6638 results returned for search: "" category "Business" author Business Staff
A direct, wholly owned subsidiary of Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has completed an amendment to renew and extend the term on its revolver facility, additionally increas...
DATE: Aug 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Accounting students Charlie Jackson and Makeda Bridgewater are the recipients of scholarships from KPMG in Bermuda.
Mr Jackson has been awarded the KPMG Scholarship valued at $20,000 annually for up to three years.
Ms Bridgewater has been awarded the...
DATE: Aug 11, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
A wholly-owned subsidiary of Bermudian-based Enstar Group Limited has signed an agreement for a loss portfolio transfer with island-based specialty insurance underwriter Argo Group International Holdings Ltd to reinsure a number of its direct US casu...
DATE: Aug 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Maiden Holdings Ltd has reported second quarter net income available to Maiden common shareholders of $25.8 million.
That compares with net income of $26.8 million in the second quarter of 2021.
Non-GAAP operating earnings were $16.6 ...
DATE: Aug 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Seven directors of Bermudian-based Golar LNG Limited were re-elected at the company’s annual general meeting today.
Resolutions were passed to re-elect Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G Stolt-Nielsen, Lori Wheeler-Naes...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Funds managed by Wafra Inc, the global alternative asset manager with a presence in Bermuda, have acquired a strategic minority ownership interest in Thompson Street Capital Partners.
Thompson Street is a leading middle-market private equity firm bas...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Milliman Inc, the Seattle-based global consulting and actuarial firm, has opened an office in Bermuda.
The company said its expertise had long been relied upon by companies operating in Bermuda, as well as global clients with interests on the island....
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Enstar Group Limited, the Bermudian-based insurer, has reported net losses of $493 million and $775 million for the three and six months ended June 30, driven by unrealised losses on fixed-income securities in the rising interest rate environment.
Th...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Argo Group International Holdings Ltd has reported a net loss attributable to common shareholders of $18.9 million for the second quarter of the year.
That compares to net income attributable to common shareholders of $67.1 million fo...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Signet Jewelers Limited, the world's leading retailer of diamond jewellery, has signed a definitive agreement to acquire Blue Nile Inc, an online retailer of engagement rings and fine jewellery, for $360 million in an all-cash transac...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff