74973 results returned for search: "" category "Business"
A joint venture with grand potential just a few years ago appears to be ending, an apparent victim of the catastrophe reinsurance and investment markets.
It comes after substantial catastrophe and investment losses.
Enhanzed Reinsurance Ltd, the Clas...
DATE: Aug 22, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The rebranding is complete of an iconic Bermuda insurance mutual that has protected the interests of “Big Oil” for half a century and eventually became the mutual insurer for the broader energy industry.
Following the rebranding announcement, the new...
DATE: Aug 22, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Stablehouse, the Bermudian-based digital-assets investment platform, has announced changes to its rate structure for new and existing investors.
The company said the new rates reflect the best risk-adjusted returns aligned with Stablehouse’s rigorous...
DATE: Aug 22, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Kroll, the international management consulting firm, is recruiting staff for a new office in Bermuda.
Registered in March, an application was made in May to the Minister of Finance for a licence to operate in Bermuda.
Kroll Bermuda Ltd is seeking a d...
DATE: Aug 22, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
The US Federal Reserve’s unprecedented tightening of monetary policy may have slowed the inflation momentum, but an economist has warned that the Fed needs to “keep the pedal to the metal”.
The latest edition of Economic Insights from the Swiss Re In...
DATE: Aug 22, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
The scheduled article for today was superseded by the concerning survey results conducted by Narrative Research Bermuda online from 382 adults featured on August 18 in The Royal Gazette.
The report noted the following:
• 56 per cent are spending les...
DATE: Aug 20, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Dear Dave,
How do you know if a will or a trust is best for you?
– Monica
Dear Monica,
This is a great question, especially since August is National Make-a-Will Month in the United States. The first thing you should do is take a serious look at ...
DATE: Aug 20, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index remained unchanged at 2,364.05 for the week with no trading activity on the Bermuda Stock Exchange at all.
The Bank of N.T. Butterfield & Son Limited finished down 10 cents (0.29 per cent) for the day at $34.87 on the New York Stock ...
DATE: Aug 19, 2022
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CATEGORY:
Bermuda Stock Exchange
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Argus Insurance is seeking the attention of institutional investors in a move to enlarge the company’s size.
The position was underscored in the just released annual report.
Even after recent moves to diversify the company’s holdings, including into ...
DATE: Aug 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda Aviation Services Limited trimmed total operating expenses from continuing operations by $300,000 year over year and posted a total comprehensive income of $1.2 million for the year ended March 31, 2022, compared to a comprehensive loss of $1...
DATE: Aug 19, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff