75908 results returned for search: "" category "Business"
Bermudian-based specialty re/insurance outfit Hamilton Insurance Group Ltd has appointed Elaine Scully as senior vice-president, head of casualty insurance in its Bermuda company, Hamilton Re Ltd.
Ms Scully will report to Tim Duffin, chief underwriti...
DATE: Jan 15, 2021
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CATEGORY:
Reinsurance
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HSBC Bermuda announced yesterday that its Church Street, Hamilton, branch will reopen on Monday.
The branch, which was closed over the Christmas and new year holiday period, will be open every weekday from 9am through 4pm, starting on January 18.
“We...
DATE: Jan 15, 2021
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CATEGORY:
Business
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Retail industry veteran Paula Clarke is to step down as chief executive officer of Gibbons Company after more than two decades in the role.
Ms Clarke, who became CEO in 1998, said: “I plan to retire from Gibbons Company on July 1 this year, I will ho...
DATE: Jan 15, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Shares of Butterfield Bank climbed 1.5 per cent in Bermuda Stock Exchange trading.
The bank gained 50 cents to close on $34.75 as 1,850 shares changed hands.
Butterfield’s US-listed shares also gained ground, advancing 46 cents, or 1.32 per cent, to ...
DATE: Jan 14, 2021
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CATEGORY:
Bermuda Stock Exchange
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More than 6,000 metric tonnes of greenhouse gas is generated by RenaissanceRe's Bermuda operations each year, with air travel and purchased electricity accounting for the bulk of the carbon emissions.
To offset the impact of those emissions it is su...
DATE: Jan 14, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Shares of Argus Group Holdings Ltd improved 87 cents, or 26.3 per cent to $4.18 after 100 traded on The Royal Gazette/BSX Index.
Bermuda Aviation Services Ltd lost ground, falling 10 cents, or 4.8 per cent, to $2 after 200 shares changed hands.
On th...
DATE: Jan 13, 2021
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Economic Development Corporation is to offer virtual information sessions next week for small and medium-sized construction companies that wish to pre-qualify to be considered for contracts as part of Government's $13.4 million economic s...
DATE: Jan 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based reinsurance company Canopius Reinsurance Limited has been granted a Class 4 Reinsurer licence by the Bermuda Monetary Authority.
Canopius said the reclassification will significantly extend Canopius Re’s scope, enabling it to increase...
DATE: Jan 13, 2021
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CATEGORY:
Reinsurance
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Bermudian-based specialty re/insurance outfit Hamilton Insurance Group Ltd has made two senior appointments in its Lloyd's operations, Hamilton Managing Agency Ltd.
Trevor Ormes joins as deputy active underwriter of Syndicate 4000 and head of profess...
DATE: Jan 13, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
One of the major cruise operators that sails to Bermuda burnt through an average of $500 million a month during the fourth quarter. In a preliminary summary, Carnival Corporation reported adjusted net loss of $1.9 billion for the three-month period.
...
DATE: Jan 13, 2021
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CATEGORY:
International Business
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AUTHOR:
Scott Neil