74991 results returned for search: "" category "Business"
Hamilton’s newest art gallery is located in a thrift shop, but there is nothing second hand about the artwork
DATE: Jun 15, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based Randall & Quilter Investment Holdings Ltd has reported a loss of $127.4 million for fiscal year 2021.
That compares with a profit of $37.7 million in the prior year.
The group IFRS loss was primarily impacted by a $90-million pre-tax,...
DATE: Jun 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Cayman Island Consumer Price Index increased by 11.2 per cent in the first quarter of this year when compared to the same period in 2021, the Cayman News Service has reported.
The CNS commented that residents of the Cayman Islands have been livin...
DATE: Jun 15, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
The Government and the Bermuda Business Development Agency will take their promotional tour to Egypt’s luxury resort town of Sharm el-Sheikh, on the southern tip of the Sinai Peninsula, later this year.
It is there in November that the Bermuda delega...
DATE: Jun 15, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The six-day blockage of a vital maritime trade route last year by the Ever Given containership could result in more than $2 billion in claims, a leading French reinsurer has said.
The Ever Given, which weighs 200,000 tonnes and is 400 metres long, ra...
DATE: Jun 15, 2022
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CATEGORY:
International Business
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Apex Group Ltd, the global financial services provider based in Bermuda, has been appointed by 3iQ Digital Asset Management, Canada’s largest digital asset investment fund manager.
With $1.4 billion in assets under management, 3iQ offers investors co...
DATE: Jun 15, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Fitch Ratings has assigned an 'A+' insurer financial strength rating to Athene Annuity Re Ltd.
The rating outlook is stable.
The ratings previously assigned to Athene Holding Ltd. and its insurance subsidiaries are unaffected.
AARe's 'A+' IFS rating...
DATE: Jun 15, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index plunged 101.43 (4.52 per cent) to close at 2,140.65, dragged down by the only two issues trading for the day.
Bank of N.T. Butterfield Ltd closed at $29.95, a drop of $1.05 (3.4 per cent) on a volume of 1,400.
Also falling was BF&M L...
DATE: Jun 14, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Monetary Authority confirmed the registration of five insurers in May, taking this year’s number of new registrants to 32.
The BMA approved two restricted special purpose insurers – Eagle Re 2022-1 Ltd and Marlin Re Ltd – as well as Frees...
DATE: Jun 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A Bermudian-based insurer is to provide drought-affected households in Malawi with a climate insurance payout
DATE: Jun 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall