75413 results returned for search: "" category "Business"
Bermudian-based R&Q Insurance Holdings Ltd has reported an 82 per cent year-over-year increase in gross written premium for the first half of 2022.
The non-life global specialty insurance company focusing on programme management and legacy insurance ...
DATE: Aug 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index fell 2.19 points (0.09 per cent) to 2,380.11 after one issue – BF&M Ltd. – had 18,500 shares ($407,774) change hands.
BF&M finished down 24 cents at $21.76.
The Bank of N.T. Butterfield & Son Limited finished six cents (0.18 per cent...
DATE: Aug 08, 2022
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Belco cashiers at the company's head office on Serpentine Road in Pembroke are to open late Tuesday due to a company meeting.
Cashiers will open to customers at 10.30am.
Belco said customers may still call customer care if they require assistance.
Me...
DATE: Aug 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
As a mother and fitness instructor, Sionna Barton could see a gaping hole in children’s fitness on the island.
“There was no room for youngsters who just wanted to have recreational fun in fitness in the elements of flipping, acrobatics and gymnasti...
DATE: Aug 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Genstar Capital, the California-based private equity firm, had a request of Peter Hughes after it took a stake in the Bermudian-based Apex Group Ltd in 2017.
“Genstar Capital came in and asked me to build the strongest offering there is in asset serv...
DATE: Aug 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Long after the anticipated return to service of a popular Washington Lane takeout restaurant, Casablanca remains shuttered, hit by an unforeseen staffing problem.
Three weeks ago, there was every attempt to bring the restaurant back online. There had...
DATE: Aug 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Borr Drilling Limited, the Bermudian-based oilfield services company, has received a binding letter of intent for the premium jack-up drilling rig Prospector 5 from an undisclosed operator in West Africa.
The six-well firm programme is expected to co...
DATE: Aug 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Golden Tree Reinsurance Limited.
The outlook of the credit ratings is stable.
Golden Tree is a subsidiary of Ir...
DATE: Aug 08, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Teekay Corporation has reported net income attributable to shareholders of Teekay of $5.3 million in the second quarter.
That compares with a profit of $888,000 in the first quarter of the year and a loss of $1.8 million in the second...
DATE: Aug 08, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Digicel Bermuda has offered seven young people internships in their service delivery and outside plant divisions this summer.
Digicel said: “With rising youth unemployment within Bermuda, it is critical that we, as an employer, foster those relations...
DATE: Aug 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff