75427 results returned for search: "" category "Business"
Bermudian-headquartered Keon Foundation Ltd has partnered with Boston-based Algorand as the layer-1 blockchain solution for its regulated decentralised finance asset management ecosystem.
The foundation, established this year as a non-profit exempted...
DATE: Jun 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A decision by Narinder Hargun, the Chief Justice, has settled a four-year-old dispute in the island’s collateralised insurance sector with a first-of-its-kind determination.
Mr Justice Hargun’s decision, delivered in the matter of Bermudian-based Aeo...
DATE: Jun 14, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
A company in which Bermudian-based Athene Holding Ltd is lead investor has signed a stock purchase agreement with LeasePlan Corporation to acquire LeasePlan USA.
LeasePlan Corporation, the car-as-a-service company, announced that Wheels Donlen’s pare...
DATE: Jun 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
There was no trading for the day on the domestic board of the Bermuda Stock Exchange.
The RG/BSX Index stood still at 2,242.07.
The Bank of N.T. Butterfield & Son Limited sunk 62 cents (2.07 per cent) to finish the day at $29.33 on the New York Stoc...
DATE: Jun 13, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Hospitals Auxiliary is in desperate need of more volunteers to help them run The Barn, one of the largest thrift stores in Bermuda.
“Since the pandemic, many of our volunteers have not returned,” said Nancy Oughton, Barn general manager....
DATE: Jun 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The insurance industry has been warned of the social risks of blindly withdrawing insurance cover, and divesting, from so called “dirty industries”.
The warning comes as increasing eco-activism centres media attention on a global insurance industry s...
DATE: Jun 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Appleby partner Tim Faries and UK-based Carlo Ravizza have joined the board of Hoegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider.
Mr Faries has been appointed by the general partner of the partnership to fill ...
DATE: Jun 13, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Bermudian-based Lion Reinsurance Company Limited.
The outlook of these credit ratings is stable.
Lion Re is a subsidiary of A...
DATE: Jun 13, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Fourteen digital asset companies licensed and regulated by the Bermuda Monetary Authority have created a first-of-its-kind industry association.
The launch of Next was announced by David Burt, the Premier, during a keynote address at Consensus 2022, ...
DATE: Jun 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The island’s first fully digital platform that brings together qualified individual investors and entrepreneurs has launched.
Bermuda Investor Community Limited held a gala kick-off at The Cloud at The Waterfront restaurant on Tuesday that brought mo...
DATE: Jun 13, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall