75889 results returned for search: "" category "Business"
Bermuda’s commitment to allowing public access to its companies beneficial ownership register will strengthen the island’s international standing, an independent expert has said.
However, Dominic Thomas-James, a specialist in British Overseas Territo...
DATE: Jul 29, 2020
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CATEGORY:
International Business
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They say when life gives you lemons, make lemonade, but mixologist Stefan Gitschner prefers to craft cocktails.
The owner of cocktail catering company Twisted Spoon has launched weekly cocktail cruises, in an effort to focus more on locals in the wak...
DATE: Jul 29, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The Government of Bermuda set the stage for developing the island’s fintech sector in early 2018 by announcing its agenda to develop a legal and regulatory framework that created a welcoming and stable environment for those operating in the evolving ...
DATE: Jul 29, 2020
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CATEGORY:
Other
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A strong second quarter performance by RenaissanceRe Holdings Ltd helped the reinsurer increase its net income to $575.8 million, or $12.63 per common share, compared to $367.9 million for the same period in 2019.
It also raised more than $1 billion ...
DATE: Jul 29, 2020
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CATEGORY:
Reinsurance
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Bermuda has gained increased visibility around the world because of its response to the Covid-19 pandemic and its move to encourage “digital nomads” to live and work on the island for up to a year.
International business executives predicted the isla...
DATE: Jul 28, 2020
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CATEGORY:
Other
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Aspen Bermuda Ltd’s insurance financial strength rating has been downgraded to A3 from A2 by Moody’s.
The same downgrade has been made to Aspen Insurance UK Ltd.
The rating agency said the move reflected Aspen’s “diminished earnings power and difficu...
DATE: Jul 28, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
HSBC Bermuda plans to stage a motorcade in celebration of Cup Match today and tomorrow.
Staff from the bank will drive from St George’s today and from Somerset tomorrow, providing giveaways as they make their way to Hamilton.
The drives will last fro...
DATE: Jul 28, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermuda Aviation Services Ltd has sold its subsidiary, IT services and consulting firm CCS Group.
Bermudian companies EEG Bravo Ltd and Celeritas Ltd partnered to acquire CCS, BAS said in a Bermuda Stock Exchange filing yesterday.
“The divestiture ...
DATE: Jul 28, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
One of the reinsurance industry’s key gatherings has been cancelled for 2020 due to disruptions and restrictions caused by the Covid-19 pandemic.
The Baden-Baden Reinsurance Meeting in Germany was to have been held from October 18 to 22. It normally ...
DATE: Jul 28, 2020
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CATEGORY:
Reinsurance
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Shares of Butterfield Bank gained 4 per cent in Bermuda Stock Exchange trading.
Butterfield gained $1 to close at $26 on the trading of 4,294 shares.
The bank’s US-listed shares closed unchanged at $26.42 on the New York Stock Exchange as 165,648 sha...
DATE: Jul 28, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
