6579 results returned for search: "" category "Business" author Business Staff
Bermudian-based SFL Corporation Ltd, one of the world’s largest ship-owning outfits, has reported profit of $31.5 million in the first quarter.
SFL reported operating revenue of approximately $109.1 million.
The company received charter hire of appro...
DATE: May 16, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermudian-based Conduit Holdings Ltd, the parent company of new class 4 reinsurer Conduit Re, has reported gross premiums written of $82.6 million in the first quarter.
The company, part of the Class of 2020 start-ups on the island, reported estimate...
DATE: May 13, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
A subsidiary of Bermudian-based holding company Monument Re Ltd has acquired a life insurance company with a market presence in Luxembourg, Belgium and Italy.
Monument Assurance Luxembourg will acquire AME Life Luxembourg from French mutual insurance...
DATE: May 13, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
A gift shop that caters to the tourist trade is seeking vendors with locally-made or Bermuda-themed merchandise.
Oceans Gift Shop at the Bermuda Underwater Exploration Institute said it wishes to showcase the items in its outlet this summer.
Barb Jon...
DATE: May 13, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
Business Staff
The Bermuda Stock Exchange has joined the United Nations Sustainable Stock Exchanges initiative as a partner exchange.
The BSX said the SSE initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, r...
DATE: May 12, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermudian-based Maiden Holdings Ltd has reported first quarter net income of $71.7 million, or 83 cents per common share.
That compares to a profit of $20.9 million in the first quarter of 2020.
LawrenceMetz, president and co-chief executive officer ...
DATE: May 12, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermudian-based global re/insurer PartnerRe Ltd has reported a net loss of $66 million for the first quarter.
The company said the result was driven by $344 million of net unrealised losses on fixed maturities due to risk-free rate movements which ar...
DATE: May 12, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter.
That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020.
The Bermudian-headquartered com...
DATE: May 12, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
SiriusPoint Ltd, the Bermudian-headquartered global speciality re/insurer, has reported net income of $130.9 million, or $1.05 per diluted common share, for the first quarter.
The company reported tangible diluted book value per share of $13.97 as of...
DATE: May 12, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermudian-based White Mountains Insurance Group Ltd has reported a comprehensive loss attributable to common shareholders of $74 million in the first quarter.
That compares to a loss of $132 million a year ago.
White Mountains Insurance Group include...
DATE: May 12, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff