6851 results returned for search: "" category "Business" author Business Staff
The Bermuda Stock Exchange listed financial services investment holding company, Somers Ltd., has reported a net loss over the second half of the year and substantial declines in shareholders’ equity and net asset value per share in its full year res...
DATE: Dec 19, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based Conduit Reinsurance Limited.
The outlook of these credit ratings is stable.
The ratings reflect Conduit...
DATE: Dec 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Appleby’s Bermuda office has delivered holiday gift donations to local charity Star – Supportive Therapy for Aids Persons and their Relatives.
This marks Appleby’s 24th year supporting Star families during the holiday season.
The law firm said it par...
DATE: Dec 19, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based Ocil Specialty Ltd.
The outlook of these credit ratings is stable.
The ratings reflect OSL’s balance sh...
DATE: Dec 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of Bermudian-based HCC Reinsurance Company Limited, together with the property/casualty members of Houston Casualty Group...
DATE: Dec 17, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Bermuda International Long Term Insurers and Reinsurers has welcomed the decision of the Bermuda Monetary Authority to make targeted enhancements to regulatory and supervisory regimes for commercial insurers.
The BMA said the enhancements mostly ...
DATE: Dec 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Fidelis Insurance Holdings Limited has promoted Charles Mathias to the post of deputy chairman.
The promotion was one of three announced by the privately owned holding company, which, through its subsidiaries, is a global provider of ...
DATE: Dec 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bacardi, the drinks giant based in Bermuda, has been recognised by Forbes as one of the world’s top female-friendly companies.
The prominent list and results are based on an independent survey of approximately 85,000 women working at multinational in...
DATE: Dec 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit ratings to “a-” (Excellent) from “a” (Excellent) of Qatar Insurance Company QSPC and its Bermudian-based subsidiary, Antares Rei...
DATE: Dec 16, 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 rating of “a” (Excellent) of Bermudian-based Group Ark Insurance Limited.
Gail is a wholly owned subsidiary of Ark Insurance Holdings Limited, the non...
DATE: Dec 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff