76276 results returned for search: "" category "Business"
Argus Group Holdings Limited has reported net income for the six months to September 30 of $26.3 million, compared with $8.1 million in the previous year.
Argus chief executive Alison Hill said: “The financial results for the six months to September ...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Domestic insurer BF&M Limited has reported a shareholders’ net loss of $13.4 million for the nine months ended September 30.
This compares with shareholders’ net income for the same period in 2021 of $19.5 million.
The company said net income from o...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Judgement has been reserved in a Supreme Court battle between two of Bermuda’s industry heavyweights.
Puisne Judge Larry Mussenden heard evidence and argument on Wednesday in the matter of Fireminds Operations Limited and Bermuda Investment Advisory ...
DATE: Dec 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The Bank of NT Butterfield & Son Limited has announced that Ingrid Pierce has joined its board as an independent director, bringing the total number of directors to ten.
Ms Pierce is the global managing partner of Walkers, the international law firm....
DATE: Dec 06, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Two independent proxy firms have thrown their support behind the seven director nominees put forward by Bermudian-based Argo Group for election at the company’s annual general meeting next week.
Additionally, Argo said Voce Capital Management LLC, th...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
Darag Group, the international legacy specialist with an office in Bermuda, has announced that its German insurance carrier, Darag Deutschland AG, has received court approval to complete a Part VII transfer with China Taiping Insurance (UK) Co Ltd, a...
DATE: Dec 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Athene Holding Ltd, the financial services company, has served as the lead investor in the transaction and is the majority shareholder of a new, unified fleet management business.
The company said LeasePlan USA and Wheels Donlen annou...
DATE: Dec 06, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,421.12, with no trading on the Bermuda Stock Exchange for Monday.
The Bank of N.T. Butterfield & Son Limited finished down $1.12 (3.26 per cent) for the day at $33.24 at the close of the New York Stock Exchang...
DATE: Dec 05, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Monetary Authority and two of its employees are being sued for damages of $25 million by a Delaware-domiciled company over allegations relating to its application to acquire a controlling interest in Bermuda’s Citadel Reinsurance Company ...
DATE: Dec 05, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
An order may be sought from the Bermuda Supreme Court over a plan by troubled crypto lender, BlockFi, to pay creditor money back and exit Chapter 11 bankruptcy protection, The Coin Republic has reported.
BlockFi International Ltd., BlockFi’s Bermuda ...
DATE: Dec 05, 2022
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CATEGORY:
International Business
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