75768 results returned for search: "" category "Business"
Dear Dave,
I live with my boyfriend, and we have a baby together. I brought debt into the relationship, and I’m using your debt snowball method to pay it off, but he is debt-free. We have quite a few shared expenses that we split 50-50, but that mean...
DATE: Nov 12, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index fell 104.58 points (4.48 per cent) to 2,332.38 for the short week, as the Bank of N.T. Butterfield & Son Limited fell $1.95 (5.7 per cent) to close at $32, after 859 shares traded on the Bermuda Stock Exchange.
The only other BSX iss...
DATE: Nov 10, 2022
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CATEGORY:
Bermuda Stock Exchange
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An Enstar Group Limited wholly-owned subsidiary has closed its loss portfolio transfer transaction with speciality insurance underwriter Argo Group International Holdings, Ltd, to reinsure a number of its direct US casualty insurance portfolios relat...
DATE: Nov 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
The Bermuda Chamber of Commerce “Christmas Wine Fest” at The Bermuda Society of Arts (City Hall Arts Centre) on December 1 will feature Bermuda’s leading wine distributors.
Attendees can sample 36 different wines and participate in games to win fant...
DATE: Nov 10, 2022
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CATEGORY:
Local Business
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PartnerRe today reported on the “significant industry event” that was Hurricane Ian, but said the net loss attributable to common shareholder of more than $1.5 billion for the first nine months of the year (2021 9m: $317 million profit), was due to u...
DATE: Nov 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
West Hamilton Holdings Limited, the BSX-listed Bermuda property holding company, has reported net income of $948,364 (2021: $1,023,449) for the six-month period ending March 31.
In a letter to shareholders filed with the BSX that set out the company’...
DATE: Nov 10, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Bermuda Monetary Authority has launched a campaign ‘Deposit It or Exchange It’ to remind the public that, from December 31, they will have one year to deposit or exchange the horizontal Bermuda dollars legacy banknotes.
Effective January 1, 2024,...
DATE: Nov 10, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The hardening market in the reinsurance sector is the best in decades, a leading insurance executive has said.
Conduit Re executive chairman Neil Eckert made the comment as his company released its third quarter trading statement.
Mr Eckert said: "As...
DATE: Nov 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
Bermudian-based Maiden Holdings Ltd has reported a net loss attributable to common shareholders of $8.2 million for the third quarter of the year.
That compares to net income of $2.9 million in the third quarter of 2021.
Non-GAAP operating loss was $...
DATE: Nov 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda captive Evergreen Insurance Company Limited, with a stable outlook.
The ratings reflect EICL’s balance sheet stre...
DATE: Nov 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff