6638 results returned for search: "" category "Business" author Business Staff
The re/insurer IQUW is in advanced talks to acquire UK-based Lloyd’s insurer Agora Holdings, the company has said.
If the sale is completed, Agora’s property insurance and reinsurance businesses will form part of IQUW’s portfolio and the Agora team ...
DATE: Oct 26, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The global financial services provider Apex Group Ltd has been appointed by (re)insurance broker BMS to deliver carbon footprint assessment and reporting services.
Apex will provide BMS with the platform and tools to measure the company’s source of ...
DATE: Oct 26, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
HSBC Holdings plc has bounced back with after-tax profit of $4.2 billion — an increase of $2.2 billion — for the third quarter compared with the same period in 2020.
The bank also announced a massive share buyback of up to $2 billion after the profit...
DATE: Oct 26, 2021
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CATEGORY:
Banking
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AUTHOR:
Business Staff
Nearly 800 people from 500 companies across 52 countries registered for the Bermuda Business Development Agency’s third annual 2021 Virtual Bermuda Tech Summit, an overall increase from the event held last year.
David Hart, the CEO of the agency, sai...
DATE: Oct 26, 2021
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CATEGORY:
Technology
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AUTHOR:
Business Staff
Bermuda-based investment company Ocean Wilsons Holdings Ltd has changed auditors, it announced today through the Bermuda Stock Exchange.
Ocean Wilsons, which is based in Bermuda but owns one of the leading marine and ports operating companies in Braz...
DATE: Oct 25, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC.
The study finds that capabilities-driven deals ge...
DATE: Oct 25, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermuda-based global financial services provider, has become the official sustainability partner of Cricket West Indies and the shirt sponsor for the West Indies men’s team for the T20 World Cup.
Apex said that the partnership is ...
DATE: Oct 25, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-headquartered Lancashire Holdings Limited’s third-quarter earnings release in early November will include losses for exposures to recent natural catastrophe events, including Hurricane Ida and the European storms Bernd, Volker and Xero.
Lanca...
DATE: Oct 25, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Digicel Group Holdings Limited has entered into an agreement to sell Digicel Pacific Limited, its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited.
The company said that DPL has been va...
DATE: Oct 25, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has announced a strategic partnership with Parameter Climate, a full-service climate underwriting and distribution advisory firm.
As part of the transaction, SiriusPoint said, it...
DATE: Oct 22, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
