75908 results returned for search: "" category "Business"
Bermuda Security Group has been named as an authorised international service provider by Alarm.com, the American technology company.
BSG, which said it has been home to the island’s first 24-hour “central station” that has evolved to become a fully r...
DATE: Dec 24, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Butterfield Bank shares fell 47 cents, or 1.5 per cent, to $30.10 after 200 traded on The Royal Gazette/BSX Index.
In New York, the bank’s shares were up $1.09, or 3.62 per cent, at $31.19.
The Royal Gazette/BSX Index was down 23.34 points, or 1.16 p...
DATE: Dec 23, 2020
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CATEGORY:
Bermuda Stock Exchange
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Law firm Phoenix Law Chambers has had its corporate service business provider licence revoked by the Bermuda Monetary Authority.
The BMA said it had done this due to breaches of the Corporate Service Business Provider Act 2012 in three key areas. It ...
DATE: Dec 23, 2020
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
The International Women’s Day Bermuda committee has banded together to answer an emergency request for assistance from the Women’s Resource Centre.
It has provided holiday gifts for ten families in crisis.
Katarina Hoskins and Wendy Percy, founding c...
DATE: Dec 23, 2020
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CATEGORY:
Local Business
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Bermudian-based re/insurer Ascot Bermuda Ltd has donated $50,000 to 20 local charitable organisations as an employee-led holiday giving initiative.
Joe Roberts, group chief financial officer, said: ”Employees were asked to nominate the local charity ...
DATE: Dec 23, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based specialty insurance underwriters Argo Group International Holdings Ltd has agreed to sell its Italian operations, ArgoGlobal Assicurazioni S.p.A to Perfuturo Capital AG, a Swiss holding company.
Argo said Perfuturo is fully owned by P...
DATE: Dec 23, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Construction Association of Bermuda is “encouraged” by Government’s $13.4 million short-term economic stimulus programme but says it has missed an opportunity to support training in the trades, the organisation’s president said yesterday.
Simon T...
DATE: Dec 23, 2020
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CATEGORY:
Economy
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AUTHOR:
Duncan Hall
Staff at the Little Venice, L'Oriental and L'Oriental Express restaurants decided the food and money that would normally go towards their Christmas staff party would instead go towards 50 meals for The Eliza DoLittle Society.
Danny Lim, executive che...
DATE: Dec 22, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-based Oil Casualty Insurance, Ltd has announced that its subsidiary, OCIL Specialty Ltd, formed this year, has been assigned a financial strength Rating of A- and a long-term issuer credit rating of “a-“ by AM Best.
Further, OCIL Specialty...
DATE: Dec 22, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Argus Group Holdings Ltd fell more than 8 per cent on high volume in Bermuda Stock Exchange trading.
The insurer slumped 31 cents, or 8.6 per cent, to close on $3.31 as 80,900 shares changed hands.
Fellow insurer BF&M Ltd gained 55 cents, o...
DATE: Dec 22, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff