76985 results returned for search: "" category "Business"
Shares of Argus Group Holdings Ltd improved four cents, or 1.2 per cent, to $3.26 after 27,500 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, shares of Butterfield Bank were up 23 cents, or 0.69 per cent, at $33.74.
The Royal ...
DATE: Nov 17, 2020
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Scott Neil
Professional services firm KPMG in Bermuda has added to its leadership team with the appointment of three new directors.
Anam Khan has been named a director in the firm’s advisory practice, while Rosalyn Tiamzon and Sarah Robey have become directors ...
DATE: Nov 17, 2020
|
CATEGORY:
Business
|
AUTHOR:
Business Staff
The Association of Bermuda Insurers and Reinsurers has announced a new strategic partnership with Bermuda College and New York’s St John’s University, Maurice R. Greenberg School of Risk Management, Insurance & Actuarial Science, to develop diversity...
DATE: Nov 17, 2020
|
CATEGORY:
Reinsurance
|
An increase in concerns and commentary about 5G broadband network technology spurred the Regulatory Authority of Bermuda to place a temporary moratorium on its deployment on the island.
Now the RA is encouraging the public to give them their thoughts...
DATE: Nov 17, 2020
|
CATEGORY:
Business
|
AUTHOR:
Scott Neil
The scope of companies required to register under the Insurance Act is set to expand if legislation introduced by Government in the House of Assembly is passed.
The Insurance Amendment (No 2) Act 2020 requires an incorporated segregated accounts comp...
DATE: Nov 17, 2020
|
CATEGORY:
Business
|
AUTHOR:
Duncan Hall
Shares of BF&M Ltd gained 1.6 per cent in Bermuda Stock Exchange trading.
The insurer added 29 cents to close on $18.99 as 1,000 shares changed hands.
BF&M was the lone stock to trade on the BSX as The Royal Gazette/BSX Index climbed 2.22 points, or ...
DATE: Nov 16, 2020
|
CATEGORY:
Bermuda Stock Exchange
|
International General Insurance Holdings Ltd has seen rates across its book of business climb by more than a fifth so far this year.
The revelation came in the Bermudian specialist commercial re/insurer’s third-quarter earnings report, as net income ...
DATE: Nov 16, 2020
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Bermuda has recorded a negative inflation rate for a second consecutive month.
In August the annual inflation rate was -0.7 per cent. That was an improvement on the -1.4 per cent recorded in July, which was the first time the island had a negative in...
DATE: Nov 16, 2020
|
CATEGORY:
Business
|
AUTHOR:
Scott Neil
Lloyd’s of London insurer Chaucer plc has gained the necessary regulatory approvals to launch its new Bermudian reinsurance company.
The Bermuda Monetary Authority and the Central Bank of Ireland have given the green light for the company to resume o...
DATE: Nov 16, 2020
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Bermudian-based Maiden Holdings Ltd has continued its return to profitability, and reported third quarter net income of $2.2 million, or three cents per diluted common share.
That compares to a net loss of $58.3 million, or 70 cents per share for th...
DATE: Nov 16, 2020
|
CATEGORY:
Reinsurance
|