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PartnerRe veteran Emmanuel Clarke has been appointed president of the reinsurance company. Mr Clarke, who has worked for the firm for 18 years and was instrumental in building the global reinsurance business, will now be responsible for managing all ...

A total of 36,032 shares, worth more than $109,000, traded on The Royal Gazette/BSX Index. The biggest mover was the Bank of Butterfield, which saw 32,982 shares move, its share price fell two cents to close at $1.75. Insurance firm BF&M’s price was ...

Dear Dave, I’ve heard you talk about extreme spenders and extreme savers. Exactly what do these terms mean? — Marianne Dear Marianne, Some people have a tendency to live in the moment, while others think more about the future. Financially speaking,...

September is the worst month for markets, historically, though compared to this August’s turmoil an average 1.1 per cent drop in the Standard & Poor’s 500 Index seems tame. In case the past month’s volatility was just a warm-up, you might want to re...

At the risk of overstating the obvious, there are important differences between traders and investors. Their timelines differ, as do their goals, preferred assets and methods. Yet some of what I have been hearing from members of each group suggests t...

This year’s El Niño weather phenomenon is the strongest since the record-setting event of 1997-98, and its peak months are still to come. While its impact on insurers and reinsurers is largely unpredictable, indicators are emerging showing billions o...

Two business have joined forces in a real family affair. The Court House squash and gym club, owned by Richard Burns, has bought a stake in healthy eating company Natural Ltd, where Catherine Burns, married to Mr Burns’ nephew Chris, is managing dire...

A new venture to give used children’s clothes a new lease of life has moved. Kid2Kid, a consignment store which started life in a Southampton industrial estate in May, has opened up the former CellOne building in Mangrove Bay. Owner Kalita Furbert sa...

PartnerRe Ltd is Bermuda’s largest writer of reinsurance and the ninth biggest in the world, according to data published by rating agency AM Best. The company, which wrote $5.93 billion in reinsurance gross premiums last year and recently agreed to b...

A total of 13,793 shares worth more than $108,448 today traded on the Bermuda Stock Exchange. The Bank of Butterfield rose two cents (1.1 per cent) to $1.77 after 5,093 shares traded. Insurance firm BF&M stood at $16.98 after 4,600 shares changed han...