6636 results returned for search: "" category "Business" author Business Staff
About 30 Ascot Bermuda Limited staff stepped away from their desks to give another corporate lift to the Globe Museum, which is part of the Outstanding Universal Value of the Unesco Site.
It was in support of the Bermuda National Trust’s latest corp...
DATE: Nov 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Somers Re Ltd and its subsidiaries.
They include Watford Insurance Company Europe Limited (Gibraltar),...
DATE: Nov 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Former US ambassador to Ukraine and New York Times bestselling author Marie Yovanovitch was at the top of the bill at the recent Women, Influence & Power in Law 2022 conference in Washington DC, attended by Appleby partner Tammy Richardson-Augustus.
...
DATE: Nov 21, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Build America Mutual, the only mutual US municipal-only bond insurer, has completed a $150 million, fully collateralised reinsurance agreement with Fidus Re Ltd, the Bermudian-based restricted special-purpose insurer.
After the transaction, BAM’s cla...
DATE: Nov 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has appointed Michael Pearl as chief financial officer, effective January 1.
At present he serves as Triton’s senior vice-president, treasurer....
DATE: Nov 21, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Athene Holding Ltd, the Bermudian-based financial services company, has agreed to sell $400 million of 6.650 per cent senior unsecured notes due 2033.
The offering is due to close Monday, subject to satisfaction of customary closing conditions.
Athen...
DATE: Nov 21, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Competition and rising costs have put pressure on margins for the Bermuda Aviation Services Group, the company has reported.
The owner of BASFM, Otis, Weir Enterprises and Eastbourne Properties Limited made this observation as the group posted six-mo...
DATE: Nov 18, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Wasef Jabsheh, chairman and CEO of Bermudian-based International General Insurance Holdings Ltd, the international specialty risks commercial re/insurer, led IGI in ringing the closing bell at the Nasdaq MarketSite in Times Square, New York, tonight....
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
John M. Huff, the chief executive of the Association of Bermuda Insurers and Reinsurers, has been elected to chair the Global Federation of Insurance Associations’ Anti-Money Laundering and Counter Terrorism Financing Working Group.
The GFIA’s 40 mem...
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Digicel Business Bermuda has made donations to two local charities — Vision Bermuda and Open Airways.
The company said the money was raised as a result of various fundraising activities that took place over the course of the recently concluded PGA To...
DATE: Nov 18, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff