6854 results returned for search: "" category "Business" 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
Aspen Insurance Holdings Limited, the Bermudian-based re/insurer, has entered into agreement with Ryan Specialty Group to support a diverse international portfolio of delegated underwriting authority business.
With effect from January 1, Aspen said, ...
DATE: Jan 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Avance Gas Holding Ltd has entered into a two-year time charter agreement for its second dual fuel very large gas carrier, Avance Capella.
The agreement is with liquefied petroleum gas and ethylene ship owner and LPG trader, Petredec....
DATE: Jan 21, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermudian-based global financial services provider, has launched the Women’s Accelerator Programme, a development initiative designed to drive equity for female progression and diversity at all levels within the group.
The company...
DATE: Jan 21, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based global insurer and reinsurer SiriusPoint Ltd has invested in Honeycomb, a commercial real estate insurance company that uses technology to help owners of multifamily properties find better coverage at a lower price.
The company said i...
DATE: Jan 21, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff