76292 results returned for search: "" category "Business"
All of Bermuda’s banks have decided to waive ATM fees for Bermuda dollar cash withdrawals for the period of “shelter in place” conditions.
This means that customers of one bank will be able to withdraw cash from the ATM of other banks without financ...
DATE: Apr 09, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Adam Bathgate has joined Walkers (Bermuda) Ltd as a partner in the firm’s Corporate, Finance, Funds and Insurance Group.
Mr Bathgate started his career with Clifford Chance and was part of its leveraged finance group in London and Munich before spe...
DATE: Apr 09, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Ten-year-old Azari Jones has a certain gift for sewing.
She got her first sewing machine at just two years old, and sold her first handmade doll outfits at eight.
Now the Dalton E Tucker student is putting her talents to work selling face masks to h...
DATE: Apr 08, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
A $40,000 pledge has been made by BF&M Limited to organisations in Bermuda and Cayman Islands working to support the community during the Covid-19 crisis.
In Bermuda, it has pledged $10,000 to support a joint corporate/hospital initiative to bring in...
DATE: Apr 08, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Axis Insurance, a division of Bermudian-based Axis Capital Holdings Ltd, announced that Michael Carr has been named the head of US excess and surplus property.
In this role, Mr Carr will be responsible for developing and executing Axis Insurance’s E...
DATE: Apr 08, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermudian-based Arch Capital Group Ltd is getting rid of single-use plastic bottles from it offices around the world as it steps up its environmental stewardship.
The goal is one of many featured in the re/insurer’s first sustainability report.
Intro...
DATE: Apr 08, 2020
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CATEGORY:
Reinsurance
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Shares of Argus Group Holdings Limited improved by six cents, or 2.6 per cent, to $2.35 after 55,000 were traded on The Royal Gazette/BSX Index.
Butterfield Bank shares were 10 cents higher, or 5.13 per cent, at $18.10, after 200 were exchanged. Whil...
DATE: Apr 08, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Reported hostility shown to telecommunications workers making network repairs has been condemned by the Regulatory Authority.
The incident was reportedly related to concerns that 5G services were being introduced, the RA said today.
The regulator st...
DATE: Apr 07, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
The Regulatory Authority is inviting comment from the public on the proposed change of control of utility Belco.
Algonquin Power and Utilities Corporation, a Canadian group, has agreed to acquire Ascendant Group Ltd, parent company of Belco, in a dea...
DATE: Apr 07, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
BF&M Ltd reported net income of $11.9 million for 2019, despite the impact of substantial hurricane claims.
The profit fell from $20.2 million in 2018 as operating expenses increased by 9 per cent to $48.6 million.
John Wight, the insurer’s group...
DATE: Apr 07, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff