76347 results returned for search: "" category "Business"
Bermudian-based insurer Ironshore announces that its Pembroke Managing Agency has been granted “in principle” approval by the Lloyd’s Franchise Board to create GIC Re’s syndicate at Lloyd’s.
GIC Re is ranked twelfth among the top 40 global reinsurer...
DATE: Dec 21, 2017
|
CATEGORY:
Reinsurance
|
US tax reforms approved this week by the US Congress will be “credit negative” for the Bermuda re/insurance market, Fitch Ratings says.
The US credit rating agency added that it expected the tax reforms, which will take effect from January 1, to ben...
DATE: Dec 21, 2017
|
CATEGORY:
Reinsurance
|
Bermuda’s inflation rate crept down to 1.5 per cent in September, the lowest rate recorded in more than a year and down 0.8 percentage points from August.
The main driver of cost-of-living increases over the past year was the transport and foreign tr...
DATE: Dec 20, 2017
|
CATEGORY:
Economy
|
Shareholders of Aecon, the company overseeing the project to build Bermuda’s new airport terminal, have approved the sale of the company to a Chinese firm.
CCCC International Holding Ltd, a subsidiary of China Communications Construction Company Ltd,...
DATE: Dec 20, 2017
|
CATEGORY:
Other
|
Western Union is looking to work with a new partner in Bermuda to undertake international money transfers.
The global financial-services giant told The Royal Gazette that its services on the island were unavailable now as its agent had “ceased money ...
DATE: Dec 20, 2017
|
CATEGORY:
Other
|
A total of 30,016 shares of One Communications Ltd traded on The Royal Gazette/ BSX Index, but there was no change to the closing price of $3.
Likewise, shares of LOM Financial Ltd remained static, although 1,500 changed hands on the Index, which was...
DATE: Dec 20, 2017
|
CATEGORY:
Bermuda Stock Exchange
|
Hamilton Underwriting Ltd has agreed a deal that will see it transfer the legacy book it inherited when it bought Sportscover Underwriting Ltd in 2015.
“This transaction enables us to focus on the 2015 and post years of account as we continue to buil...
DATE: Dec 20, 2017
|
CATEGORY:
Reinsurance
|
US tax reform legislation has today cleared its final political hurdle and will next go to President Donald Trump’s desk to be signed into law.
The Tax Cuts and Jobs Act was today approved by the House of Representatives for a second time after the U...
DATE: Dec 20, 2017
|
CATEGORY:
Reinsurance
|
Billionaire investor Michael Lee-Chin sees a bright future for Bermuda — a view he has backed with hard cash in the form of his purchase of a controlling interest in Clarien Bank.
The charismatic Jamaican-born chairman of Canadian firm Portland Holdi...
DATE: Dec 19, 2017
|
CATEGORY:
International Business
|
The Salt Spray Soap Co skincare line is expanding its brand — both locally and globally.
Three years ago, Genelle John launched the range, which comprises a collection of soaps, body butters, salt scrubs and lip balms, which are all made at the Islan...
DATE: Dec 19, 2017
|
CATEGORY:
Local Business
|
