75767 results returned for search: "" category "Business"
It’s not easy selling an $89,900 pen.
Former Bermuda resident Mervin Mascarenhas, has yet to find a buyer for a luxury pen he constructed out of meteorite material, two months after putting it on the market in Canada.
But the owner of pen company Mas...
DATE: Jan 16, 2019
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
Reinsurers have seen unusual rises in loss adjustment expenses and reopened claims related to the devastating hurricanes of 2017.
The trend forced many reinsurers to increase previous estimated losses from Harvey, Irma and Maria, creating a drag on ...
DATE: Jan 16, 2019
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CATEGORY:
Reinsurance
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An integrated online payments service that allows businesses to accept and manage payments with the most modern credit card technology is to be launched today by Powertranz Ltd.
The young Bermudian company partnered with First Atlantic Commerce to la...
DATE: Jan 15, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Arbitrade has put 38 gold bars on show to accompany its latest claim about the billions of dollars in bullion it has to back its crypto tokens.
It has provided two photographs which show gold bars stacked in front of a card that features Arbitrade’s ...
DATE: Jan 15, 2019
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CATEGORY:
International Business
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Willis Towers Watson Management (Bermuda) Ltd has hired Steve Arrowsmith as executive vice-president and head of client services.
Mr Arrowsmith was previously executive chairman of JLT Insurance Management (Bermuda) Ltd and in his new role will be re...
DATE: Jan 15, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A study by PwC has concluded that 65 per cent of millennials would not be able to handle a $2,000 unexpected expense and that they are unlikely to seek financial advice. The article discusses the way this generation thinks about money and their outlo...
DATE: Jan 15, 2019
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CATEGORY:
Personal Finance
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Fifty-five companies involved in fintech have incorporated in Bermuda and a number of them have started hiring.
Waiting in the wings are another 24 companies described as “strong prospects” by David Burt.
The Premier provided an update on the island’...
DATE: Jan 15, 2019
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CATEGORY:
International Business
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Shares of Somers Ltd gained nearly 5 per cent in Bermuda Stock Exchange trading yesterday.
The financial-services investment company, which owns Bermuda Commercial Bank, rose 75 cents, or 4.9 per cent, as 100 shares changed hands. Somers was the only...
DATE: Jan 15, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Preliminary results of the island’s assessment by the Caribbean Financial Action Task Force, have been discussed by the Financial Policy Council, which is headed by Curtis Dickinson, Minister of Finance.
The CFATF assessed the island’s anti-money leg...
DATE: Jan 15, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Shares of Butterfield Bank were up 38 cents, or 1.17 per cent, at $32.85 on the New York Stock Exchange.
On The Royal Gazette/BSX Index there were no trades. The index was unchanged at 2,052.86 points, while the BSX Insurance Index was up 19.85 point...
DATE: Jan 15, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
