76983 results returned for search: "" category "Business"
Peter Durhager has agreed to become chairman of Bermudian-based Somers Ltd, the financial services investment holding company that has a 100 per cent shareholding in Bermuda Commercial Bank Ltd.
Mr Durhager is to succeed Warren McLeland, who has serv...
DATE: Jan 08, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The second annual “Eat, Shop, Play” shop to win initiative covering Bermuda’s three Economic Empowerment Zones, and aimed at encouraging shopping in those zones, has been hailed a success.
Between Black Friday through to the end of last year, members...
DATE: Jan 08, 2021
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CATEGORY:
Local Business
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A new vehicle servicing and repairs business has opened in Pembroke.
Current Works specialises in electric and hybrid vehicles, but also conducts standard vehicle maintenance and repairs.
The business is co-owned by electric rental car pioneers Curre...
DATE: Jan 08, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Bermuda Monetary Authority has cancelled the insurance registration of Economic Risk Insurance, Ltd, a Class 3 insurer, for breaches of the Insurance Act 1978.
The BMA said yesterday it was satisfied the company was in breach of the Insurance Act...
DATE: Jan 08, 2021
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CATEGORY:
Reinsurance
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The British School of Etiquette has inked a deal with local executive coaching and leadership training firm, Clarendon Wallace, under which its full range of training courses and certification will be made available on the island.
Lorene Phillips, fo...
DATE: Jan 08, 2021
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CATEGORY:
Local Business
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Traditional dedicated reinsurance capital at the end of 2020 was estimated at $397 billion, a marginal increase year-on-year. Favourable valuations of asset levels and capital initiatives saw capital levels recover from a midyear decline.
The estimat...
DATE: Jan 08, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index closed unchanged on 2,183.86 as no shares changed hands on the Bermuda Stock Exchange.
Butterfield Bank’s US-listed shares climbed 19 cents, or 0.55 per cent, to close on $34.61 on the New York Stock Exchange, on above-ave...
DATE: Jan 07, 2021
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CATEGORY:
Bermuda Stock Exchange
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A new seafood restaurant and bar is to open on the site of the former Swizzle South Shore in Warwick.
Fisherman and restaurateur Delvin Bean will next week open the eatery Lost in the Triangle at the corner of South Road and Dunscombe Road.
The new o...
DATE: Jan 07, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Butterfield Bank shares jumped $3, or 9.7 per cent, to $34 after 3,008 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, the bank’s shares were up $2.78, or 8.61 per cent, at $34.42.
The Royal Gazette/BSX Index was up 148.35 po...
DATE: Jan 06, 2021
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CATEGORY:
Bermuda Stock Exchange
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Butterfield has been shortlisted for six Citywealth International Financial Centre Awards, which celebrate excellence in international private wealth advisory and management.
Butterfield Trust received 2021 Trust Company of the Year shortlist nominat...
DATE: Jan 06, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff