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The Royal Gazette/BSX closed up 4.96 points (0.37 per cent) at 1,336.68. A total of 13,960 Bank of Butterfield shares traded, moving the stock price up one cent (0.5 per cent) at $1.98. Utilities firm Ascendant Group was up five cents (one per cent) ...

Bermuda-based Everest Re Group Ltd has entered into a strategic alliance between its US primary specialty insurer, Everest National Insurance Company, and Associated Electric & Gas Insurance Services (Aegis). This new partnership will provide primar...

The winners of a competition to launch or boost a business will be announced on Thursday. The Bermuda Economic Development Agency (BEDC) held its annual Rocket Pitch competition at City Hall last Friday, where a dozen competitors pitched their ideas ...

Alternative and third-party capital is being used outside the traditional area of catastrophe bonds, experts have said. And the reinsurance industry is increasingly seeing alternative cash as a complementary type of additional capacity. PwC Bermuda m...

A furniture shop will today formally launch a pop-up store with a preview of a new home collection. Exclusive Home, which has a main shop on Reid Street, has opened up in the lower level of Washington Mall. Exclusive Home, part of the Exclusive Group...

A rise in the value of Butterfield Bank shares helped lift The Royal Gazette/BSX Index to 1,297.54, up 9.22 points (0.71 per cent) last week. The bank’s shares improved by four cents (2.2 per cent) to close at $1.89, after 12,816 were traded. Four st...

Reinsurance and insurance company RenaissanceRe has increased its share repurchase programme to $500 million. The company said the authorisation includes remaining amounts available under previous allocations to buy back shares. Under the scheme, Ren...

Bermuda’s current account recorded a surplus of $215 million in the second quarter of the year, according to the latest Government statistics. The figure was $1 million up on the from the surplus in the same quarter of last year. The deficit on the g...

Former bank boss James Gibbons is to become non-executive chairman of RenaissanceRe. He will assume his new role with the reinsurance and insurance company next May. Bermudian Mr Gibbons was president and chief executive officer of Capital G Limited ...

Shares of Butterfield Bank jumped eight cents (4.2 per cent) to close at $1.97, after 97,104 were exchanged on The Royal Gazette/BSX Index. The only other stock traded was BF&M, which dropped 15 cents (0.9 per cent) to $16.85 after 2,500 shares chang...