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Digicel Business has announced the launch of its new Cloud Solutions portfolio. Working with Citrix, Cisco and Microsoft, Digicel Business now offers complete cloud solutions for its clients’ business needs. “This line of business applications offer...

Earnings at the holding company for power firm BELCO dropped by $3 million in the first half of the year, according to figures released today by the Ascendant Group. And Ascendant President Walter Higgins said a decline in electricity sales — caused ...

Argus Group yesterday added to the ranks of its senior management team. Peter Dunkerley joins the company as executive vice president, Finance and Treasury. In his new role at Argus, Mr Dunkerley will be responsible for leading and developing the ov...

ACE Group is opening a new reinsurance branch office in Tunisia. ACE announced yesterday that it has received approval from the Tunisian Ministry of Finance to establish a reinsurance operation in Tunisia as part of its continued strategy to grow its...

AM Best has affirmed the financial strength ratings of BF & M and its subsidiaries citing its consistent overall profitability and leading market position in Bermuda. “The ratings of BF & M Life reflect its consistent favourable operating results, pr...

During August, Butterfield Bank said it purchased for Treasury some 10,629 common shares at an average cost of $1.374 per share. In addition, in July the Bank purchased for cancellation 54 8% Preference Shares at an average price of $1,195.00.

Bermuda-based Lancashire Holdings has announced that its shareholders have voted through its proposal to acquire Cathedral Capital, a privately owned Lloyd’s insurer. Lancashire’s investors last Thursday voted more than 99 percent in favour of its 26...