6638 results returned for search: "" category "Business" author Business Staff
New York-based alternative asset manager Apollo and its Bermudian-based subsidiary Athene have entered into a strategic relationship with BNP Paribas, the global bank, to provide a dynamic new solutions platform for working capital and supply chain n...
DATE: Jan 25, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Trygve P. Munthe, co-CEO of Bermudian-based crude oil tanker company DHT Holdings Inc, is to retire.
After more than 11 years with DHT, and a 35-year career in the shipping industry, Mr Munthe is to leave the company on April 8 and return to his nati...
DATE: Jan 25, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Peak Reinsurance Company Limited, the parent company of Bermudian-based Peak Capital Ltd, has appointed Piotr Nowakowski as director, head of product underwriting for the company’s property and casualty business.
The Hong Kong-headquartered global re...
DATE: Jan 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Lloyd’s market has appointed Dawn Miller as its commercial director reporting into Lloyd’s chief of markets, Patrick Tiernan.
Ms Miller joins from Chubb where she currently holds the position of regional executive officer for Chubb Central Region...
DATE: Jan 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda’s property market rebounded strongly in 2021, a report by Rego Sotheby’s International Realty reveals (see related media).
The agency said increased average selling prices were the norm last year across all sectors.
Non-luxury residential pro...
DATE: Jan 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
A Bermuda business leader has called for more economic diversification and tourism innovation to move the island past the shock of two years of pandemic-induced economic stagnation.
The call came from Arthur Wightman, territory leader, PwC Bermuda, a...
DATE: Jan 24, 2022
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CATEGORY:
Business
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AUTHOR:
Business Staff
CrossTower, the crypto and digital asset exchange with an office in Bermuda, has partnered with Mphasis, the India-based information technology solutions provider specialising in cloud and cognitive services.
Mphasis said the two companies have joine...
DATE: Jan 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
CG Insurance has distributed more than 75,000 rapid antigen test kits free of charge since late October to help to curb the spread of Covid-19 in Bermuda, the company said.
The kits, which are authorised by the MHRA for use in the UK and approved by ...
DATE: Jan 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported preliminary total sales for the holiday season of $2.4 billion, up 30.4 per cent to last year.
The period covered is the nine weeks ended January...
DATE: Jan 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Accelerant Re Ltd (Bermuda).
The outlook assigned to these credit ratings is stable.
Concurrently, AM Best has affirmed the...
DATE: Jan 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff