75768 results returned for search: "" category "Business"
Argo Group posted a net loss of $43.6 million for the fourth quarter of last year, driven by a fall in the market value of its equity investments during the last three months of the year.
However, the Bermudian-based insurer and reinsurer managed to ...
DATE: Feb 11, 2019
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CATEGORY:
Reinsurance
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David Burt met with leaders of the Bermuda International Long Term Insurers and Reinsurers at Camden on Wednesday.
The discussion included how the Bermuda Government can work with Biltir to grow the long-term insurance industry in Bermuda and increas...
DATE: Feb 08, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sushi-loving west enders can rejoice; there’s something new to try.
Gulfstream restaurant in Southampton opened a sushi bar two weeks ago to complement its regular seafood/Italian fusion menu.
According to general manager Luca Ferrante, things have...
DATE: Feb 08, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Warwick Academy team StockClimbers have opened up a clear lead in the KPMG Senior School Investment Challenge.
In the latest standings, as of January 31, StockClimbers’ initial $100,000 virtual investment has risen by an impressive 12.5 per cent to $...
DATE: Feb 08, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
TribeOS Ltd has announced a security token offering in Bermuda — the second token to be approved under the island’s new cryptocurrency regulations.
It is also the first security token offering, or STO, under the Initial Coin Offering Act.
The compan...
DATE: Feb 08, 2019
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CATEGORY:
Other
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Shares of Ascendant Group Ltd hit a 10½-year high as they gained 4.1 per cent in Bermuda Stock Exchange trading.
The owner of power utility Belco gained 75 cents to close on $19.25 as 31,000 shares changed hands, capping a 10 per cent gain for the we...
DATE: Feb 08, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Online market website eMoo has undergone improvements and upgrades to increase its appeal, functionality and reach.
The e-commerce site was launched in 2003 and provides a platform for buying and selling second-hand goods including vehicles and boats...
DATE: Feb 07, 2019
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CATEGORY:
Local Business
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When Sharon Jacobs and Lynette Smith started at HSBC Bermuda they never imagined they’d spend the next 50 years there.
“I was just excited to have my first job,” Ms Smith said.
The year was 1968. The company was still known as the Bank of Bermuda, h...
DATE: Feb 07, 2019
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CATEGORY:
International Business
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AUTHOR:
Jessie Moniz Hardy
Professional services firm KPMG has released its annual Corporate Citizenship Report outlining the firm’s support of community initiatives during 2018.
The firm focuses its efforts on youth development, education, health, and the environment. Its cor...
DATE: Feb 07, 2019
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Catastrophe losses drove Aspen Insurance Holdings Ltd to a net after-tax loss of $146.8 million for the fourth quarter of last year.
The quarter’s costly events included wildfires in California, Hurricane Michael in the US and Typhoon Jebi in Japan.
...
DATE: Feb 07, 2019
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CATEGORY:
Reinsurance
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