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The RG/BSX Index closed unchanged at 2,567.50 with no trading on the Bermuda Stock Exchange. The BSX Insurance Index remained inactive. The Bank of Butterfield closed down 45 cents (1.35 per cent) at $32.85 on the New York Stock Exchange.

Bermuda-based SFL Corporation Ltd has agreed to acquire three Suezmax tankers in combination with long-term time charters to a world-leading commodity trading and logistics company. SFL said the vessels, built in 2019, have the latest eco-design feat...

Aspiring Bermudian lawyer Mahogany Bean has been awarded a two-year training contract with Carey Olsen Bermuda through the law firm's pupillage programme. The former Berkeley Institute student obtained her LLM (Barristers) and was called to the Bar o...

Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has appointed Abiy Dadi as vice president of the US excess casualty team, effective immediately. Mr Dadi will be responsible for cultivating and ...

Bermuda registered International General Insurance Holdings Ltd has appointed Manpreet Kaur Gill to the role of Asia Pacific financial and professional lines underwriter of IGI Labuan. She will be based in the company’s Kuala Lumpur office, and will ...

Bermuda-based Teekay Corporation has contracted with the Australian Department of Defence to provide marine services for five government vessels for a firm period of six years, with options to extend for up to an additional 10 years. Under the contra...

Hongkong Land Holdings Limited will seek to buy back half a billion dollars of its own shares, according to a filing with the Bermuda Stock Exchange. The window for the proposed buyback programme is expected to extend until the end of December. Hongk...

Unprecedented global forces directly attributable to the pandemic, are raising the cost of building a Bermuda home. Even those making additions or renovations may face massive price increases on some products, delays, shortages, and in some cases, no...

Bermuda’s re/insurance industry stands ready to support Americans in the aftermath of Hurricane Ida, the Bermuda Business Development Agency has declared. The BDA said Bermuda’s commitment to supporting communities that suffer natural disasters is se...

The Association of Bermuda Insurers and Reinsurers (Abir) will host a virtual panel discussion this month on the importance of active allyship in achieving diversity, equity and inclusion within organisations. The September 23 event, entitled “Where ...