74969 results returned for search: "" category "Business"
A big move in Argus Insurance was the only activity moving the RG/BSX Index for the week, as nearly a quarter of a million dollars worth of Argus shares changed hands.
By the time the Bermuda Stock Exchange closed for the week, it amounted to movemen...
DATE: Dec 09, 2022
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CATEGORY:
Bermuda Stock Exchange
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After winning $5,000 in the BEDC’s Rocket Pitch competition, middle-schooler Osheah Douglas is one step closer to forming her own business, Smart Snaxx.
The 11-year-old won the Youth category of the competition for emerging entrepreneurs held on Nove...
DATE: Dec 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
For the tenth year in a row, Butterfield has been named Bank of the Year 2022 in Bermuda by The Banker, an international financial affairs publication.
The Banker, owned by the Financial Times, has been the world’s leading monthly journal of reco...
DATE: Dec 09, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
The Anglican Cathedral in Hamilton has seen a “steep rise” in demand for their “no questions asked” lunchtime meal programme, driven by the Covid-19 pandemic and the escalating cost of living in Bermuda.
And the church has said the programme can on...
DATE: Dec 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
The collapse of FTX, the Bahamas-headquartered crypto currency exchange, highlights the importance of effective corporate governance, including in the insurance industry, a leading credit ratings agency has said in a commentary.
In Corporate Governan...
DATE: Dec 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A survey of investors has revealed that nearly 80 per cent believe greenwashing is prevalent in corporate reporting.
This alarming statistic is pulled from PwC’s 2022 Global Investor Survey, which states that investors continue to prioritise climate ...
DATE: Dec 09, 2022
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CATEGORY:
Business
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AUTHOR:
Business Staff
Mosaic Insurance, the Bermudian-based global specialty insurer, has launched a pioneering platform powered by California-based Safe Security to help underwriters to evaluate cyber risk for brokers and insureds.
Mosaic leverages Safe Security’s award-...
DATE: Dec 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Attorneys Nicole Cavanagh and Tanisha Butler have joined MJM law firm’s matrimonial & family law practice in the dispute resolution team.
Ms Cavanagh joins as a senior associate leading the matrimonial & family law practice. She qualified in England...
DATE: Dec 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corporation.
Based in London, he will be responsible for driving g...
DATE: Dec 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Brit Reinsurance (Bermuda) Limited.
The outlook of these credit ratings is stable.
The ratings reflect Brit Re’s balance ...
DATE: Dec 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff