75415 results returned for search: "" category "Business"
Freight rate observers are forecasting gloomy news for the future of cargo rates.
Xeneta chief executive Patrik Berglund expressed his concern this week that economic uncertainty, geopolitical concerns (including over Ukraine), industrial action on l...
DATE: Nov 25, 2022
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CATEGORY:
International Business
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The RG/BSX Index remained unchanged for the day, standing still at 2,383.44, in the absence of trading on the Bermuda Stock Exchange.
Meanwhile, the Bank of N.T. Butterfield & Son Limited fell 13 cents (0.38 per cent) on the New York Stock Exchange t...
DATE: Nov 24, 2022
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CATEGORY:
Bermuda Stock Exchange
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A spokesman for Burrows Lightbourn has confirmed that Frank Amaral has become its new chief executive officer.
His first day of work at the company was on November 21.
He was previously chief executive officer of One Communications.
A press release f...
DATE: Nov 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Niall Sheehy has replaced Frank Amaral as the chief executive of One Communications.
Mr Sheehy took over the role on November 1 after Mr Amaral retired from the telecommunications sector.
He has more than 20 years´ experience in executive leadership ...
DATE: Nov 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
This month, Rinelle White, of Umami Bermuda, has handed out more than 250 free samples of her spice blends, and plans to offer more in the coming weeks.
Her goal is to make converts of the “spice averse”.
During her five years in business, she has le...
DATE: Nov 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermuda is on track for a good year in terms of insurance company registrations.
Statistics released by the Bermuda Monetary Authority reveal there have been 63 new registrations to date including two intermediaries, compared with a total of 65 last...
DATE: Nov 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
International specialty insurer and reinsurer Axis Capital has made a $15,000 donation to the educational non-profit Peak Potential Bermuda, for Scholars Bermuda, a learning centre that offers tutoring support for children of all ages.
Peak Potential...
DATE: Nov 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based special-purpose insurer Herbie Re Ltd has listed $80 million worth of notes on the Bermuda Stock Exchange.
The Series 2022-1 notes are due on January 8, 2027, the BSX said in a statement. The listing sponsor is Clarien BSX Services Ltd...
DATE: Nov 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based captive insurance company Transmonde Services Insurance Company Ltd has had its financial strength rating of A affirmed by the ratings agency AM Best.
AM Best has also affirmed Transmonde’s long-term issuer credit rating of “a” and said...
DATE: Nov 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Despite the disruption and uncertainty caused by the Covid-19 pandemic, Appleby continues to advise on cross-border solutions to meet the ever-changing needs of our corporate and ultra-high net worth clients who use global financial centres like Berm...
DATE: Nov 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Tim Faries