75770 results returned for search: "" category "Business"
Bermuda, and the island’s newest luxury resort, have been nominated for prizes in the 2022 Gay Travel Awards.
Bermuda has been nominated in the “Destination, Island” category.
The St Regis Bermuda Resort, in St George’s, has been nominated in the “Ho...
DATE: Dec 06, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Bank of N.T. Butterfield & Son Limited climbed 45 cents (1.35 per cent) on the New York Stock Exchange to close at $33.71.
Meanwhile, the RG/BSX Index remained unchanged for a third day, standing still at 2,421.12 in the absence of trading on the...
DATE: Dec 06, 2022
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CATEGORY:
Bermuda Stock Exchange
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The credit ratings of Bermudian-based Fidelis Insurance Holdings Limited and its subsidiaries remain under review with negative implications, AM Best has said.
The ratings agency said Fidelis has received regulatory approvals for the separation of it...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Entrepreneur Shi-Vaughn Lee’s Dove & Butterfly, the skincare business, has won the top prize of $500 as the e-tailer recording the most sales during Cyber Monday.
The annual event is an online initiative organised by the Bermuda Economic Development ...
DATE: Dec 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Argus Group Holdings Limited has reported net income for the six months to September 30 of $26.3 million, compared with $8.1 million in the previous year.
Argus chief executive Alison Hill said: “The financial results for the six months to September ...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Domestic insurer BF&M Limited has reported a shareholders’ net loss of $13.4 million for the nine months ended September 30.
This compares with shareholders’ net income for the same period in 2021 of $19.5 million.
The company said net income from o...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Judgement has been reserved in a Supreme Court battle between two of Bermuda’s industry heavyweights.
Puisne Judge Larry Mussenden heard evidence and argument on Wednesday in the matter of Fireminds Operations Limited and Bermuda Investment Advisory ...
DATE: Dec 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Bank of NT Butterfield & Son Limited has announced that Ingrid Pierce has joined its board as an independent director, bringing the total number of directors to ten.
Ms Pierce is the global managing partner of Walkers, the international law firm....
DATE: Dec 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
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
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CATEGORY:
Reinsurance
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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
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff