1606 results returned for search: "" category "Business" author David Fox, Business Editor
Bermuda has an important presence at the 64th edition of Rendez-Vous de Septembre in Monte Carlo this week, the first opportunity for the world’s major insurers and reinsurers to gather en masse in a familiar setting with other market players, since ...
DATE: Sep 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Butterfield Bank will shut down the bank accounts of the Bermuda Financial Network on Thursday, in effect putting the 26-year-old company out of business.
It will mean the end of Easy Pay, Bermuda’s first online money transfer service (2000/2001) whi...
DATE: Sep 13, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
The Bermudian principals of the world’s next generation of electric ferries and water shuttles know that the launch will draw a lot of international attention.
And with such global scrutiny, they see a huge benefit in ensuring the financial planning ...
DATE: Aug 30, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Bermudians would accept more sustainable lifestyles, but change is hampered by the limited options available on the island, lack of education and regulation on where our waste goes, and the impact it has on the environment, our health and wellbeing.
...
DATE: Aug 29, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda’s street life is filled with people lacking real identity and purpose, says hardworking plumber David Wilkinson.
He sees a study of hopelessness in some and a society trying to come to grips with unacceptable criminal violence.
He wants to be...
DATE: Aug 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The US Federal Reserve’s unprecedented tightening of monetary policy may have slowed the inflation momentum, but an economist has warned that the Fed needs to “keep the pedal to the metal”.
The latest edition of Economic Insights from the Swiss Re In...
DATE: Aug 22, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
Argus Insurance is seeking the attention of institutional investors in a move to enlarge the company’s size.
The position was underscored in the just released annual report.
Even after recent moves to diversify the company’s holdings, including into ...
DATE: Aug 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
A Bermuda company expects to deliver in the near future a new class of waterway vessels powered entirely by sustainable energy — vessels envisaged as the next generation of commercial ferries.
Breakthrough technology and preliminary approvals from a ...
DATE: Aug 17, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The measure US president Joe Biden signed into law yesterday that raises taxes on US corporations does nothing to comply with a separately negotiated 137-country deal for a global minimum tax on the world's largest companies.
It is the latest sign th...
DATE: Aug 17, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Reinsurance companies are increasingly shifting away from the uncertainty of catastrophe risks and orientating their business mix more towards casualty and specialty primary lines, where pricing movement remains positive, a report says.
Larger storms...
DATE: Aug 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor