6636 results returned for search: "" category "Business" author Business Staff
A Bermuda company has begun importing limestone aggregate from Jamaica in a new arrangement, The Gleaner is reporting.
The Kingston publication said Sunday that Bermuda is the latest market for Lydford Mining Company, after they began supplying aggre...
DATE: Nov 07, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Voting has opened for the Female Entrepreneur of the Year Award presented by Womb Bermuda.
Womb, or Women Who Own or Manage Businesses, said voting is open until November 13.
Some 40 women have been nominated for the 2021/2022 award.
Stephanie Lee, f...
DATE: Nov 07, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-headquartered Hiscox Ltd, the international specialist insurer, has reported a 6.3 per cent increase in group gross premiums written for the first nine months of the year.
Hiscox Re & ILS gross premiums written of $1.067 billion (2021: $806...
DATE: Nov 07, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Stablehouse, the Bermudian-based digital-assets investment platform, has announced a white label integrated digital asset and trading solution partnership with Apex Group, the island-based global financial services provider.
Apex delivers an expansiv...
DATE: Nov 07, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Arch Capital Group, the Bermudian-based re/insurer, has joined the Standard and Poor’s 500.
The company replaced the social media platform Twitter, recently acquired by entrepreneur Elon Musk.
Shares of the insurance company rose more than 8 per cent...
DATE: Nov 07, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the quarter ended September 30 of $178.1 million.
That compares to $205.4 million for the third quarter of 2021.
New insurance written for the third quarter was $...
DATE: Nov 07, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Retail sales volume declined slightly in July, dropping by 1.1 per cent compared to last year, the Ministry of Economy and Labour reported today.
That figure was arrived at after adjusting for the retail sales rate of inflation, measured at 5.1 per c...
DATE: Nov 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based Enstar Group Limited has reported a third-quarter net loss of $444 million.
That compares with a net loss of $196 million for the three months ended September 30, 2021.
The company has reported a net loss of $1.2 billion for the first...
DATE: Nov 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, is scaling back its property catastrophe reinsurance platform by closing three offices and reducing its footprint in two more.
The company said it is closing underwriting offices in H...
DATE: Nov 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Carey Olsen Bermuda Limited's dispute resolution and litigation practice continues to grow with the appointment of senior associate Bradley Houlston, associate Charlotte Donnelly and the secondment of Bermudian associate Jonathan Marion from the firm...
DATE: Nov 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff