74994 results returned for search: "" category "Business"
Sompo International Holdings Ltd, the specialty property and casualty re/insurer based in Bermuda, almost doubled its adjusted profit for the fiscal year ended March 31, moving from $248.5 million in the prior year to $483 million.
The performance of...
DATE: May 23, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Apex Group Ltd is to provide its single-source solution on a pro-bono basis to a UK-based investment fund of funds, which will use it proceeds to fund children’s and education non-profits around the world.
Apex said Greater Share was an innovative p...
DATE: May 23, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Duncan Hall
Industry veteran Matthew Rohrmann has joined Bermudian-based re/insurer Everest Re Group Ltd as senior vice-president, head of investor relations.
Mr Rohrmann, who will report directly to Everest executive vice-president and CFO Mark Kociancic, succe...
DATE: May 23, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermuda Investor Community Limited has announced the launch of the island’s first fully digital platform bringing qualified individual investors and entrepreneurs together.
The platform’s launch event will be on June 7.
Bermuda Investor Community is ...
DATE: May 23, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
Spectators have been invited to bear witness as a porch is rebuilt at the former Pub on the Square heritage building in the town of St George.
Owners FoodHub said the restoration was due to start this weekend and will last for approximately two weeks...
DATE: May 23, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
The net income of the Bermuda Monetary Authority increased eighteenfold in 2021 after its regulatory fees increased by $11 million, according to its annual report.
The BMA, Bermuda’s independent financial services regulator, had net comprehensive in...
DATE: May 23, 2022
|
CATEGORY:
Economy
|
AUTHOR:
Duncan Hall
Covid-19 has been referred to as a black swan event — something that is extremely negative, rare and almost impossible to predict. Nassim Taleb, the famous author of The Black Swan, reminds us that we can divide the world and all that’s in it (peopl...
DATE: May 23, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Stuart Lacey
A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a previously announced agreement for a ground-up loss portfolio transfer with island-based Aspen Insurance Holdings Limited and its subsidiaries for their 2019 and p...
DATE: May 23, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Profits at Bermudian-based International General Insurance Holdings Ltd rose 90 per cent in the first quarter compared with the prior-year period.
The specialty commercial re/insurer reported a profit of $19.4 million, up from $10.2 million for the q...
DATE: May 23, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Duncan Hall
Altamira Therapeutics Ltd, a Bermudian-headquartered biotechnology company, has reported promising results for trials of a nasal spray in reduction of an allergy.
Altamira, which says it is dedicated to developing therapeutics that address important...
DATE: May 23, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
