6856 results returned for search: "" category "Business" author Business Staff
The Regulatory Authority of Bermuda is inviting the public and industry stakeholders to comment on the grant of spectrum licences, permits, and exempted frequencies for the electronic communications sector through its public consultation process.
The...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Bermuda Monetary Authority has waived the requirement for insurers to hold board meetings on the island during the Covid-19 crisis period.
In a statement published on its website today, the financial regulator also granted a one-month filing exte...
DATE: Mar 19, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The common shares of Bermudian-based specialty commercial insurer International General Insurance Holdings Ltd started trading yesterday on the Nasdaq Capital Market under the symbol “IGIC”, the company announced.
On Tuesday, IGI announced the succe...
DATE: Mar 19, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Clarien Bank is to temporarily waive some late payment fees to reduce financial hardship for customers impacted by the Covid-19 crisis.
Customers are also encouraged to reach out to discuss other options to help them through the economic disruption.
...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Butterfield Bank is to automatically defer all residential mortgage and personal loan payments for the next three months to help customers through financial difficulties caused by the Covid-19 crisis.
The bank will also introduce a payment deferral o...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Digicel will not be disconnecting any customers’ mobile or homes services for the next 60 days and will waive any late payment fees.
The telecommunications company, which has also increased bandwidth for Fibre internet customers by 30 Mbps, made the ...
DATE: Mar 19, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Bermuda Stock Exchange plans to remain open for business during the Covid-19 crisis.
In a statement issued today, the BSX said its staff were working remotely and the exchange would be open for regular business hours.
Access to the BSX office on ...
DATE: Mar 19, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Shares of Argus Group Holdings tumbled 27 per cent in Bermuda Stock Exchange trading.
The insurer shed 85 cents to close at a 52-week low of $2.30 as 20,000 of its shares changed hands.
Argus was the only stock to trade and The Royal Gazette/BSX Inde...
DATE: Mar 19, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Aspen Insurance Holdings Ltd reported a net after-tax loss of $241.7 million for last year, driven by costs related to the acquisition of the company by funds managed by private-equity firm Apollo Global Management.
Mark Cloutier, executive chairman ...
DATE: Mar 18, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The arrivals duty-free store at LF Wade International Airport is to close temporarily and no full-time staff will be laid off.
Owner Bermuda Duty Free Ltd, a wholly owned subsidiary of Gosling Brothers Ltd, said it made the decision to safeguard the ...
DATE: Mar 18, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff