77055 results returned for search: "" category "Business"
Argus Group Holdings Ltd shares fell by 31 cents, or 7.9 per cent, to close at $3.61 after 1,900 traded on The Royal Gazette/BSX Index.
Also declining was BF&M Ltd, down 40 cents, or 2.4 per cent, at $16.60 after 5,400 were exchanged.
The Royal Gazet...
DATE: Apr 26, 2018
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CATEGORY:
Bermuda Stock Exchange
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LOM Financial Limited saw assets under administration rise to $870 million last year, that compares to $684 million at the end of 2016.
The financial services company’s management and advisory fee revenues rise by 33.8 per cent to $4.16 million, whil...
DATE: Apr 26, 2018
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CATEGORY:
Other
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Compensating customers for internet service outages is one of a raft of ideas being considered by telecommunications regulators.
Other ideas include the moratorium on issuing new Integrated Communications Operating Licences (ICOLs) being reviewed and...
DATE: Apr 25, 2018
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CATEGORY:
Other
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This rotten and damaged electricity cable dates back to 1951, the year when the Royal Naval Dockyard officially closed as a British military facility and Earl Cameron made his big-screen debut in Pool of London.
After 67 years of service within the i...
DATE: Apr 25, 2018
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CATEGORY:
Local Business
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Shares of Butterfield Bank rose by 25 cents, or 0.5 per cent, to $47.75 after 1,300 traded on The Royal Gazette/BSX Index.
On the New York Stock Exchange, Butterfield’s shares were down nine cents, or 0.19 per cent, at $48.53.
On the local exchange, ...
DATE: Apr 25, 2018
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CATEGORY:
Bermuda Stock Exchange
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Catastrophe losses from mudslides in California impacted first quarter income for Chubb Ltd.
The company has reported a profit of $1.08 billion, or $2.30 per share, for the first three months of the year. That is $11 million lower than the net income...
DATE: Apr 25, 2018
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CATEGORY:
Reinsurance
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John “Jack” Kuhn has been appointed to the new role of chief underwriting officer for Sompo International’s property and casualty business.
The Bermudian-based company said Mr Kuhn would also continue to hold the post of chief executive officer, glob...
DATE: Apr 25, 2018
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CATEGORY:
Reinsurance
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Bermudian-based Sompo International Holdings Ltd is to open a new subsidiary in Luxembourg as a Brexit-proof platform for growth in Europe.
The insurer and reinsurer said today it had received regulatory approvals from Luxembourg’s Ministry of Financ...
DATE: Apr 24, 2018
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CATEGORY:
Reinsurance
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Bermudian insurer and reinsurer Argo Group International Holdings Ltd is to transfer its share listing to the New York Stock Exchange from the Nasdaq Global Select Market.
The listing of Argo Group’s 6.5 per cent senior notes will follow suit, the co...
DATE: Apr 24, 2018
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CATEGORY:
Reinsurance
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Butterfield Bank’s first-quarter net income rose nearly 10 per cent year over year, as the bank earned more in net interest income and spent less on salaries.
Net income for the first three months of the year was $44.2 million, up from $40.3 million ...
DATE: Apr 24, 2018
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CATEGORY:
Other
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