75770 results returned for search: "" category "Business"
The founder and chief executive officer of a fintech firm that is to set up on the island has told a US Senate Banking Committee that the regulatory approach taken by the Bermuda Government “can and should be emulated by other countries”.
Jeremy Alla...
DATE: Jul 31, 2019
|
CATEGORY:
Other
|
AUTHOR:
Duncan Hall
Butterfield Bank shares improved by five cents, or 0.16 per cent, to $31.43 on the New York Stock Exchange.
Meanwhile, on The Royal Gazette/BSX Index, 800 shares of One Communications Ltd were traded, but with no change to the closing price of $3.75....
DATE: Jul 31, 2019
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Business Staff
Bermudian-based Hiscox reported a 3 per cent increase in first-half profit, as premiums rose and investment performance improved.
Profit before tax for the first six months of the year totalled $168 million, up from $162.7 million in the same period ...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
Three Bermudians have joined the working ownership team of the company that runs Flanagan’s Irish Pub on Front Street.
There are now ten working owners at Harbourside Holdings, which is the holding company of the Outback Sports Bar, The Snug Café, Th...
DATE: Jul 30, 2019
|
CATEGORY:
Local Business
|
Belco has declared its in-principle support for the island’s first Integrated Resource Plan.
The IRP, released by the Regulatory Authority of Bermuda on Thursday, outlines the framework for the island’s energy requirements over the next 25 years.
Bel...
DATE: Jul 30, 2019
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
Sun Life Financial International welcomed Team Bermuda athletes at its Hamilton office to celebrate their achievements at the 2019 NatWest Island Games in Gibraltar.
The team won six silver medals and eight bronze medals at the Games.
Sun Life, a sp...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
One Communications Ltd has reported net income of $7.7 million for the first six months of 2019, an increase of $500,000 year-on-year.
The telecommunications holding company, with operations in Bermuda and the Cayman Islands, had shareholders’ equity...
DATE: Jul 30, 2019
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
Bermudian-based Arch Capital Group Ltd has reported net income for the second quarter of $458.6 million, nearly double the $233.2 million achieved for the same period last year.
After-tax operating income was $317.4 million, compared to $242.6 millio...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Axa XL has awarded the 2019 Axa XL Scholarship Mount Saint Agnes Academy Valedictorian Conor Sinclair.
The Axa XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are wor...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Press Release
Shares of One Communications Ltd fell by 25 cents, or 6.3 per cent, to $3.75, after 200 traded on The Royal Gazette/BSX Index.
Butterfield Bank shares closed 55 cents, or 1.7 per cent down, at $32.50 after 300 changed hands, while in New York the ban...
DATE: Jul 30, 2019
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Business Staff