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A champion of Bermuda’s re/insurance industry has been honoured at a ceremonial tree planting next to the Hamilton Ferry Terminal. Michael Butt is a past chairman of the Association of Bermuda Insurers and Reinsurers, and a former longtime chairman o...

Shares of BF&M Ltd improved 25 cents, or 1.1 per cent, to $22.25 after 15,919 traded on The Royal Gazette/BSX Index. On the New York Stock Exchange, shares of Butterfield Bank were up 89 cents, or 2.25 per cent, at $40.48. The Royal Gazette/BSX Index...

A portion of an iconic East End shopping and dining area is in the process of being sold. The sale of the east side of Somers Wharf is expected to close at the end of the month. David Summers, president of owners Wilkinson Estates Ltd, said: “The pro...

Assured Guaranty Ltd has begun further expansion of its footprint in continental Europe. The Bermudian-based financial guaranty insurer said it has issued new financial guarantees through its French subsidiary, Assured Guaranty (Europe) SA. AGE is ra...

Jessica Lewis has once again partnered with WindReach Bermuda to host a special money-raising, 28-mile challenge. To help celebrate her 28th birthday, Bermuda’s two-times Paralympian wheelchair sprinter is encouraging people to help her raise funds f...

A unit of Arch Capital Group Ltd has agreed to acquire Australia’s Westpac Lenders Mortgage Insurance Ltd. The Global Mortgage Group of Bermudian-based Arch has entered into a share purchase agreement with the Westpac Group to make the acquisition. D...

Cemetery Road next to the Belco power plant will be closed this weekend. A trench will be dug between the firm’s old and new power stations in Pembroke, on the stretch between Cemetery Lane and the bridge next to Gorham’s hardware store. No public ac...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has announced completion of a $725 million offering of fixed rate, asset-backed notes. The company said the $690.1 million Series 2021-1 Class A No...

The National Museum of Bermuda has received a $2,000 boost from the Hamilton Princess as part of its recognition of celebrated historian Clarence Maxwell. The hotel honoured Dr Maxwell last month at its Black History Month dinner and pledged to donat...

A major resort could be under new ownership later this year, it was revealed yesterday. New York-based hotel development firm Dovetail is in talks with the Frascati Hotel Company, the owners of Cambridge Beaches in Sandys, with a view to taking over...

The sports minister has added his voice to an impassioned appeal by the leader of the country for football clubs to reconsider their decision to cancel the rest of the domestic season. David Burt, the Premier, devoted a significant portion of his rem...

The decision by member clubs to scrap the football season left Ian Coke, the X-Roads forward, with mixed emotions … relieved not to be in another relegation battle but sorry that his former club will not join him in the Premier Division next season. ...