75924 results returned for search: "" category "Business"
A managing director of an alternative investment-focused financial services firm has spoken of his hope that it might open an office in Bermuda.
Mark Jennings knows the island well. He worked and lived here for five years, starting in 2009. He is n...
DATE: Mar 24, 2021
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
A huge containership that ran aground in Egypt’s Suez Canal, blocking one of the world’s major maritime trade routes, is being managed by Bernhard Schulte Shipmanagement, which has an office in Bermuda.
The Ever Given is 400 metres long, and has a gr...
DATE: Mar 24, 2021
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
MS Amlin Underwriting Ltd, the Lloyd’s market re/insurer, has appointed Bermuda market veteran Matthew Wilken to the newly created role of head of reinsurance division.
Mr Wilken will take up the position in early May, subject to regulatory approval,...
DATE: Mar 24, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda’s annual inflation rate remained negative for the fifth consecutive month in November at -0.1 per cent.
In July 2020, the island recorded its first negative inflation rate since 1965.
Consumers paid 0.1 per cent less for a basket of goods and...
DATE: Mar 24, 2021
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CATEGORY:
Economy
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AUTHOR:
Duncan Hall
Adrienne Smatt has always loved woodworking.
As a youngster, whenever her father, William Smatt of PriceBusters, had a carpentry project, she was there helping.
In college, she took woodworking courses.
But after college, she quickly found carpentry ...
DATE: Mar 24, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
More than 30 groups and individuals campaigning for action on climate change have written to Lloyd’s of London demanding that it end support for the Bahamas Petroleum Company to conduct an offshore oil drilling scheme in the waters of the Bahamas.
Th...
DATE: Mar 24, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
It was a quiet day on The Royal Gazette/BSX index, with no trades. The Index was unchanged at 2,669.61.
On the New York Stock Exchange, shares of Butterfield Bank were down $1.30, or 3.33 per cent, at $37.76.
The BSX Insurance Index was down 16.54 po...
DATE: Mar 23, 2021
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s balance of payments current account surplus fell $41 million to $201 million in the third quarter compared to the same period in 2019.
This is a measure of Bermuda’s trade with the rest of the world.
The decrease in the surplus was due main...
DATE: Mar 23, 2021
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CATEGORY:
Economy
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AUTHOR:
Business Staff
Bermudian Lauren Pereira has been Called to the Bar, and has joined the Bermuda office of international law firm Conyers as an associate in the corporate department, the firm announced.
Ms Pereira was called in a ceremony in the Supreme Court before ...
DATE: Mar 23, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Corant Global Ltd has appointed re/insurance industry veteran Kevin Stratton to lead the group’s new reinsurance operation in Bermuda.
The company said Mr Stratton has more than 30 years of specialty expertise, joining Corant from RFIB, where he held...
DATE: Mar 23, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff