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The Royal Gazette/BSX closed down 17.65 points (1.43 per cent) at 1,218.71. A total of 16,100 shares worth $72,642 traded. The Bank of Butterfield was down four cents (2.2 per cent) at $1.76 after 13,200 shares moved. Insurance firm BF&M was unchange...

NEW YORK (Bloomberg) — Carl Icahn, the activist investor calling for a break-up of American International Group, said the alternative plan presented last week by the insurer’s chief executive officer was inadequate and that he’s assembling a slate of...

An XL Group subsidiary has bought two US insurance companies. XL Reinsurance America, an indirect wholly-owned arm of the Ireland-based firm, has acquired Allied International Holdings and THE Insurance. Allied is the holding company of Allied Specia...

A Bermuda company has thrown its weight behind a drive to attract young people into the industry. Hamilton Insurance Group has signed up for the international Insurance Careers Month, launched yesterday in the UK, US and Bermuda. The aim of the event...

Achievement. How do you measure your achievements? Have you set out your goals so that you can measure success as you move forward with your business and personal goals? Do you take the time each week or at least each month to determine how you are ...

Bermuda-based drinks giant Bacardi has demanded documents from US President Barack Obama in a row over a US decision to grant a licence to the Cuban government to use a trade name. Bacardi has filed a freedom of information request asking for documen...

Since the onset of the Great Recession and the growth of significant unemployment in Bermuda, many Bermudians have understood that it is better to take or stay in a job, even if it is not exactly what they want (or does not pay exactly what they thin...

International law firm Harneys has boosted its Bermuda corporate services business with a new hire. Kim Armstrong has joined the firm’s fiduciary services group as senior corporate administrator. Ms Armstrong has 16 years’ experience in corporate ser...

Concerns that customers are not getting the internet speeds they are paying for is one of the items to be reviewed by the Regulatory Authority of Bermuda (RAB) during the coming fiscal year. The Consumer Affairs Board has discussed the matter with th...

The Royal Gazette/BSX closed down 0.68 points (0.05 per cent) at 1,236.36. Insurance firm BF&M was down nine cents (0.5 per cent) at $16.90 after 1,000 shares traded. Utilities company Ascendant Group was unchanged at $4.80 after 600 shares sold.