75497 results returned for search: "" category "Business"
Business accelerator Ignite received a $7,500 boost from the Green family this week.
A spokesman for the Greens, who own the Hamilton Princess & Beach Club, said the donation will support Ignite’s mission to support and build a local community of en...
DATE: May 06, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Allied World Bermuda has promoted 19 of its employees in recognition of their “many contributions to our organisation”.
Colm Singleton, head of Allied World Bermuda, part of Allied World Assurance Company Holdings, said: “We are thankful for our dedi...
DATE: May 06, 2021
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CATEGORY:
Reinsurance
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Three independent directors have been elected to the board of Bermudian-based holding company Assured Guaranty Ltd.
The company said Michelle McCloskey and Courtney Shea will each serve on the board’s audit and environmental and social responsibility...
DATE: May 06, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
There was trading in 1,025 shares of Butterfield Bank on The Royal Gazette/BSX Index, but with no change to the closing price of $38.25.
On the New York Stock Exchange, the bank's shares improved 15 cents, or 0.38 per cent, to $39.60.
The Royal Gazet...
DATE: May 05, 2021
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CATEGORY:
Bermuda Stock Exchange
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Oil tanker company DHT Holdings Inc has reported first quarter after-tax earnings of $11.6 million, or seven cents per share.
That compares with a profit of $7.6 million in the prior quarter, and $72.2 million net income for the same period last year...
DATE: May 05, 2021
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CATEGORY:
International Business
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Hamilton Princess & Beach Club has a staycation offer for locals looking to step off the pandemic treadmill.
Its new “Staycation a Little Longer” package offers rooms for $249 per night, and a $50 hotel credit per day for those staying three nights o...
DATE: May 05, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Legacy specialist DARAG Group Ltd has executed a reinsurance transaction written through DARAG Bermuda Ltd.
DARAG said the transaction is with Pacific Valley Insurance Company, Lyft Inc’s captive insurance company.
The company said it covers PVIC’s c...
DATE: May 05, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A Bermuda start-up looking to make sustainable feminine hygiene products, has won the backing of a Canadian firm.
Founder Kristen Scott Ndiaye revealed that her company, Noémie, will receive investment backing from BmDodo Strategic Design, a graphi...
DATE: May 05, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Butterfield Bank shares were down 31 cents, or 0.78 per cent, at $39.45, on the New York Stock Exchange.
There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,600.83.
The BSX Insurance Index was up 8.28 points, or 0.46 per cen...
DATE: May 04, 2021
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-incorporated Brookfield Renewable Partners LP has described its first quarter results as “strong”.
Its funds from operations increased 3 per cent, year-on-year, to $242 million, or 38 cents per unit. However, after deducting depreciation and ...
DATE: May 04, 2021
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CATEGORY:
International Business
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