75415 results returned for search: "" category "Business"
Despite elevated catastrophe activity, AM Best’s composite of US and Bermudian reinsurers posted an improved underwriting margin in 2021, with a minimal number of COVID-19-related claims and larger contribution from investment results.
The new Best’s...
DATE: Aug 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda is to be among the ports of call for the delivery trip across the Atlantic Ocean for the MSC Seascape, which has been built by Italy’s Fincantieri ship-building group.
The cruise ship successfully completed her first intensive systems tests a...
DATE: Aug 25, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index rose 0.91 of a point (0.04 per cent) to close at 2,456.29 after four issues traded on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield Ltd was unchanged at $34 after 600 shares changed hands.
Argus Group Holdings Ltd was unch...
DATE: Aug 24, 2022
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-based Hoegh LNG Partners LP reported a fivefold increase in net income during the second quarter of the year compared with the prior year period.
The floating liquefied natural gas service provider reported net income of $13.1 million compa...
DATE: Aug 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Lombard International Group announced today that it has entered into a definitive agreement to sell its US and Bermuda business to BroadRiver Asset Management and its affiliated entities.
Lombard International is a market leader in insurance-based we...
DATE: Aug 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Healthcare reform in Bermuda may be up to a decade away, a veteran insurance executive has advised.
John Wight, the group chief executive officer of BF&M Limited, said that timeline is consistent with healthcare reform that has taken place elsewhere....
DATE: Aug 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Bermuda’s street life is filled with people lacking real identity and purpose, says hardworking plumber David Wilkinson.
He sees a study of hopelessness in some and a society trying to come to grips with unacceptable criminal violence.
He wants to be...
DATE: Aug 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda is featured in another Top Ten list, this time: 10 Reasons Bermuda Is the Ultimate Island Destination, the article just published Tuesday in the Leisure section of Town & Country magazine.
“From its jaw-dropping scuba diving sites to pro golf...
DATE: Aug 24, 2022
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CATEGORY:
Business
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AUTHOR:
Business Staff
Beyond Cancer Ltd, the exempted company registered in Bermuda that is focused on developing ultra-high concentration nitric oxide for the treatment of solid tumours, has announced that the first patient was treated in a first-in-human phase one study...
DATE: Aug 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A former forecaster with the Bermuda Weather Service has been appointed head of catastrophe research at global specialty (re)insurer Canopius Group.
Canopius said Geoffrey Saville will enhance the group’s science-led understanding and approach to cli...
DATE: Aug 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff