSX Index. The fall came after 5,200 shares moved, leaving the firm’s price at $4. The Bank of Butterfield dropped one cent, or 0.5 per cent, to $1.99 after 12,679 shares chan...