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The RG/BSX Index closed unchanged at 2,568.92.
Bank of Butterfield finished at $36.50 after 1,146 shares ($41,723.20) traded on the Bermuda Stock Exchange.
The bank stock was down 29 cents (0.90 per cent) on the New York Stock Exchange, closing at $...
DATE: Sep 16, 2021
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CATEGORY:
Bermuda Stock Exchange
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Young Bermuda talent is being invited to join a company building the next generation of cyber reinsurance products.
A UK company with its underwriting based on the island is expecting that new investment will facilitate an expansion of their Bermuda ...
DATE: Sep 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
The RG/BSX Index closed unchanged at 2,568.92, with no activity in domestic trading.
The BSX Insurance Index remained unquoted.
The Exchange gave notice that the board of Watlington Waterworks Ltd. (Ticker: WWW.BH) have agreed to a dividend of $0.20 ...
DATE: Sep 15, 2021
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CATEGORY:
Bermuda Stock Exchange
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Price Forbes & Partners (Bermuda) Limited has appointed William Wood as senior vice president of its newly created Insurance Management unit.
The company said Mr Wood is a 27-year veteran of the Bermuda re/insurance marketplace having served in a var...
DATE: Sep 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based drinks giant Bacardi Limited has released “Bacardi Celebrates” – a digital magazine that promotes and celebrates Black-Owned bars and restaurants on the island.
The company said the special edition online magazine is part of ongoing eff...
DATE: Sep 15, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Bermuda Monetary Authority is seeking stakeholder feedback on its development proposals for a conduct of business framework, providing guidance on how regulated financial services treat their customers.
The proposed new Code of Conduct has been d...
DATE: Sep 15, 2021
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CATEGORY:
Personal Finance
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North End Re has joined the Bermuda International Long Term Insurers and Reinsurers industry body.
Biltir said North End Re, a subsidiary of Brookfield Asset Management Reinsurance Partners Ltd which provides capital-based solutions to insurance and ...
DATE: Sep 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Arch Insurance, part of Bermuda-based Arch Capital Group Ltd, has launched its new brand promise, Pursuing Better Together.
Arch said it “aligns with the culture, approach and ambition of the organisation”.
The company added: “Pursuing Better Togethe...
DATE: Sep 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
English barrister Claire van Overdijk has joined Carey Olsen Bermuda Limited as counsel in the firm's dispute resolution and litigation team.
The firm said she is an expert in cross border disputes and private international law, and is recognised as ...
DATE: Sep 15, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Fitch Ratings has affirmed Bermuda-based Fortitude Reinsurance Company Ltd.'s insurer financial strength rating at 'BBB+' and its holding company, Fortitude Group Holdings, LLC.'s (Fortitude), Long-Term Issuer Default Rating at 'BBB'. The Rating Outl...
DATE: Sep 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff