77030 results returned for search: "" category "Business"
Residents and tourists seeking a reason to travel up the country were given plenty to consider yesterday as the West End Development Corporation held its annual networking breakfast at historic Royal Naval Dockyard.
Some 200 guests from all sectors o...
DATE: Mar 28, 2019
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Frog & Onion Pub in Dockyard, is open for business again after a $500,000 renovation.
But don’t panic, history lovers, the vintage bits — the candles, the bust of General Abernathy, the giant bellows — are still there.
“Some of our long-time reg...
DATE: Mar 28, 2019
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The Bermuda Government’s plans for an overhaul of the healthcare financing system will effectively shift costs from government-backed insurance schemes to private healthcare insurance.
The likely result is that employers and the more than 33,000 empl...
DATE: Mar 28, 2019
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CATEGORY:
Other
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Bermudian reinsurer RenaissanceRe Holdings Ltd is to offer $400 million of senior notes.
The notes offer investors a 3.6 per cent yield and are due 2029. The company said it expects to close the offering on or about April 2, 2019, subject to customar...
DATE: Mar 28, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The newly re-elected chairwoman of the Bermuda branch of the Institute of Directors says its members can play a larger role on the boards of island-based companies.
Rochelle Simons says she wants to raise the profile of IoD members who are available ...
DATE: Mar 28, 2019
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CATEGORY:
Other
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AUTHOR:
Business Staff
Bermudian-based mutual insurer Oil Insurance Ltd has reported a net loss for 2018 of $675.6 million.
Oil recorded a $404.6 million underwriting loss. The net loss figure factors in net investment losses and administrative expenses.
The year-end finan...
DATE: Mar 28, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian reinsurer Watford Holdings Ltd started trading on the Nasdaq Stock Exchange today.
Existing shareholders of the company, which was founded by Bermudian re/insurer Arch Capital five years ago, were aiming to sell 3.59 million shares in an of...
DATE: Mar 28, 2019
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CATEGORY:
Reinsurance
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The Royal Gazette/BSX Index was unchanged on 2,139.23 as no shares traded.
Butterfield Bank did trade on the New York Stock Exchange, with its US-listed shares gaining 34 cents, or 0.97 per cent, to close on $35.40.
The BSX Insurance Index fell 0.32 ...
DATE: Mar 28, 2019
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Omega Dark will become Bermuda’s first licensed cryptocurrency exchange.
David Burt, the Premier, announced this month in the House of Assembly, that the exchange’s parent company, Omega One was to receive its digital asset business licence. The comp...
DATE: Mar 27, 2019
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CATEGORY:
International Business
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Bermudian-based Hamilton Insurance Group, the holding company for insurance and reinsurance operations in Bermuda and at Lloyd’s, has announced two executive-level appointments, and one departure from the company.
Peter Barrett, former chairman of Ll...
DATE: Mar 27, 2019
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff