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Ratings agency AM Best is hold an insurance market briefing in Bermuda in October.
Analysts from the company will deliver market insights, present and overview of the state of the industry and discuss ratings trends.
AM Best experts will also present...
DATE: Aug 02, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A little piece of Bermuda that is more than 3,000 miles away has been sold for a cool $55 million.
The Bermudian-styled home has an enviable hilltop location overlooking the Pacific Ocean.
With its pastel blue walls, white shutters, covered veranda a...
DATE: Aug 02, 2017
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CATEGORY:
Other
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A senior reinsurance underwriter who is passionate about helping others to thrive in the workplace has written a book to motivate and encourage others.
Lorene Phillips has been working in the insurance and reinsurance sector for more than 25 years. H...
DATE: Aug 02, 2017
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CATEGORY:
Other
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American International Group has reported a $1.1 billion profit for the second quarter.
Now headed by Bermudian Brian Duperreault, the company’s net income for the quarter was $1.19 per share, and was down from the $1.9 billion, or $1.68 per share, i...
DATE: Aug 02, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Duncan Hennes and Valerie Rahmani have joined the board of Bermudian-based RenaissanceRe Holdings Ltd.
They have been appointed as independent directors.
Mr Hennes is the co-founder and Partner of Atrevida Partners, LLC. While Dr Rahmani most recentl...
DATE: Aug 02, 2017
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CATEGORY:
Reinsurance
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The Royal Gazette/BSX Index edged up 0.96 points. or 0.05 per cent, to close at 2,052.57 ahead of the Cup Match holiday.
The only stock to trade was Ascendant Group. Its shares were up 10 cents, or 1.1 per cent, at $8.99 after 1,000 were traded.
Mea...
DATE: Aug 02, 2017
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CATEGORY:
Bermuda Stock Exchange
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Hailey Quig, the first Bermudian to study at the United World College in Changshu, China, has been awarded the 2017 XL Catlin Scholarship.
Ms Quig, 17, a former Bermuda High School for Girls student, was selected to study at UWC’s Changshu campus and...
DATE: Aug 02, 2017
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CATEGORY:
Reinsurance
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There has been a mixed reaction in Bermuda to Apple’s decision to retire its iconic iPod personal music players.
The iPod nano and shuffle will no longer be sold by Apple after falling sales and shifting trends with more people now listening to musi...
DATE: Aug 01, 2017
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CATEGORY:
Local Business
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Investment services firm LOM has posted a profit of nearly $433,000 for the first half of the year.
The figure is an improvement of more than $381,000 on the same period last year.
Scott Lines, chief executive officer of LOM, said the company will be...
DATE: Aug 01, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda now has an island-based chapter of the North American Marine Environment Protection Association.
It is a proactive, marine industry-led organisation of environmental stewards preserving the marine environment by promoting sustainable marine i...
DATE: Aug 01, 2017
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CATEGORY:
Other
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