75906 results returned for search: "" category "Business"
BF&M Ltd shares improved by 50 cents, or 2.6 per cent, to $19.50 after 1,100 traded on The Royal Gazette/BSX Index.
There was also trading in 48 shares of Somers Limited, but with no change to the closing price of $15.
On the New York Stock Exchange,...
DATE: Dec 15, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
The chairman of professional services firm KMPG in Bermuda is to retire at year-end after 31 years with the organisation.
Neil Patterson joined the audit practice of the firm in 1989 with a focus in banking and reinsurance. He became a partner in 199...
DATE: Dec 15, 2020
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CATEGORY:
Business
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AUTHOR:
Business Staff
The biggest insurance start-up in Bermuda’s history, Convex Group Ltd, is gaining traction and is looking to bolster its team and its Bermudian operation.
That will include hiring and investing in local talent, and a larger office on the island.
The ...
DATE: Dec 15, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A report that Russian authorities are pushing for that country’s carriers to re-register their aircraft domestically could impact Bermuda, where about 780 aircraft registered on the island are leased to Russian operators.
But the repatriation of Russ...
DATE: Dec 15, 2020
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CATEGORY:
Business
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AUTHOR:
Duncan Hall
A total of 7,500 shares of Somers Limited traded on The Royal Gazette/BSX Index, but with no change to the closing price of $15.
The Royal Gazette/BSX Index was unchanged at 1,886.6, while the BSX Insurance Index fell 18.96 points, or 1.18 per cent, ...
DATE: Dec 14, 2020
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CATEGORY:
Bermuda Stock Exchange
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The Argus Group has temporarily closed its offices to walk-in traffic after a staff member tested positive for the coronavirus.
In a statement the company said the premises will undergo deep cleaning before the doors are scheduled to reopen to the p...
DATE: Dec 14, 2020
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CATEGORY:
Local Business
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Belcario Thomas, has resigned as director of Beach Boys and Beach Boys West, operators of Tobacco Bay and Snorkel Park respectively, effective immediately.
Mr Thomas, a cofounder of Beach Boys and Beach Boys West, shared the news and did not wish to ...
DATE: Dec 14, 2020
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CATEGORY:
Local Business
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Professional services firm PwC Bermuda has donated more than $21,000 to 28 local charitable organisations as part of employee-led holiday giving initiatives.
The firm said employees volunteered at feeding programmes and other charitable organisations...
DATE: Dec 14, 2020
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CATEGORY:
Business
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AUTHOR:
Duncan Hall
Heritage Agency (Bermuda) Limited has donated $1,000 to support Vision Bermuda.
Vision Bermuda, formerly known as the Bermuda Society for the Blind, offers a wide range of programs to promote visual health and empower persons who are blind or visuall...
DATE: Dec 14, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
The level of compensation paid to commissioners of the Regulatory Authority of Bermuda is to be reviewed.
The RA board of commissioners has given approval for an updated benchmarking review of their remuneration to be conducted by KPMG Advisory Servi...
DATE: Dec 14, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil