75898 results returned for search: "" category "Business"
Bermuda will benefit as Ariel Re again becomes as an independent reinsurer, three years after it was acquired by Argo Group.
The company intends to stay on the island and continue to nurture its already high level of local talent.
Ryan Mather, Ariel ...
DATE: Nov 04, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
There was trading in 13,100 shares of Argus Group Holdings Ltd on The Royal Gazette/BSX Index. The shares improved 24 cents, or 8.1 per cent, to $3.21.
Meanwhile, in New York, shares of Butterfield Bank were up $1.74, or 6.3 per cent, at $29.37.
The ...
DATE: Nov 03, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Argo Group International Holdings Ltd has reported a loss of $31.6 million, or 91 cents per common share, for the third quarter.
That was worse than the $25.1 million loss incurred in the same period last year. However, operating losses were lower at...
DATE: Nov 03, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Jeneba O’Connor has diverse passions, teaching, yoga and counselling.
Exactly a year ago she brought her passions together into Metanoia Counseling and Yoga Services.
She offers traditional talk and behavioural therapy, but also helps her clients wi...
DATE: Nov 03, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Shares of Argus Group Holdings Ltd fell $1.03, or 25.8 per cent, to $2.97 after 6,000 traded on The Royal Gazette/BSX Index.
Butterfield Bank improved 89 cents, or 3.5 per cent, to $26.10 after 291 shares changed hands. On the New York Stock Exchange...
DATE: Nov 02, 2020
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CATEGORY:
Bermuda Stock Exchange
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Hiscox Re & ILS saw gross written premiums decrease by 7 per cent to $763.6 million in the first nine months of this year.
Excluding the impact of reinstatements following losses last year, premiums are down by 12 per cent in the period up to the end...
DATE: Nov 02, 2020
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CATEGORY:
Reinsurance
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A company that is part of Bermudian-based Coralisle Group Ltd is working with The Bahamas Government to provide overseas visitors with Covid-19 safe-travel insurance protection.
CG Atlantic Medical & Life, which is Bahamas-based, is launching a healt...
DATE: Nov 02, 2020
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CATEGORY:
Business
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Reinsurance franchise Ariel Re is being bought from Argo Group for an undisclosed sum.
Private equity investors Pelican Ventures and JC Flowers have agreed to acquire Ariel Re from Bermudian-based Argo Group. Ariel Re was founded by Don Kramer in 200...
DATE: Nov 02, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Quarantine bracelets are helping to spread the word about Bermuda as a place for new tech ideas, and assisting the island to keep a lid on Covid-19.
Bermuda rolled out the technology in the summer. It has now been taken up in other places, notably Ha...
DATE: Nov 02, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
A broad measure of Bermuda’s economic activity contracted in the first quarter of this year, primarily from the impact of the Covid-19 pandemic.
Gross domestic product, the value of goods and services generated by the island’s economy, fell year-on-y...
DATE: Nov 01, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil