76324 results returned for search: "" category "Business"
Horseshoe Group has announced that Fred LeMoine will succeed Nigel Godfrey as executive vice-president of insurance management services.
Mr Godfrey, who is also the group’s CFO, is to retire, effective April 30, 2019, but he will continue to be invo...
DATE: Apr 25, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A corporate jet that has been used by Argo Group International Holdings appears not to have flown for more than two months since it became a talking point in a proxy battle between the company and activist shareholders Voce Capital Management LLC.
Fl...
DATE: Apr 25, 2019
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CATEGORY:
Reinsurance
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Shares of Polaris Holding Co Ltd jumped $1.50, or 23.1 per cent, to $8 after 500 traded on The Royal Gazette/BSX Index.
Butterfield Bank reported first quarter profit of $51.7 million, and an agreement to buy a banking business in the channel Islands...
DATE: Apr 25, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Butterfield Bank made a profit of $52 million, or 96 cents per share, in the first three months of the year.
That was up from $44.2 million, or 79 cents per share, for the same period a year ago.
It has also announced an agreement to acquire Channel ...
DATE: Apr 25, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Tony Cicio has been appointed chief human resources officer by Bermudian-based Argo Group International Holdings, Ltd.
He will report to Mark Watson, chief executive officer of Argo Group, who said: “Our longstanding commitment to invest in our peop...
DATE: Apr 24, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Reinsurers’ profitability has been in decline over the past five years and the industry’s total capital fell in 2018, according to a report by Willis Re.
However, alternative reinsurance capital — including insurance-linked securities such as catastr...
DATE: Apr 24, 2019
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CATEGORY:
Reinsurance
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Shares of One Communication improved by 11 cents, or 3.2 per cent, to $3.58 after 4,000 traded on The Royal Gazette/BSX Index.
BF&M Ltd was up five cents, or 0.3 per cent, to $16.25 after 2,600 were exchanged.
In New York, shares of Butterfield Bank ...
DATE: Apr 24, 2019
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s place in the world today is less predictable than the geopolitical shifts taking place among the global order, and rising nationalism and populism overseas.
It is a paradoxical situation because, while the somewhat unsettling changes around...
DATE: Apr 24, 2019
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CATEGORY:
Other
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Bermudian lawyer Duncan Card will speak at the one day Artificial Intelligence Summit in London on June 4.
He spoke on AI’s rapid commercial development in February at the Society for Computer Law’s annual meeting in London.
Mr Card, who practices co...
DATE: Apr 24, 2019
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CATEGORY:
Other
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AirCare has carried out what it claims is the first controlled fire burn of its type in Bermuda.
The controlled burn, held to demonstrate the efficacy of having a properly installed and maintained sprinkler-based fire suppression system, was carried ...
DATE: Apr 24, 2019
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CATEGORY:
Local Business
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AUTHOR:
Business Staff