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KPMG in Bermuda has announced that KPMG has been named the Best Fund Audit firm by IFI (Funddomiciles.com). The award was presented in London on January 19, 2011 after IFI’s Annual Conference on the future of fund domiciles. Craig Bridgewater, lead ...

Butterfield Bank gained a cent yesterday in Bermuda Stock Exchange trading. The bank rose 0.8 percent on the trading of 7,700 shares to close the day on $1.22. No other domestic board issues traded. The Royal Gazette / BSX Index rose 4.78 points, or ...

Bermuda re/insurer’s Argo Group Holdings Ltd’s fourth-quarter earnings fell by two thirds as losses relating to an earthquake in New Zealand ate into profits. Argo said net income for the last three months of last year totalled $12.8 million, compare...

No shares traded on the Bermuda Stock Exchange (BSX) yesterday. The Royal Gazette/BSX Index closed the day on 1,114.39. The BSX Insurance Index of the Island’s leading international insurance companies rose five points, of 0.48 percent, to close on 1...

Allied World Assurance Company Holdings' net income fell 42 percent for the fourth quarter - but the company still managed to chalk up record full-year earnings of $665 million. The re/insurer's profits for the last three months of 2010 totalled $92...

Ascendant Group Ltd fell 3.3 percent yesterday in trading on the Bermuda Stock Exchange (BSX). The company, which owns electricty provider Belco, fell 50 cents to close on $14.50, as 2,200 shares traded. The only other domestic board issue to trade w...

Rupert Murdoch’s global media giant News Corporation was forced to pay an Australian state government 77.5 million Australian dollars ($77.2 million) for allegedly avoiding taxes after it listed one of its companies on the Bermuda Stock Exchange (BSX...