76258 results returned for search: "" category "Business"
A subsidiary of Bermudian-based holding company Monument Re Ltd has acquired a life insurance company with a market presence in Luxembourg, Belgium and Italy.
Monument Assurance Luxembourg will acquire AME Life Luxembourg from French mutual insurance...
DATE: May 13, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
A gift shop that caters to the tourist trade is seeking vendors with locally-made or Bermuda-themed merchandise.
Oceans Gift Shop at the Bermuda Underwater Exploration Institute said it wishes to showcase the items in its outlet this summer.
Barb Jon...
DATE: May 13, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
Business Staff
It's all systems go for Bermuda's newest telecommunication company, Horizon Communications Ltd.
It has started connecting business customers in Hamilton, and will soon offer services to residents and businesses around the island.
Using wireless techn...
DATE: May 13, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil
Shares of Butterfield Bank were down $1.38, or 3.56 per cent, at $37.40 on the New York Stock Exchange.
There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,694.12.
The BSX Insurance Index was down 23.84 points, or 1.35 per c...
DATE: May 12, 2021
|
CATEGORY:
Bermuda Stock Exchange
|
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
|
CATEGORY:
International Business
|
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
|
CATEGORY:
International Business
|
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
|
CATEGORY:
International Business
|
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
|
CATEGORY:
Reinsurance
|
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
|
CATEGORY:
International Business
|
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
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil