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The RG/BSX Index closed unchanged at 2,604.63 with no trading among domestic companies. The Bank of Butterfield fell 40 cents (1.03 per cent) to close at $38.48 on the New York Stock Exchange.

Bermudian-based offshore drilling company Valaris Limited has been awarded four contracts for work in the Gulf of Mexico, offshore Australia and the North Sea. A one-well contract with Kosmos Energy in the US Gulf of Mexico for semi-submersible Valar...

Skuld, the Norwegian-based marine insurance provider with an office in Bermuda, has announced its participation as mission partner in a global initiative to decarbonise the maritime industry. Skuld has joined the Maersk Mc-Kinney Moller Center for Ze...

Bermudian-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have completed their previously announced merger. The combined entity will operate as Apollo Global Management Inc, a high-growth alternative asset manager wit...

Bermuda is one of six “low tax” jurisdictions with companies working on ten Covid-19 pharmaceuticals. Bermuda-headquartered Kiniksa Pharmaceuticals is developing the biologic mavrilimumab for Covid-19 and other indications. Two stem cell therapies fr...

Bermudian-based multi-line reinsurer Fortitude Re has acquired two third-party administrators from AIG. Parent company Fortitude Group Holdings LLC said the acquisitions of Fortitude Life & Annuity Solutions Inc, a licensed life and annuity TPA, and ...

Bermuda HealthCare Services has appointed Lianne Swan to the post of chief operating officer of BHCS and Brown-Darrell Clinic. Ms Swan has more than 15 years of experience in the healthcare field, including as supervisor of health and dental claims a...

Louise Jarvis has been promoted to the position of deputy director of underwriting at Bermudian-based Fidelis Insurance Holdings Limited. Fidelis said she will take on the new position in addition to her current role of group head of contract wording...

After a year lost to Covid-19, 2021 began with sense of optimism. By the beginning of last year, several effective vaccines had been approved in record time, economic growth was bouncing back from one of the sharpest recessions on record and stock ma...

The RG/BSX Index rose 9.54 points (0.37 per cent) to finish at 2,604.63 after 2,400 Argus Group Holdings Ltd shares ($14,860) traded. The stock ended 40 cents (6.7 per cent) higher. The Bank of Butterfield ended 23 cents (0.60 per cent) higher at $38...