74970 results returned for search: "" category "Business"
During lunch hour, a line sometimes forms outside the Washington Mall’s Delicious eatery, and that makes Washington Properties general manager Paul Slaughter very happy.
Mr Slaughter said: “That is going back to the way things were before the pandemi...
DATE: Nov 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Carey Olsen Bermuda Limited's dispute resolution and litigation practice continues to grow with the appointment of senior associate Bradley Houlston, associate Charlotte Donnelly and the secondment of Bermudian associate Jonathan Marion from the firm...
DATE: Nov 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
James River Group Holdings Ltd has reported a third-quarter net loss available to common shareholders of $7.2 million (2021 Q3: $23.9 million).
Net written premium grew 20.3 per cent due to increased net retention in the E&S segment; E&S renewal pric...
DATE: Nov 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index closed unchanged at 2,436.96 in the absence of trading on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited closed down $1.42 (4.35 per cent) at $31.22 on the New York Stock Exchange.
DATE: Nov 03, 2022
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
David Fox, Business Editor
Apex Group Ltd, the Bermudian-based global financial services provider, has closed the previously announced acquisition of Darwin Depositary Services, a Netherlands-based provider of depositary services to alternative investment funds.
The close come...
DATE: Nov 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Talcott Financial Group, an international life insurance group, has completed its previously announced reinsurance transaction between its subsidiary, Talcott Resolution Life Insurance Company, and The Guardian Insurance & Annuity Com...
DATE: Nov 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda reinsurer RenaissanceRe Holdings Ltd. has posted a third-quarter net loss of $825.3 million.
The company said Hurricane Ian and certain other catastrophe events contributed to a $648.4 million net negative impact on the net loss attributable ...
DATE: Nov 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
A London landmark restaurant is being evicted and the landlord is a Bermuda-registered company.
This week London hospitality websites such as The Londonist, Big Hospitality and City AM were full of the news that Simpson’s Tavern, a restaurant built i...
DATE: Nov 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Jessie Moniz Hardy
In response to yesterday’s 75 basis point increase in the target range of the US Federal Funds Rate, the Bank of N.T. Butterfield & Son Limited announced that it is adjusting its base interest rates on loans by a quarter of a percentage point (0.25 p...
DATE: Nov 03, 2022
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CATEGORY:
Economy
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Futurist Sinead Bovell is predicting that swiftly evolving technology will change industry so much, and so frequently, that gig work will become the norm.
“In a world with smart machines that continue to learn new tricks over time, and continue to di...
DATE: Nov 03, 2022
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CATEGORY:
Technology
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AUTHOR:
Jessie Moniz Hardy