75768 results returned for search: "" category "Business"
Shares of Argus Group were up ten cents, or 2.6 per cent, at $4 after 19,779 traded on The Royal Gazette/BSX Index.
A total of 544 shares of Somers Limited were also exchanged, but with no change to the closing price of $15.25.
On the New York Stock...
DATE: Jun 28, 2018
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Government has signed an agreement with the Bitfury Group to add blockchain technology to the island’s land registry system.
In a statement it said the memorandum of understanding “advances Bermuda’s mission to improve government servic...
DATE: Jun 28, 2018
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CATEGORY:
Other
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In the second and final part of an interview with Stan Stalnaker, the founder of Bermudian-based Hub Culture speaks about the launch of the first digital asset exchange in Bermuda that islanders can sign up to, and a vision that could place the islan...
DATE: Jun 27, 2018
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CATEGORY:
Other
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Insurer Argus Group has selected fellow Bermudian-based company QuoVadis Services to provide a cloud hosting solution for its European operations.
Argus’s operations in Malta and Gibraltar will be supported by the QuoVadis platform based in a state-o...
DATE: Jun 27, 2018
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CATEGORY:
Other
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Reinsurance rates have increased this year after last year’s expensive catastrophes but momentum is fading and could vanish heading into next year.
That is the view of analysts from Standard & Poor’s, who said some Bermudian reinsurers had seen an en...
DATE: Jun 27, 2018
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CATEGORY:
Reinsurance
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AIG Life & Retirement, a division of American International Group, has appointed Adam Winslow as chief executive officer, International.
Mr Winslow is currently CEO of AIG Life Limited (UK), where he has led the business since its acquisition by AIG ...
DATE: Jun 27, 2018
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CATEGORY:
Reinsurance
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Shares of Butterfield Bank and BF&M fell as The Royal Gazette/BSX Index tumbled 2.55 per cent.
Butterfield slid $1.50, or 3.2 per cent, to close on $46 on the Bermuda Stock Exchange on the trading of 5,433 shares. In New York, the bank’s US-listed sh...
DATE: Jun 27, 2018
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CATEGORY:
Bermuda Stock Exchange
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Argus Group is selling its private placement life business to Puerto Rico-headquartered Advantage Insurance Inc.
Financial terms of the deal have not be disclosed. The transaction is expected to be completed before the end of September.
The sale incl...
DATE: Jun 27, 2018
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CATEGORY:
Reinsurance
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Five Bermudian winners of the Vend 2 Win competition are heading to New York to showcase their products at a thriving Brooklyn market on Sunday.
Four of the group received an official send-off from Jahmahl Simmons, the economic development minister, ...
DATE: Jun 27, 2018
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CATEGORY:
Local Business
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Three Bermudian companies and three overseas companies have been awarded contracts to work on the new passenger terminal building at LF Wade International Airport.
The installation of drywall and metal ceilings in the new terminal will be a joint ve...
DATE: Jun 27, 2018
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CATEGORY:
Other
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