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Aspen Insurance Holdings yesterday reported profits of $117.9 million for the final quarter of last year. The figure is equivalent to $1.75 per share and up more than $50 million on the $67.2 million recorded for the same period the year before. Oper...

HSBC Bermuda and Clarien both said yesterday they do not charge fees of the type introduced at the start of the year by rival Butterfield Bank. Butterfield imposed a “statement imaging fee” of $2 a month from the start of this year for making persona...

Stevedoring Services Ltd (SSL) will continue to operate the Hamilton docks for the next five years after today signing a new lease with the Corporation of Hamilton. However, the Corporation intends to encourage competition for the right to operate th...

The Royal Gazette/BSX Index today closed down 4.41 points (0.36 per cent) at 1,220.18. The Bank of Butterfield was down one cent (0.6 per cent) at $1.75 after 5,100 shares moved. The bank’s preference shares fell $8 (0.7 per cent) to 1,102 after 148 ...

Reinsurance company Everest Re made profits of $357.3 million in the fourth quarter of last year and beat Wall Street analysts’ estimates by a wide margin. The figure — equal to $8.26 a share — is up on the $340.1 million, or $7.47 per share, for the...

Insurance and reinsurance firm Allied World yesterday posted 2015 fourth-quarter profits of $1.7 million. The figure — equal to two cents a share — is down $128.8 million on the figure recorded for the same period the previous year. The final quarter...

The Middletown area of Pembroke is not best known for thriving hi-tech industries. But brothers Ken and Tyrone Butterfield aim to change that view with their company Ascendant Technologies. The brothers, both qualified in IT and both former civil ser...

Voter turnout is tipped to be the decisive factor today, as the 1,300 voters of Devonshire North Central choose either a Bermuda Government or Opposition candidate to represent them. Diallo Rabain, the Progressive Labour Party’s contender, is up agai...

Laura Blee-DeFrias has joined Bermuda Forwarders Ltd as freight services manager with the company’s ocean import team. She has 20 years of experience in the shipping industry, having started at Bermuda Ocean Shipping Services in 1995 and became manag...

XL Group made a fourth-quarter profit of $228 million, bringing its full-year net income attributable to ordinary shareholders to $1.2 billion. Excluding the impact of the GreyCastle Life Retro agreements, which relates to a May 2014 sale and purchas...