6854 results returned for search: "" category "Business" author Business Staff
Clay Rhoades has been named CEO of Hamilton Select Insurance Inc, a US excess and surplus lines insurer formed by Bermudian-headquartered global re/insurer Hamilton Insurance Group Ltd.
The newly launched entity has received a financial strength rati...
DATE: Feb 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The pressure group that targeted the international specialty insurer and reinsurer Convex in London and in Bermuda has claimed victory again in its anti-coal stance aimed at the corporate world.
Market Forces said it was their pressure that caused a ...
DATE: Feb 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Alexis Bean has been promoted to the position of reinsurance operations associate at Elementum (Bermuda) Ltd.
She previously held the post of reinsurance operations analyst.
Ms Bean is focused on facilitating operations functions for collateralised r...
DATE: Feb 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
CrossTower, the crypto and digital asset exchange with an office in Bermuda, has partnered with Arabian Camels, a non-fungible token (NFT) community that is making a first-of-its-kind Hollywood movie.
CrossTower said Antara will be the first decentra...
DATE: Feb 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Apex Group Ltd has acquired Best Alternative Advisory Services, an Indian-based, specialised financial services provider.
The Bermudian-based global financial services provider said the acquisition of Best will add assets under administration of $30 ...
DATE: Feb 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Textainer Group Holdings Limited, one of the world's largest lessors of intermodal containers, has reported net income of $273.5 million for fiscal year 2021.
That compares with net income of $72.8 million in 2020.
The company reporte...
DATE: Feb 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Athene Holding Ltd, the Bermudian-based financial services company specialising in retirement solutions, has reported net income available to its common shareholders of $3.718 billion in fiscal year 2021.
That compares with net income of $1.446 billi...
DATE: Feb 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Aircare Limited, the air conditioning, heating and mechanical systems provider, is to close its parts department on Serpentine Road in Pembroke for stocktaking next week.
The company said the department will be closed from February 14 until February ...
DATE: Feb 11, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Essent Group Ltd, the Bermudian-based mortgage re/insurer, has reported net income of $681.8 million in fiscal year 2021.
That compares with $413 million in 2020.
The company reported net income for the quarter ended December 31, 2021 of $181 million...
DATE: Feb 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Jason Saints has joined the Bermuda branch of Hudson Structured Capital Management as vice-president, reinsurance.
Mr Saints joins HSCM Bermuda from island-based specialty re/insurer Arch Capital Group where he worked for seven years, most recently a...
DATE: Feb 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff