76975 results returned for search: "" category "Business"
The Argus Group is partnering with the Employee Assistance Programme of Bermuda to sponsor a series of webinars aimed at providing mental and emotional support to individuals dealing with elevated stress levels during the Covid-19 pandemic.
Looking f...
DATE: Mar 16, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
A total of 1,000 shares of Argus Group Holdings Ltd traded on The Royal Gazette/BSX Index. The stock ended down 20 cents, or 4.2 per cent, at $4.55.
On the New York Stock Exchange, shares of Butterfield Bank were down 91 cents, or 2.25 per cent, at $...
DATE: Mar 15, 2021
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CATEGORY:
Bermuda Stock Exchange
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Maiden Holdings Ltd has reported it turned a fourth quarter profit of $47.7 million, compared to a net loss of $21.5 million a year earlier.
The company said operating earnings were $45 million compared to an operating loss of $3.5 million for the sa...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Independent specialist insurance and reinsurance broker Miller is to set up a new platform in Bermuda.
The company said the office will be led by industry veteran Charlie Simpson, who joins Miller as Head of Bermuda.
Miller said Mr Simpson will conce...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax.
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DATE: Mar 15, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
PartnerRe Ltd has raised $200 million through the issue of eight million 4.875 per cent preferred shares.
The Bermudian-based re/insurer said 4.875 per cent fixed rate non-cumulative redeemable preferred shares, Series J have a liquidation value of ...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A subsidiary of Bermudian-based re/insurer Arch Capital Group has launched a new transport and logistics insurance division, which will be based in London.
ACG subsidiary Arch Insurance International said the unit will be led by insurance veteran St...
DATE: Mar 15, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Teaching youngsters about good saving habits is part of the aim of new savings accounts for children aged 7 and up, that have been launched by HSBC Bermuda Bank Limited.
To celebrate the Easter holiday season, every child who opens either the MySavin...
DATE: Mar 15, 2021
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CATEGORY:
Banking
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Corporate services company Ocorian has named Damian Resnik as its new managing director in Bermuda.
Mr Resnik joined the group in June 2019 as client and operations director. A statement said Mr Resnik will continue to build on Ocorian’s presence in ...
DATE: Mar 15, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Borr Drilling Ltd. last week reported a loss of $46.7 million in its fourth quarter.
On a per-share basis, the company said it had a loss of 22 cents.
The Associated Press said The oilfield services company posted revenue of $60.2 milli...
DATE: Mar 15, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff