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The RG/BSX Index closed unchanged at 2,648.34 after more than 30,000 shares, valued at $443,269, traded.
The turnover included 15,205 BF&M Ltd shares changing hands and the issue finishing at $23, while 15,600 Argus Group Holdings Ltd shares traded, ...
DATE: Dec 10, 2021
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CATEGORY:
Bermuda Stock Exchange
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Ratings agency AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of the subsidiaries of Swiss-domiciled Chubb Limited, including the members of Bermudian-based Chubb Bermu...
DATE: Dec 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based re/insurer Ocil Specialty Ltd.
The outlook of these credit ratings is stable.
The rating...
DATE: Dec 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Carey Olsen Bermuda Limited has advised Caribbean Investment Holdings Limited with regard to the Bermuda aspects of its delisting from the AIM market of the London Stock Exchange and its simultaneous change in Bermuda Stock Exchange listing status fr...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated approximately 5 per cent of the common shares of Valaris Limited.
Valaris, the Bermudian-based offsho...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Board members of Bermudian-based Nordic American Tankers Ltd, the oil tanker company, have increased their share ownership in the firm.
NAT said board member Alexander Hansson, who is the son of the company’s founder, chairman and CEO, Herbjorn Hanss...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Circle CEO Jeremy Allaire has declared Wednesday’s hearing before the US Congress as “a turning point in policy engagement”.
The founder, chairman and CEO of Circle Internet Financial was among six cryptocurrency executives who appeared before the US...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
An investment expert giving testimony for global banking giant Credit Suisse this week said it had been only days since he had been provided with and read a report that revealed that one of the bank’s own executives — later convicted of fraud — had r...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
A foundational insurance course offered earlier this year has proven so popular that it will return for a second year in the spring semester 2022.
The Association of Bermuda Insurers and Reinsurers (Abir) said that the course was offered in partnersh...
DATE: Dec 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,648.34 after one issue traded for the day.
Argus Group Holdings Ltd. closed unchanged at $6 after 20,288 shares changed hands.
On the New York Stock Exchange, Bank of Butterfield fell 44 cents (1.19 per cent) ...
DATE: Dec 09, 2021
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CATEGORY:
Bermuda Stock Exchange
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