76332 results returned for search: "" category "Business"
Samuel Liss and Tony Latham have been appointed independent directors of Bermudian-based Argo Group International Holdings.
Mr Liss is managing principal of Whitegate Partners LLC, an advisory firm to operating companies and private equity firms spec...
DATE: Feb 21, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Butterfield Bank and Ascendant Group both gained ground in Bermuda Stock Exchange trading.
Butterfield shares climbed 85 cents, or 2.2 per cent, to close on $40.35 as 1,950 shares changed hands. The gains added to Wednesday’s rally when the bank surg...
DATE: Feb 21, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Financial-services consulting firm Oyster Consulting (Bermuda) Ltd has hired Ann Daniels. She will be providing consulting services with an emphasis on anti-money laundering, countering finance of terrorism and risk compliance.
Ms Daniels brings mo...
DATE: Feb 20, 2019
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Category five Hurricane Irma caused widespread destruction when it rolled through the Turks & Caicos in September 2017.
Clocking winds of more than 175mph it left at least 18 people dead, and downed 1,300 utility poles.
One of the few things left uns...
DATE: Feb 20, 2019
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
An American technology company has launched a platform designed to provide liquidity for a planned digital-asset exchange in Bermuda.
Fundamental Interactions Inc’s product allows an automated market maker to refactor quote feeds from an active exter...
DATE: Feb 20, 2019
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Butterfield Bank finished 2018 strongly with a reported profit of $50.9 million, or 92 cents per share, for the fourth quarter. That beat analysts estimates of 89 cents, and was up from 76 cents per share a year ago.
For the year, the bank achieved n...
DATE: Feb 20, 2019
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CATEGORY:
Local Business
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Shares of Butterfield Bank jumped $4.50, or 12.9 per cent, to $39.50 after 1,198 traded on The Royal Gazette/BSX Index.
In New York, the bank’s shares were up $5.08, or 14.1 per cent, at $41.10.
Meanwhile, on the local exchange, Ascendant Group Limit...
DATE: Feb 20, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Jacques Bonneau has been appointed to the board of directors of PartnerRe Ltd.
He has held multiple executive roles, most recently at Chubb Ltd, as Group chief underwriting officer from 2014 to 2017, and as CEO, Chubb Tempest Re Group from 2005 to 20...
DATE: Feb 20, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
It was a quiet day on The Royal Gazette/BSX Index, with no trades. The index remained unchanged at 2,194.83 points.
The BSX Insurance Index was down 35.6 points, or 2.31 per cent, at 1,504.96.
DATE: Feb 19, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Cyber coverage and cybersecurity solutions will be the focus of the inaugural NetDiligence Cyber Risk Summit Bermuda, at the Hamilton Princess and Beach Club next month.
The two-day event has a cocktail reception on March 13, with the following day f...
DATE: Feb 19, 2019
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CATEGORY:
Reinsurance
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