75444 results returned for search: "" category "Business"
Bermudian-based financial services company Athene Holding Ltd has entered into a definitive agreement to acquire Foundation Home Loans, a specialist UK mortgage lender from funds managed by affiliates of Fortress Investment Group LLC.
As of June 2021...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Apex Group Ltd has secured additional equity investment from global investment firm Carlyle and sovereign investor Mubadala Investment Company.
The global financial services provider backed by Genstar Capital said Carlyle and Mubadala...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Aileen Mathieson has been appointed group chief investment officer at Aspen Insurance Holdings Ltd.
The Bermudian-based re/insurer said Ms Mathieson will take up the post effective November 15.
She will be based in London and join the Group executive...
DATE: Jul 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Enstar Group Limited has agreed to repurchase an aggregate of 3,749,400 ordinary shares of Enstar, held by funds managed by Hillhouse Capital Management.
The Bermudian-based global insurance outfit said they will be repurchased for a price of $234.52...
DATE: Jul 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform.
The Bermudian-based online payment solutions provider said it is partnering with Costa Ric...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The finance minister Curtis Dickinson yesterday refused to publicly divulge which countries are allied with Bermuda in the international discussions of the global tax initiative set to come to a head this October.
But he will soon reconstitute the Ta...
DATE: Jul 17, 2021
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
When The Hashdex Nasdaq Crypto Index ETF (HDEX.BH), listed on the Bermuda Stock Exchange, went live in February this year, it was another innovative first for Bermuda, the world’s premier risk capital, the BSX and listing sponsor Clarien BSX Services...
DATE: Jul 17, 2021
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Have you ever started out the weekend with exciting plans only to have them come to a screeching halt? I have! That's what happens when you have three little kids.
The same is true of our money goals: sometimes they get derailed. But just because ou...
DATE: Jul 17, 2021
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CATEGORY:
Personal Finance
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The RG/BSX index was unchanged at 2,502.09, after no trading on the Bermuda Stock Exchange.
The BSX Insurance Index rose 27.81 (1.60 percent) to close at 1770.90.
Bank of Butterfield fell a dollar (-2.85 per cent) to close at 34.13.
DATE: Jul 16, 2021
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The acquisition of Bermuda’s two largest medical practices last year cost domestic health insurer Argus $24 million.
Representing over 40 per cent of primary care in Bermuda, Island Health Services and the Family Practice Group and their approximatel...
DATE: Jul 16, 2021
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CATEGORY:
Business
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AUTHOR:
David Fox, Business Editor