1722 results returned for search: "" category "Business" author David Fox, Business Editor
An idea to combine the Government’s emphasis on vertical farming with the future of Bermuda’s cash-strapped football clubs has been hailed by an international football legend.
A 40-person thought leadership round table, hosted by the Bermuda Football...
DATE: Nov 17, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
David Fox, Business Editor
Former finance minister Curtis L. Dickinson has been appointed as executive adviser to the Bermuda International Long Term Insurers and Reinsurers.
Biltir made the announcement today as it appointed Christine Patton as the next executive director, as...
DATE: Nov 08, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
Government is taking action to improve the supervisory platform for an element of international business over which the island continues to face international scrutiny.
In fact, even as new measures are being enacted to make the island’s value propos...
DATE: Nov 07, 2022
|
CATEGORY:
International Business
|
AUTHOR:
David Fox, Business Editor
A Canadian news outlet has targeted a billionaire family for its use of “an offshore insurance company that allowed them to move millions of dollars in profits out of Canada and into the ‘tax haven’ of Bermuda”.
But the extensive article refers to no...
DATE: Nov 04, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
The RG/BSX Index closed unchanged at 2,436.96 in the absence of trading on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited closed down $1.42 (4.35 per cent) at $31.22 on the New York Stock Exchange.
DATE: Nov 03, 2022
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
David Fox, Business Editor
Bermuda reinsurer RenaissanceRe Holdings Ltd. has posted a third-quarter net loss of $825.3 million.
The company said Hurricane Ian and certain other catastrophe events contributed to a $648.4 million net negative impact on the net loss attributable ...
DATE: Nov 03, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
The Regulatory Authority’s senior manager for energy will be promoted to the role of chief executive, the board of commissioners have announced — the fifth appointee in just ten years.
Abayomi Carmichael will assume the RA’s top post January 1, 2023...
DATE: Nov 02, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
David Fox, Business Editor
The Financial Action Task Force has retained Barbados, Cayman Islands and Jamaica on the Grey List, citing strategic deficiencies in their countering of money laundering, terrorist financing and proliferation financing.
The decision came from the rep...
DATE: Nov 01, 2022
|
CATEGORY:
International Business
|
AUTHOR:
David Fox, Business Editor
US life insurers cede more than a half a trillion dollars in annual premiums to Bermuda’s long-term reinsurers, and a new study claims it has become a source of industry concern.
In fact, Bermuda was by far the largest foreign reinsurance destination...
DATE: Oct 25, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
The Police and Fire Retirement System for the City of Detroit late last week filed a class-action lawsuit against Argo Group International Holdings Inc, the Bermuda international underwriter of property and casualty insurance with offices on Pitts Ba...
DATE: Oct 24, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor