75883 results returned for search: "" category "Business"
A company that provides insurance cover for the theft or loss of cryptoassets has been licensed to operate in Bermuda.
Evertas is using Artex Risk Solutions (Bermuda) as its insurance manager and representative in Bermuda.
It is focused on covering i...
DATE: Jun 11, 2020
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CATEGORY:
Reinsurance
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A cargo plane has been added to the fleet of Longtail Aviation.
Bermuda’s only air carrier has been focused on VIP charter business, but has branched out with a dedicated all-cargo B747-400F aircraft.
Martin Amick, chief executive officer of Longtail...
DATE: Jun 11, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Royal Gazette/BSX Index fell 6.6 per cent as three stocks fell and one advanced on the Bermuda Stock Exchange. The index closed 129.49 points down at 1,826.22.
Insurer BF&M Ltd was the one issuer to gain ground, adding $1.75, or 11.1 per cent, to...
DATE: Jun 11, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Argus Group’s car, motorcycle and small business customers will receive a 50 per cent rebate on their motor insurance policy premiums for the month of April as a result of decreased driving and claims during to the shelter-in-place period.
Customers...
DATE: Jun 10, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Argus Group Holdings Ltd gained 7 per cent in Bermuda Stock Exchange trading.
The insurer, the only stock to trade on the BSX, climbed 15 cents to close on $2.30 on the trading of 58,900 shares.
The Royal Gazette/BSX Index added three point...
DATE: Jun 10, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Shares of Ascendant Group Ltd gained 1.3 per cent in Bermuda Stock Exchange trading.
The parent company of power utility Belco advanced 40 cents to close on $31 as 700 shares changed hands.
The US-listed shares of Butterfield Bank slid 74 cents, or 2...
DATE: Jun 09, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Bermuda Aviation Services Limited has acquired the outstanding minority interest of BAS-Serco Ltd from North American shareholder Serco Inc. The company said there is no impact to the management or employees.
BAS-Serco has been renamed BAS Facilities...
DATE: Jun 08, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Olderhood Group has appointed Ian Dale as a non-executive director.
Mr Dale, a UK-based Chartered Institute of Personnel and Development-accredited coach and business consultant, will assist Olderhood with the strategic expansion of their intera...
DATE: Jun 08, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The chief executive office of Bermudian-based PartnerRe, Emmanuel Clarke, has taken over at the helm of the Global Reinsurance Forum.
He succeeded Kevin O’Donnell, CEO of Bermudian-based RenaissanceRe, who completed a two-year term as chairman of GRF...
DATE: Jun 08, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Butterfield Bank surged 15.4 per cent in Bermuda Stock Exchange trading.
The bank jumped $3.75 to close on $28.05 as 10,000 shares changed hands.
Butterfield’s US-listed shares gained 53 cents, or 1.9 per cent, to close on $28.39 on the New...
DATE: Jun 08, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff