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The fresh outbreak of Covid cases has moved Butterfield Bank to reduce banking hours as of Monday. Until further notice, Butterfield banking centres will be open from 9am to 2pm on weekdays and their corporate offices will be by appointment only. A s...

A Bermuda-based investment manager has called on finance automation software provider Phinsys in order to streamline its financial reporting. Pillar Capital Management Ltd is an island-based collateralised reinsurance and catastrophe insurance-linked...

The RG/BSX Index closed unchanged at 2,567.5 in the absence of trading on the Bermuda Stock Exchange. The BSX Insurance Index remained unquoted. The Bank of Butterfield finished down 48 cents (1.46 per cent) at $32.37 on the New York Stock Exchange....

Bermuda-based Emergence Limited has added Sage Intacct cloud enterprise resource planning software to its portfolio. Emergence said its new partnership with Sage Intacct, the American cloud-based business management solutions provider, will allow it ...

Peter Zaffino, has been appointed chairman of the board of directors of American International Group. The AIG president and chief executive officer, will assume the additional role on January 1, after current executive chairman, Brian Duperreault, re...

A Florida lobbyist and business advocate whose career has spanned government and private sector roles that involved public policy initiatives, has been chosen to head efforts to promote Bermuda as a base for international business. Former executive v...

Bermuda-based Coralisle Group Ltd is to expand its Caribbean presence with the acquisition of a 100 per cent interest in Massy United Insurance Ltd of Barbados. The transaction is subject to regulatory approval in relevant jurisdictions. The company...

Bermuda’s financial services regulator today denied they had issued a licence to ThinkMarkets companies, the global online brokerage group. The Bermuda Monetary Authority said ThinkMarkets issued a press release on 17 August in which it falsely cla...

In a normal year, wine educator Christian Esser travels more than 100,000 miles to share his knowledge and passion for wine. But this isn’t a normal year, and so Mr Esser is looking forward to a 1,300-mile trip to Bermuda next month, the first away f...

Aspen Insurance Holdings Limited has reported an improved half-year performance to June 30, after writing more than $2 billion in premium. The company declared net income after tax of $87.4 for the six month period, compared to last year’s half-year ...