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The RG/BSX Index slumped 29.57 (1.33 per cent) to close at 2,188.43 after 3,200 shares ($17,554) of Argus Group Holdings Ltd changed hands.
Argus stock fell $1.24 (20.7 per cent) to close at $4.76.
The Bank of N.T. Butterfield & Son Limited rose 28 ...
DATE: Jun 06, 2022
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CATEGORY:
Bermuda Stock Exchange
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Entrepreneur Alyson Thompson was highly motivated when she began to explore how to create Cedarberry Foods’ popular plant-based butter.
Ms Thompson, who has a dairy allergy, gave up eating butter reluctantly.
She said: “Using butter was my very favou...
DATE: Jun 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The law of numbers has stymied an open call to Bermudians to participate in the next wave of revolutionary insurance from the island.
Few with the right qualifications – degrees in computer science, statistics, or actuarial sciences – have applied so...
DATE: Jun 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
The Bermuda branch of the Institute of Directors and law firm Carey Olsen Bermuda are to present a free session about the island’s economic substance regime.
The Bermuda Economic Substance: Summary and Update presentation will be held virtually on Tu...
DATE: Jun 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermuda is making headlines in cryptocurrency centred publications, republishing portions of a Wall Street Journal story focusing on the island.
Nasdaq.com headlines their markets section with: “Bermuda Seeks to Expand Crypto-Friendly Regulation ...
DATE: Jun 06, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Christophe Raimbault is to take on a new role as vice-president – sustainability and new energy at Valaris Limited, the Bermudian-based offshore drilling company.
Mr Raimbault, the company’s vice-president and interim head of marketing, will continue...
DATE: Jun 06, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best is to hold a free analytical briefing on the expanding non-catastrophe insurance-linked securities market.
The briefing is on Tuesday, June 21 at 11am Bermuda time.
The ratings agency said prominent reinsurers and specialist underwriters incr...
DATE: Jun 06, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Starting with a reader comment: “After reviewing the Dalbar Quantitative Analysis of Investment Behaviour report that measured average investors against the performance of the S&P 500 equity index over the last 30 years, where for every one of those ...
DATE: Jun 04, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Teenagers who completed a personal finance class in high school would rather put $500 in the bank than buy a smartphone.
You read that right. With personal finance education under their belts, students are three times as likely to choose saving money...
DATE: Jun 04, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index finished unchanged for the day and for the week at 2,218.00, with no trades on Friday.
During the week, some 6,700 Argus Group Holdings Ltd. shares changed hands ($40,200.00), as the stock price closed unchanged at $6.
The Bank of N....
DATE: Jun 03, 2022
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CATEGORY:
Bermuda Stock Exchange
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