6856 results returned for search: "" category "Business" author Business Staff
Shares of BF&M fell more than 6 per cent in Bermuda Stock Exchange trading.
The insurer dipped $1.25 to close on $19 as 2,000 shares changed hands.
Ascendant Group Ltd was unchanged on $31 as 300 shares were traded.
Among international companies, sha...
DATE: Feb 14, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The latest Bermuda Development Agency year end review reveals 2019 was a year of triumph and challenge.
Despite a challenging economic environment, the BDA directly assisted in the incorporation of 31 new entrants in Bermuda last year, from a number ...
DATE: Feb 14, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermudian Michael J.A. Darling has been promoted to managing director at Morgan Stanley Wealth Management in New York.
Mr Darling, 59, of Warwick, runs the Island Group, an experienced group having more than 115 years of combined industry experience,...
DATE: Feb 13, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Hong Kong office of international law firm Appleby has closed due to concerns related to the coronavirus.
The virus has killed more than 1,100 people worldwide since emerging as a health threat in the Chinese city of Wuhan in December.
A statemen...
DATE: Feb 13, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Appleby Global Services’ Bermuda office has celebrated its one year anniversary and the onboarding of “100 structures”.
The business is the specialist trust and corporate services provider of international law firm Appleby.
The structures on-boarded ...
DATE: Feb 13, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Lawyer Alex Potts QC has left the Bermuda office of international law firm Kennedys to become head of the litigation and restructuring practice in the Cayman Islands office of Conyers.
The firm said Mr Potts’s appointment follows a recent expansion w...
DATE: Feb 13, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
American International Group has reported a profit of $922 million, or $1.03 per diluted common share, for the fourth quarter.
That compares to a net loss of $622 million, or 70 cents per share, in the prior-year quarter.
The company said the improve...
DATE: Feb 13, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares that totalled $120,292 in value were traded on The Royal Gazette/BSX Index, but there was no change to the closing price of the three stocks that saw activity.
Some 30,000 shares of One Communications Ltd were traded, and 100 shares of Ascenda...
DATE: Feb 13, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Ten students from Berkeley Institute learnt about career opportunities in the life re/insurance sector at a lunch and learn session organised by Bermuda International Long Term Insurers and Reinsurers.
The organisation said that Scott Selkirk, of Som...
DATE: Feb 12, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Ascendant Group Ltd was the only stock to trade on the Bermuda Stock Exchange.
The Belco owner remained unchanged on $31 as 3,300 shares changed hands.
Ascendant is awaiting regulatory approval for a proposed $365 million takeover by Algonquin Power ...
DATE: Feb 12, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff