75412 results returned for search: "" category "Business"
Two independent proxy firms have thrown their support behind the seven director nominees put forward by Bermudian-based Argo Group for election at the company’s annual general meeting next week.
Additionally, Argo said Voce Capital Management LLC, th...
DATE: Dec 06, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Duncan Hall
Darag Group, the international legacy specialist with an office in Bermuda, has announced that its German insurance carrier, Darag Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd, a...
DATE: Dec 06, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermudian-based Athene Holding Ltd, the financial services company, has served as the lead investor in the transaction and is the majority shareholder of a new, unified fleet management business.
The company said LeasePlan USA and Wheels Donlen annou...
DATE: Dec 06, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,421.12, with no trading on the Bermuda Stock Exchange for Monday.
The Bank of N.T. Butterfield & Son Limited finished down $1.12 (3.26 per cent) for the day at $33.24 at the close of the New York Stock Exchang...
DATE: Dec 05, 2022
|
CATEGORY:
Bermuda Stock Exchange
|
The Bermuda Monetary Authority and two of its employees are being sued for damages of $25 million by a Delaware-domiciled company over allegations relating to its application to acquire a controlling interest in Bermuda’s Citadel Reinsurance Company ...
DATE: Dec 05, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Duncan Hall
An order may be sought from the Bermuda Supreme Court over a plan by troubled crypto lender, BlockFi, to pay creditor money back and exit Chapter 11 bankruptcy protection, The Coin Republic has reported.
BlockFi International Ltd., BlockFi’s Bermuda ...
DATE: Dec 05, 2022
|
CATEGORY:
International Business
|
A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best.
Although recognising several positive attributes of performance and management processes, the ag...
DATE: Dec 05, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Counterpart, the Los Angeles-based management liability insurtech, has added miscellaneous professional liability insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholes...
DATE: Dec 05, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
As we enter the last month of 2022, our minds begin turning not only to upcoming festivities but also to the coming new year. What are our plans for the year ahead? Are there resolutions to be made that are important to us?
And what about our work? ...
DATE: Dec 05, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Stuart Lacey
Bermudians are expected to benefit from a new, regional strategic partnership between Mastercard and Vesta, a leading end-to-end fraud prevention platform for digital purchases, the companies have announced.
The initiative seeks to broaden protection...
DATE: Dec 05, 2022
|
CATEGORY:
Business
|
AUTHOR:
Business Staff