75419 results returned for search: "" category "Business"
Seven directors of Bermudian-based Golar LNG Limited were re-elected at the company’s annual general meeting today.
Resolutions were passed to re-elect Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G Stolt-Nielsen, Lori Wheeler-Naes...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Funds managed by Wafra Inc, the global alternative asset manager with a presence in Bermuda, have acquired a strategic minority ownership interest in Thompson Street Capital Partners.
Thompson Street is a leading middle-market private equity firm bas...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Milliman Inc, the Seattle-based global consulting and actuarial firm, has opened an office in Bermuda.
The company said its expertise had long been relied upon by companies operating in Bermuda, as well as global clients with interests on the island....
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The founder of activist shareholders Voce Capital Management LLC has been appointed as an independent member of Argo Group International Holdings Ltd’s board of directors.
J Daniel Plants is chief investment officer at Voce, a San Francisco-based hed...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
Kendra Earls is well known as an artist in the community, but is less well known as a numerologist.
Through her business, Numerology With Kendra, she uses numbers, such as those in a birth date, to help people learn more about themselves and their fu...
DATE: Aug 10, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Enstar Group Limited, the Bermudian-based insurer, has reported net losses of $493 million and $775 million for the three and six months ended June 30, driven by unrealised losses on fixed-income securities in the rising interest rate environment.
Th...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Argo Group International Holdings Ltd has reported a net loss attributable to common shareholders of $18.9 million for the second quarter of the year.
That compares to net income attributable to common shareholders of $67.1 million fo...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Signet Jewelers Limited, the world's leading retailer of diamond jewellery, has signed a definitive agreement to acquire Blue Nile Inc, an online retailer of engagement rings and fine jewellery, for $360 million in an all-cash transac...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Borr Drilling Limited, the oilfield services company based in Bermuda, has reported a net loss of $165.3 million in the second quarter.
That is an increase in loss of $114 million compared with the first quarter of 2022, mainly attributable to an imp...
DATE: Aug 10, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Texas-based National Western Life Insurance Company has announced the execution of an annuity reinsurance transaction with Aspida Life Re Ltd, a Bermudian-based reinsurer.
The transaction was effective July 1.
The reinsurance transaction is a strateg...
DATE: Aug 10, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff