76314 results returned for search: "" category "Business"
Bermudian-based global reinsurer PartnerRe Ltd has reported net income available to common shareholders of $285 million for the second quarter of 2019.
The figure includes net realised and unrealised investments gains of $164 million on fixed maturit...
DATE: Jul 29, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based financial services company LOM Financial Ltd has reported that profits for the first half of 2019 are up year-on-year, despite a slowdown in the growth of the company.
LOM’s group profit rose 16 per cent year-on-year to $944,235 or 16...
DATE: Jul 29, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
With food fresh off the grill, and a terrace overlooking beautiful John Smith’s Bay, Bermuda’s newest beach restaurant looks to have a winning combination.
Add the sunny disposition of owners Alison Marshall and Erroll Burgess, and a variety of chill...
DATE: Jul 29, 2019
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Bermudian-based specialty re/insurer Argo Group has announced that its results for the second quarter of 2019 will be adversely affected by several loss items in the London, Europe, and Bermuda operations.
The company is set to release second quarte...
DATE: Jul 29, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based digital asset trading company XBTO International Ltd (Bermuda) has become the third firm to be granted a licence under the island’s Digital Asset Business Act.
XBTOI, a licensee of XBTO Group, is a digital asset provider offering best...
DATE: Jul 29, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Argus Group Holdings gained 6.7 per cent in Bermuda Stock Exchange trading.
The insurer gained 20 cents to close on $3.20 as 5,000 shares changed hands.
Financial-services holding company Somers Ltd remained unchanged on $15 as 500 shares t...
DATE: Jul 29, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
The group that proposed an offshore wind farm for Bermuda has praised the Regulatory Authority for backing wind power in the plan for the future of the island’s electricity sector.
The backers of the Better Energy Plan Bermuda described the Integrate...
DATE: Jul 29, 2019
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CATEGORY:
Other
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BF&M Ltd has announced the appointment of Lily Chen as group chief financial officer.
Before joining BF&M, Ms Chen served as divisional chief financial officer and chief administrative officer of Berkshire Hathaway Group, reinsurance division.
In th...
DATE: Jul 29, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
A move to new offices by Estera Bermuda demonstrates the organisation’s long-term commitment to the island, the company said.
Estera, a global provider of funds, corporate and trust services with operations in 11 jurisdictions, has moved into new dig...
DATE: Jul 29, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Dear Dave,
I had about $12,000 in debt when my husband and I got married three years ago. Since that time, we’ve been given cash gifts from my parents from time to time, and we keep having discussions on how to use this kind of money when it is given...
DATE: Jul 27, 2019
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CATEGORY:
Personal Finance
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