76292 results returned for search: "" category "Business"
Telecoms holding company One Communications Ltd recorded net income of $16 million in 2019, the company reported in a filing with the Bermuda Stock Exchange.
That was an increase of $900,000 over the net income recorded a year earlier.
The company re...
DATE: Mar 13, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermudian-based International General Insurance Company Ltd has been granted provisional approval by the National Association of Insurance Commissioners to begin writing US excess and surplus lines business effective April 1.
The approval is pending ...
DATE: Mar 13, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares of Argus Group Holdings Ltd rocketed 23 per cent in heavy Bermuda Stock Exchange trading.
The insurer gained 59 cents to close on $3.15 as 163,678 shares changed hands.
The only other stock to trade was One Communications Ltd, which remained u...
DATE: Mar 13, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Radio frequency fields from mobile phones are “possibly” carcinogenic to humans based on an increased risk of certain brain tumours, according to the World Health Organisation.
University of Albany, New York professor David Carpenter, believes the W...
DATE: Mar 12, 2020
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
Bermuda’s banks say they will work with customers who struggle financially in the event of coronavirus-related economic disruption.
The Bermuda Bankers Association said last night that its members had been “very active in preparing for the potential ...
DATE: Mar 12, 2020
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CATEGORY:
Other
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A team from Bermuda High School has risen to the top of the rankings in the KPMG Investment Challenge.
The Profit-eroles had grown their imaginary portfolio of $100,000 to $113,145 by the end of February: an impressive achievement in light of the sto...
DATE: Mar 12, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Legal & General Re turned a profit of $578 million in 2019 — impressive for a company that set up in Bermuda with a couple of employees just five years ago.
The company, a subsidiary of the UK-based Legal & General Group, is a member of Bermuda’s boo...
DATE: Mar 12, 2020
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CATEGORY:
Reinsurance
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Shares of Butterfield Bank dived 10.4 per cent on the Bermuda Stock Exchange yesterday.
The bank fell $2.80 as 625 shares changed hands to close on $24.
The fall went some way to catching up with the 15.5 per cent drop suffered by Butterfield’s US-l...
DATE: Mar 11, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Bermuda’s struggling real estate market will only recover if the island’s banks begin lending again, an economist told a construction and trades industry conference.
Robert Stubbs, who is head of research at think tank Seed Bermuda, was speaking on a...
DATE: Mar 11, 2020
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CATEGORY:
Other
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AUTHOR:
Duncan Hall
People should be able to explain in 30 seconds why they are a good choice to sit on a board, an independent director told attendees at an event to mark International Women’s Day in Bermuda.
Kim Perdikou was speaking to an audience of 50 people, mainl...
DATE: Mar 11, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff