74973 results returned for search: "" category "Business"
The RG/BSX Index plunged 80.45 points (3.28 per cent) to close at 2,374.46, dragged down by Bank of N.T. Butterfield Ltd., which fell $1.50 (4.4 per cent) to close at $32.30 after 1,117 shares traded on the Bermuda Stock Exchange.
No other issues tra...
DATE: Aug 31, 2022
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CATEGORY:
Bermuda Stock Exchange
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Everest Reinsurance, the reinsurance division of Bermudian-based Everest Re Group Ltd, has appointed Kevin Bogardus as senior vice-president, head of business development Asia Pacific, effective September 8.
He will be based in Singapore and report t...
DATE: Aug 31, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has reported a net profit of $18.4 million in the second quarter of the year.
That compares to a net profit of $24.3 million in the first qu...
DATE: Aug 31, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The first Bermudian feminine healthcare line to hit the shelves now has a growing international presence.
Bermudian entrepreneur Gayneté Jones launched “Best, Periodt.”, a female-engineered menstrual cup, in January of last year at eight retail outle...
DATE: Aug 31, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The provisional liquidators of a defunct bakery have offered to sell it, a published legal notice has advised.
The operators of the Cake Shop at 17 Curving Avenue, Pembroke, notified customers at the end of April that the business was closing down.
A...
DATE: Aug 31, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Darag Group, the international legacy acquirer, has concluded a new agreement with an undisclosed captive insurance company.
The transaction structure was a novation of its 03-06 and 15/16 policy years with primarily workers’ compensation reserves, a...
DATE: Aug 31, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has sold its Endurance at Lloyd’s run-off business to RiverStone Holdings Limited (RiverStone International).
Sompo said that it e...
DATE: Aug 31, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,454.91 after no activity for the day on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited finished the day up 11 cents (0.34 per cent) at $32.88 on the New York Stock Exchange.
DATE: Aug 30, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermudian principals of the world’s next generation of electric ferries and water shuttles know that the launch will draw a lot of international attention.
And with such global scrutiny, they see a huge benefit in ensuring the financial planning ...
DATE: Aug 30, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The value of global investments into insurtech plummeted by nearly 80 per cent in 2021, a report by London-based data and analytics company GlobalData Technology has revealed.
The organisation said the 79.6 per cent drop in investments last year has ...
DATE: Aug 30, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff