6856 results returned for search: "" category "Business" 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
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CATEGORY:
Local Business
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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
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CATEGORY:
International Business
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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
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CATEGORY:
International Business
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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
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CATEGORY:
Reinsurance
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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
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CATEGORY:
International Business
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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
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CATEGORY:
Reinsurance
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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
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Banking industry veteran Neville Grant has joined Bermuda Commercial Bank as chief commercial officer.
The bank said Mr Grant joins BCB with 28 years of experience, including senior banking roles at HSBC, both in Bermuda and internationally, as well ...
DATE: May 12, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Jim Williamson has succeeded John Doucette as head of the Everest Reinsurance Division, the Bermudian-based re/insurer Everest Re Group Ltd announced.
Mr Williamson, the company’s executive vice-president and group chief operating officer, takes on t...
DATE: May 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Hamilton Princess & Beach Club is gearing up for the summer season with the opening of its newest outlet and the reopening of a popular seasonal restaurant on Thursday.
The Marina Bar, built during the hotel’s closure last year, is set to open, while...
DATE: May 12, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff