75974 results returned for search: "" category "Business"
The Bermuda Stock Exchange has joined the United Nations Sustainable Stock Exchanges initiative as a partner exchange.
The BSX said the SSE initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, r...
DATE: May 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Maiden Holdings Ltd has reported first quarter net income of $71.7 million, or 83 cents per common share.
That compares to a profit of $20.9 million in the first quarter of 2020.
LawrenceMetz, president and co-chief executive officer ...
DATE: May 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Digicel is partnering with World Central Kitchen to tackle food insecurity in St Vincent & the Grenadines.
Since the La Soufrière volcano in St Vincent began erupting on April 9, 30,000 people have been displaced, causing a humanitarian crisis.
WCK, ...
DATE: May 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based global re/insurer PartnerRe Ltd has reported a net loss of $66 million for the first quarter.
The company said the result was driven by $344 million of net unrealised losses on fixed maturities due to risk-free rate movements which ar...
DATE: May 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter.
That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020.
The Bermudian-headquartered com...
DATE: May 12, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Electronic waste that weighed the equivalent of five family cars has been salvaged and shipped from Bermuda to be recycled in the US.
And that was only the most recent shipment made by Guardian, a secure document destruction and paper recycling compa...
DATE: May 12, 2021
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
SiriusPoint Ltd, the Bermudian-headquartered global speciality re/insurer, has reported net income of $130.9 million, or $1.05 per diluted common share, for the first quarter.
The company reported tangible diluted book value per share of $13.97 as of...
DATE: May 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based White Mountains Insurance Group Ltd has reported a comprehensive loss attributable to common shareholders of $74 million in the first quarter.
That compares to a loss of $132 million a year ago.
White Mountains Insurance Group include...
DATE: May 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Banking industry veteran Neville Grant has joined Bermuda Commercial Bank as chief commercial officer.
The bank said Mr Grant joins BCB with 28 years of experience, including senior banking roles at HSBC, both in Bermuda and internationally, as well ...
DATE: May 12, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Jim Williamson has succeeded John Doucette as head of the Everest Reinsurance Division, the Bermudian-based re/insurer Everest Re Group Ltd announced.
Mr Williamson, the company’s executive vice-president and group chief operating officer, takes on t...
DATE: May 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff