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Shares of KeyTech and Argus Group rose strongly in Bermuda Stock Exchange trading last week, but Butterfield Bank slid. Telecoms group KeyTech was the biggest gainer,gaining 24 cents, or 8.7 per cent, to close on $3 as 15,000 shares changed hands. In...

Axis Capital Holdings Ltd will repurchase up to $750 million of its own shares by the end of next year. The Bermuda-based insurer and reinsurer also raised its quarterly dividend by 21 per cent to 35 cents per share — its twelfth consecutive annual d...

A total of 25,813 shares worth about $147,193 yesterday traded on the Bermuda Stock Exchange (BSX) today. The Bank of Butterfield was up four cents at $1.90 after 19,313 shares traded. Insurance firm BF&M was unchanged at $17 after 6,500 shares chang...

It’s the Christmas season — my favourite time of year! And even though Christmas is the season of giving, it can also be a time when it’s really tempting to overspend. To keep from falling into that trap, you need to have a plan. So here are few way...

Bermuda was “a natural choice” as a home for Qatar Re, said the reinsurer’s chief executive officer yesterday as it completed its redomiciling to the Island. Gunther Saacke added that Bermuda had “decades of proven reliability” in the insurance indus...

Three new partners and a new counsel have been appointed at legal services firm Appleby. Michael Hanson, head of the employment and immigration team in Bermuda, Clive Langley, a specialist in corporate law and international finance and Steven Rees Da...

The number of mergers and acquisitions using private-equity investment in Bermuda has rocketed to $3.3 billion, according to a new report. The deals included one of the top five offshore investments of the year — a $1.5 billion purchase of a minority...

A new-look café has opened at the Botanical Gardens. And now The Garden Café at the visitor centre in the gardens is to hold a special opening ceremony next Friday to celebrate. Owner Feronika Suhartono said she decided into to move into the café aft...

Enstar Group Ltd is forming a new Bermuda-based reinsurance company to assume some of its risks. Aligned Re Ltd is expected to be funded by third-party capital along with investments from the Enstar, which recently contributed $100 million, according...

Bermuda Aviation Services (BAS) announced net earnings of $1.2 million in the six months to the end of September. The figure is down from $1.4 million for same period last year, which the company said was due to “delays in the commencement of large p...