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The RG/BSX Index moved 163.29 (6.85 per cent) higher closing the week at 2,383.17, pushed up by two advancers on the Bermuda Stock Exchange. Bank of N.T. Butterfield Ltd. closed up $2.90 (9.6 per cent) at $33.00 on volume of 3,431. Also contributing ...

Investments expert Caspar Rock gave a “gloomy outlook” on the coming year’s global economy, predicting recession in the developed world. Mr Rock, chief investments officer at Schroders Wealth Management, delivered the grim assessment at the Schroder...

The head of the Regulatory Authority has been appointed the chief executive officer of the BAC group of companies. Denton Williams, who will take up the post on Monday, has also served as chief operations officer of energy supplier Belco. While at th...

Athlete and junior team coach Eusebio King-Mills became this year’s Validus Re Scholar, when he won a $20,000 scholarship from the firm. Validus announced the recipients of its annual scholarships on September 22. A total of $60,000 in funds was dis...

The Bermuda Stock Exchange is launching a new initiative to increase investor resilience and to encourage sustainable finance with listed companies and trading members. The announcement came as the BSX joined with issuers in the Ring the Bell for F...

Theodora Hand has joined Appleby Bermuda as head of employment and immigration within its dispute resolution team. Before joining Appleby, Ms Hand practised at St Philips Chambers in Britain, where she developed a successful and reputable employment ...

After a three-year pandemic hiatus, the international law firm Kennedys’ Hot Topics Seminar returned with a record attendance at the Bermuda Underwater Exploration Institute’s Tradewinds Auditorium. The event attracted nearly 150 representatives from...

Mike Gazzard has been promoted to senior vice-president and E&O product line leader of Axa XL’s Bermuda insurance professional lines team. Mr Gazzard was previously a vice-president and senior underwriter, and is now responsible for managing and sett...

Mosaic Insurance has launched a global environmental liability division, its seventh specialty underwriting unit, to be led by seasoned executive Jim Finnamore. The company has also hired environmental specialists David Barr and William Campbell, all...

The RG/BSX Index remained unchanged at 2,375.41, with no activity on the main board of the Bermuda Stock Exchange. On the New York Stock Exchange, the Bank of N.T. Butterfield & Son Limited closed the day down 47 cents (1.36 per cent) at $34.12.