74976 results returned for search: "" category "Business"
Bermuda’s fintech-friendly atmosphere and strong technological infrastructure has led to the formation of a new cyber-risk modelling company.
DeNexus founder Jose Seara and senior adviser Jeffrey Sirr came to the island to incorporate DeNexus.
“We ...
DATE: Aug 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermuda has been ranked second in the world for its regulation of the digital-asset sector.
The first-of-its kind Global Crypto Regulation Index has been launched by Solidus Labs, which bills itself as the crypto-native risk-monitoring and market int...
DATE: Aug 01, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Veteran realtor Larry Sticca says that the 0.75 per cent US federal funds rate rise announced on Wednesday may dampen the real estate market in Bermuda, but probably will not bring it to a complete standstill.
“It will probably hit customers on the b...
DATE: Aug 01, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Aristotle had a lot to say about our moral development, but it turns out he also talked a good deal about something called situational luck. For Aristotle, all our habits — good or bad, learnt or not — contribute to our moral development.
The sum of...
DATE: Aug 01, 2022
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CATEGORY:
Business
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AUTHOR:
Stuart Lacey
The Bermuda International Long Term Insurers and Reinsurers organisation has formed a global advocacy committee to engage on international issues that affect the island’s life insurance sector.
The committee will interact with regulators, governments...
DATE: Aug 01, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The war in Ukraine and investment losses knocked the half-year results for Conduit Holdings Ltd to a comprehensive loss of $61.4 million.
This included the $24.6 million estimated loss in relation to Ukraine (net of reinsurance and reinstatement prem...
DATE: Aug 01, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda’s Cup Match holiday is half over. It always reminds me of the Crown and Anchor booth, legalised betting allowed on one of the few events a year in Bermuda – for just about everyone participating it is a harmless, fun tradition.
So, readers an...
DATE: Jul 30, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Dear Dave,
I finished college a couple of years ago, and I have a good job making $65,000 a year. The only debt I have is about $5,000 remaining on a car loan, and I am paying that off as quickly as possible. At the same time, my mum and dad need rep...
DATE: Jul 30, 2022
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CATEGORY:
Personal Finance
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Cricketers were not the only ones stepping up to the wicket over Cup Match.
Pronto, the micro fulfilment centre that offers “daily essentials, delivered fast”, launched a new app last week in anticipation that its delivery agents would be busy over t...
DATE: Jul 29, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Bermuda exempted company Arch Capital Group Ltd posted second-quarter profits of about $404 million, with net income available to Arch common shareholders of $394.2 million ($663.8 million in 2021).
Gross premiums written were up nearly 18 per cent t...
DATE: Jul 29, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff