76281 results returned for search: "" category "Business"
Working from home can have a negative impact on career development and lead to exhaustion and burnout. It can also adversely affect company culture and team cohesion, and have a knock-on impact on the local economy.
Those were discussion points for a...
DATE: Oct 29, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermudian-based drinks giant Bacardi has appointed Mauricio Vergara as president and chief operating officer of Patrón.
A seven-year Bacardi veteran, Mr Vergara has a diverse background serving in leadership positions across marketing, commercial an...
DATE: Oct 29, 2020
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CATEGORY:
International Business
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Bermudian-based online payment gateway First Atlantic Commerce is expanding into the Dominican Republic.
Access into the Caribbean country is coming through Azul, one of the commercial brands of Servicios Digitales Popular and subsidiary of Grupo P...
DATE: Oct 29, 2020
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CATEGORY:
Business
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Bermudian-based White Mountains Insurance Group Ltd has received a cash boost from yesterday’s initial public offering from US insurtech firm MediaAlpha.
The Bermudian company offered 2.99 million of its MediaAlpha shares as part of the IPO, which w...
DATE: Oct 29, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Demand for luxury properties is heating up as the island’s success in curbing the spread of Covid-19 adds to its appeal as a place to live.
Coldwell Banker Bermuda Realty has seen great interest in high-end properties from prospective overseas buyers...
DATE: Oct 29, 2020
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CATEGORY:
Business
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AUTHOR:
Jonathan Kent
Luxury hotel The Loren will keep its focus on the local market into next year after a successful summer for staycations.
In June, the Smith’s resort was the first Bermuda hotel to reopen after lockdown, offering special rates and packages to tempt i...
DATE: Oct 29, 2020
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CATEGORY:
Business
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AUTHOR:
Jonathan Kent
Axis Capital Holdings announced a net loss of $73 million for the third quarter as catastrophe losses took a heavy toll.
The Bermudian-based re/insurer said estimated net pre-tax catastrophe and weather-related losses totalled $240 million.
Hurricane...
DATE: Oct 28, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Argus Group Holdings Limited fell by 28 cents, or 8.8 per cent, to $2.92 after 10,200 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, shares of Butterfield Bank were down 27 cents, or 1.03 per cent, at $26.03.
The Ro...
DATE: Oct 28, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Butterfield Bank made a profit of $30.5 million, or 61 cents per share, for the third quarter. This was down from the $42.4 million it achieved a year ago, and a decline of $3.8 million from the second quarter.
During the period it had a $8.9 million...
DATE: Oct 28, 2020
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CATEGORY:
Business
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AUTHOR:
Scott Neil
PartnerRe has established a new partnership with Ladder, which pioneered the use of machine learning to instantly underwrite life insurance online.
Ladder created a streamlined, ten-minute digital process to help modern consumers care for their famil...
DATE: Oct 28, 2020
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CATEGORY:
Reinsurance
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