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Bermuda Stock Exchange

Butterfield shares edge up

Only 5,000 shares traded on The Royal Gazette/BSX Index, but that was enough to lift the exchange 4.41 points, or 0.38 per cent, to 1,165.6. Bank of Butterfield shares improved by one cent, or 0.6 per cent, to close at $1.64 after 5,000 were exchange...
Apr 14, 2016
Other

Two accident victims remain stable

A 36-year-old man who fell from a ladder while painting a roof remains in stable condition in the hospital’s Intensive Care Unit. Police gave the update at 12.45pm today, in relation to the accident at a Bermuda Housing Corporation Unit on St Augusti...
Apr 14, 2016
Other

Schoolgirls encouraged to consider ICT career

Bermuda will join countries around the world at the end of this month to celebrate International Girls in ICT Day when young women will be encouraged to follow a career path in Information and Communications Technologies. The day, April 28, will see ...
Apr 14, 2016
Other

Man in court after high speed chase

A motorcyclist led police on a high-speed chase through the streets of Southampton before crashing over an embankment and trying to flee from police by jumping down a cliff. Zikai Ivan Cann was detained by officers close to the old Sonesta Beach Ho...
Apr 14, 2016
Reinsurance

Gouraud takes global role with XL Catlin

XL Catlin has announced Philippe Gouraud as head of strategic client and broker management for its insurance segment. Mr Gouraud has extensive experience in the industry, including 15 years in underwriting and senior account management roles with AIG...
Apr 14, 2016
Reinsurance

"Richards: Solvency II sets Bermuda apart"

Reaching Solvency II equivalence with the European Union is a badge of honour for Bermuda that other offshore jurisdictions are unlikely to achieve.That view was expressed by Bob Richards, the finance minister, during an interview at the Risk and Ins...
Apr 14, 2016
Reinsurance

Bermuda blows Solvency II trumpet at Rims

Cyber security and cyber risk are hot topics at the Risk and Insurance Management Society conference and exhibition, being held this week in San Diego, California. And Bermuda has put itself in a prime position to attract new business, whether it is ...
Apr 13, 2016
Other

BBC pension fund invested with Bermuda firm

Bermuda has been highlighted in the row over tax avoidance in the UK. News websites have reported that national broadcaster, the BBC, had nearly $120 million from its pension was invested by Bermuda-based investment managers Nephila Capital, accordin...
Apr 13, 2016
Reinsurance

Ironshore to buy out Lexon Surety

Ironshore has agreed to buy out America’s twelfth largest surety bond business. The Bermudian insurer already had a 20 per cent stake in Lexon Surety Group and will use cash on hand to purchase the remaining 80 per cent of the firm’s equity. Ironshor...
Apr 13, 2016
Other

GOP may deliver White House on a plate

As the behind-the-scenes battle for delegates between Donald Trump and Ted Cruz intensifies and devolves into nastiness, Democrats are laying the groundwork to capitalise on the scenes of chaos that seem likely to erupt at a contested GOP convention ...
Apr 13, 2016
Opinion Writer

How much protein do I really need?

Thanks to the internet, there’s now a vast amount of nutrition information out there that’s easily accessible and available to all of us. Just tap the word “diet” into Google and you get a never-ending stream of webpages and articles on the subject. ...
Apr 13, 2016
Court

Parole blow for Jamaican

A Jamaican prisoner who was denied parole has lost an appeal after he claimed the policies were discriminatory. Leighton Griffiths, a Jamaican national married to a Bermudian, was convicted of possessing 480.5g of cocaine with intent to supply. He wa...
Apr 13, 2016
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