75415 results returned for search: "" category "Business"
Wasef Jabsheh, chairman and CEO of Bermudian-based International General Insurance Holdings Ltd, the international specialty risks commercial re/insurer, led IGI in ringing the closing bell at the Nasdaq MarketSite in Times Square, New York, tonight....
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
John M. Huff, the chief executive of the Association of Bermuda Insurers and Reinsurers, has been elected to chair the Global Federation of Insurance Associations’ Anti-Money Laundering and Counter Terrorism Financing Working Group.
The GFIA’s 40 mem...
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Digicel Business Bermuda has made donations to two local charities — Vision Bermuda and Open Airways.
The company said the money was raised as a result of various fundraising activities that took place over the course of the recently concluded PGA To...
DATE: Nov 18, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Orion Reinsurance Ltd.
The outlook of these credit ratings is stable.
The ratings reflect Orion Re’s balance sh...
DATE: Nov 18, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has reported net income of $16.6 million for the third quarter of the year.
That compares with net income of $17.4 million in the prior-year third quarter.
Hö...
DATE: Nov 18, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022.
Announcing preliminary una...
DATE: Nov 18, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX index closed unchanged at 2,356.63 with no trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited finished down 11 cents (0.33 per cent) at $33.20 on the New York Stock Exchange.
DATE: Nov 17, 2022
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CATEGORY:
Bermuda Stock Exchange
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An idea to combine the Government’s emphasis on vertical farming with the future of Bermuda’s cash-strapped football clubs has been hailed by an international football legend.
A 40-person thought leadership round table, hosted by the Bermuda Football...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Laura Smith-Mayne and husband Chris Mayne, of Furniture Walk in Paget, always talked about opening a mattress store in Hamilton.
“We have a presence on 12 Harvey Road, Paget, but it is very much a warehouse district,” Ms Smith-Mayne said. “We felt l...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermuda’s fragile economic state is reflected in the latest consolidated financial statements released by Polaris Holding Company Limited, the organisation said.
In a filing with the Bermuda Stock Exchange, Polaris — the parent company to Stevedoring...
DATE: Nov 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall