75763 results returned for search: "" category "Business"
Nearly half a million dollars worth of Butterfield Bank shares changed hands on the Bermuda Stock Exchange.
The bank’s share price remained unchanged on $52, as 9,329 shares with a value of $484,957 were traded.
Butterfield’s US-listed shares gained ...
DATE: Aug 31, 2018
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-based Nephila Capital, the world’s largest manager of insurance-linked securities, has agreed to be bought out by US insurer Markel Corporation.
Nephila has about $12.2 billion of assets under management and Markel indicated today that the ...
DATE: Aug 31, 2018
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CATEGORY:
Reinsurance
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Maiden Holdings has sold its US reinsurance unit to a subsidiary of fellow Bermudian company Enstar Group.
Maiden will receive net proceeds of $307.5 million for its Missouri-based subsidiary Maiden Reinsurance North America.
Enstar will operate the ...
DATE: Aug 31, 2018
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CATEGORY:
Reinsurance
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A new café has opened in Hamilton, and it carries the spirit of the original Lemon Tree Café.
Chef Jean-Claude Garzia has created JC’s Café at the premises formerly used by Victoria Grill, on Victoria Street.
It has initially opened as a takeout café...
DATE: Aug 30, 2018
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CATEGORY:
Local Business
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Apollo’s proposed takeover of Aspen Insurance Holdings could be derailed in the event of major catastrophe losses in the coming months.
The Bermudian insurer and reinsurer agreed a $2.6 billion deal to be acquired by funds owned by US private-equity...
DATE: Aug 30, 2018
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CATEGORY:
Reinsurance
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Maiden Holdings Ltd has sold the renewal rights for its US treaty reinsurance business to American reinsurer Transatlantic Re.
The Bermudian reinsurer said it was also in advanced talks to sell its US subsidiary Maiden Reinsurance North America.
Maid...
DATE: Aug 30, 2018
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CATEGORY:
Reinsurance
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Ashley Bento and Monica Kelly are the two recipients of Appleby’s 2018 Legal Education Awards.
The two Bermudian law students will begin their two-year training contracts with Appleby in 2019.
Four other students were Legal Education Bursary recipie...
DATE: Aug 30, 2018
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CATEGORY:
Other
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Troncossi Public Relations consultancy is closing down for at least a year. It has been in business since 2000.
Elizabeth Tee, managing director and founder, is leaving Bermuda to do a cooking course at Le Cordon Bleu in London before travelling in E...
DATE: Aug 30, 2018
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CATEGORY:
Local Business
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Brian Dowd is to be the new chairman of PartnerRe Ltd, he takes over from John Elkann, who has been in the position for two years.
Mr Elkann is chairman and chief executive officer of Exor, the Italian investment firm that acquired PartnerRe in 2016....
DATE: Aug 30, 2018
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CATEGORY:
Reinsurance
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Shares of Watlington Waterworks Ltd fell by $3, or 12 per cent, to $22 after 500 traded on The Royal Gazette/BSX Index.
One Communications Ltd improved by five cents, or 1.8 per cent, to $2.90 after 1,944 shares changed hands.
On the New York Stock E...
DATE: Aug 30, 2018
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CATEGORY:
Bermuda Stock Exchange
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