76289 results returned for search: "" category "Business"
Executemps Ltd, one of Bermuda’s longest established temping agencies, is under new ownership.
Michelle White, the new owner, is promising to bring 21st-century innovation to the resource service business.
“Many will probably wonder why anybody wou...
DATE: Aug 12, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
A total of 25,000 shares of Argus Group Holdings Ltd traded on the Bermuda Stock Exchange.
The insurer’s share price remained unchanged on $2.62.
Argus was the only issue to trade as The Royal Gazette/BSX Index closed unchanged on 1,833.85.
The BSX I...
DATE: Aug 12, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Law firm Carey Olsen Bermuda has launched a new corporate service provider business.
Carey Olsen Services Bermuda Ltd specialises in the complete range of corporate administration and compliance services, including the formation and incorporation of ...
DATE: Aug 12, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Bermuda Government is buying back up to $500 million of its bonds from investors and selling new debt.
The move is part of the Government’s plan to restructure existing debt, with the aim of securing more favourable interest rates, and issuing ne...
DATE: Aug 12, 2020
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CATEGORY:
Other
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Shares of LOM Financial Ltd fell by 0.7 per cent in Bermuda Stock Exchange trading.
The investment firm slipped two cents to $2.75 on the trading of 10,000 shares.
The Royal Gazette/BSX Index fell 0.12 of a point, to close on 1,833.73.
The BSX Insura...
DATE: Aug 12, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The Bermuda Stock Exchange has been named as the winner of the CFI.co 2020 award for Best Offshore Securities Exchange (Caribbean and North Atlantic Region).
CFI.co, or Capital Finance International, is a London-based print journal and online resour...
DATE: Aug 11, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
LOM Financial Ltd’s board has authorised the repurchase of up to 500,000 shares for cancellation.
The investment firm and broker-dealer said the move was “approved due to a disparity between the current share price and the current book value of share...
DATE: Aug 11, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Prices for commercial insurance spiked 19 per cent in the second quarter, broker Marsh reported.
It was the largest year-over-year increase recorded by Marsh’s Global Insurance Market Index, since it was launched in 2012 and the eleventh successive q...
DATE: Aug 11, 2020
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CATEGORY:
Reinsurance
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Storing solar-generated energy to use when the sun goes down, or as back-up when the electricity goes off in a hurricane, are scenarios that can be handled by a new energy storage system coming to Bermuda.
Greenlight Energy has partnered with Tesla ...
DATE: Aug 11, 2020
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CATEGORY:
Local Business
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Mortgage insurer Essent Group Ltd’s second-quarter earnings took a hit as borrowers were stretched by the economic impact of the pandemic.
The Bermudian-based company said net income for the April-to-June period was $15.4 million, a drop of nearly 89...
DATE: Aug 11, 2020
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CATEGORY:
Reinsurance
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