76292 results returned for search: "" category "Business"
Three US state legislatures are considering legislation aimed at forcing insurers to cover pandemic-related business interruption losses — overriding exclusions in policies.
Should such legislation be applied all over the US, the insurance industry w...
DATE: Mar 26, 2020
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CATEGORY:
Reinsurance
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During the Covid-19 crisis, perfumer Isabelle Ramsay-Brackstone is putting her skills to work helping the community.
In the last week, the owner of Lili Bermuda, and her son William, have made more than 500 litres of hand sanitiser to donate to fron...
DATE: Mar 26, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Thoshlae and Taylor Williams were just getting their new Airbnb management business, Elevate Host Services, off the ground, when the Covid-19 pandemic struck.
“We lost thousands of dollars in cancellations,” Ms Williams said. “Luckily, we don’t have ...
DATE: Mar 26, 2020
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
One of the side-effects of the Covid-19 crisis is the potential for swimming pools to turn into health hazards.
With non-essential retail outlets closed to walk-in customers, pool owners’ ability to buy pool-cleaning materials is limited.
Island Trad...
DATE: Mar 26, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermuda Press Holdings Ltd has suspended payment of dividends and has postponed the annual general meeting meeting that was scheduled for March 27.
The decisions taken by the group’s board of directors were driven by government-mandated measures to l...
DATE: Mar 26, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Shares of Butterfield Bank surged 10.4 per cent in Bermuda Stock Exchange trading.
The bank gained $1.70 to close on $18 as 200 shares changed hands.
Butterfield’s US-listed shares moved in the opposite direction, sliding $1.08, or 5.96 per cent, to ...
DATE: Mar 26, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The first seven cases of Covid-19 in Bermuda have been confirmed and the situation continues to develop.
Readers will have felt the effect on their everyday lives for some time, including in the workplace. Employers are facing trying times dealing w...
DATE: Mar 26, 2020
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CATEGORY:
Other
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LONDON (Reuters) — Delaying the Olympics is likely to cost insurers much less than cancelling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a postponement, industry sources say.
The ...
DATE: Mar 25, 2020
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CATEGORY:
Reinsurance
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Real estate transactions in play when the Covid-19 pandemic reached Bermuda continue to be processed, a leading realtor said yesterday.
Sharon Cranfield, chair of the real estate division at the Chamber of Commerce said: “Sales transactions are progr...
DATE: Mar 25, 2020
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Bermuda’s telecoms and energy watchdog has taken swift action to protect consumers and small businesses during the Covid-19 pandemic.
The Regulatory Authority has issued the Regulatory Authority (Covid-19) Emergency General Determination 2020, which ...
DATE: Mar 25, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall