76963 results returned for search: "" category "Business"
Bermuda-based global financial services provider Apex Group Ltd has secured a Fitch rating and affirmed its existing corporate ratings from Moody’s Investors Service and S&P Global Ratings ahead of the planned acquisition of Sanne Group Plc.
Fitch Ra...
DATE: Nov 03, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index closed unchanged at 2,706.08, after light trading.
Just 46 BF&M Ltd. shares changed hands, as the issue closed unchanged at $23 on the Bermuda Stock Exchange.
The Bank of Butterfield finished up 23 cents (0.62 per cent) on the New Yo...
DATE: Nov 02, 2021
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CATEGORY:
Bermuda Stock Exchange
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Related Bermuda-domiciled companies have maintained strong and stable credit ratings, it has been announced.
AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Harrington...
DATE: Nov 02, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Thirty vendors are to offer their wares at the Harbourside Market presented by the Bermuda Underwater Exploration Institute.
The annual market will be held from 10am until 4pm on consecutive Saturdays, November 13 and 20.
Entrepreneurs will have a wi...
DATE: Nov 02, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Clarien has launched a bank account application process that the company says takes just 15 minutes and is completed entirely online.
It said that the technological innovation is a first for the Bermuda market and is “aligned with Clarien’s vision of...
DATE: Nov 02, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The head of the Bermuda Stock Exchange has hailed the importance of its listing of the first catastrophe bond to be issued out of Hong Kong.
The $30 million Greater Bay Re Ltd, Series 2021-1, cat bond secures protection against losses inflicted by ty...
DATE: Nov 02, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Curtis Dickinson, the Finance Minister, has dismissed criticisms from the Opposition One Bermuda Alliance of the use of the relatively new Kroll Bond Rating Agency (KBRA).
Mr Dickinson said that Kroll was just one of the rating agencies that had rece...
DATE: Nov 02, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Fitch Ratings has placed PartnerRe Ltd.'s (PRE) ratings on rating watch positive, including its 'A-' issuer default rating (IDR) and the 'A+' (Strong) insurer financial strength (IFS) rating of Partner Reinsurance Company Ltd., the company's principa...
DATE: Nov 02, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
ZipX Bermuda has moved its collection centre to 15 Gorham Road, effective today.
The company said that the centre is located between the Lobster Pot restaurant and Oleander Cycles.
ZipX collection customers can pick up their packages from Monday to F...
DATE: Nov 02, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermuda-based Vantage Group Holdings Ltd has appointed Alex Blanco as CEO of insurance to lead the growth and development of its insurance business.
Vantage was established late last year and began writing reinsurance risk on January 1 through its Be...
DATE: Nov 02, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff