75770 results returned for search: "" category "Business"
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the second quarter of $231.8 million.
That compares with net income of $159.8 million for the same quarter a year ago.
Mark A Casale, chairman and chief executive...
DATE: Aug 08, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Palomar Holdings Inc, the parent company for subsidiaries including island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $14.6 million for the second quarter.
That compares with net income of $12.3 million for th...
DATE: Aug 08, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
In some ways, feeling “rich” is less about how many zeroes you have in your bank account and more about knowing how to use them to get what you want out of life.
For author and certified financial planner Tom Corley, feeling rich comes from having an...
DATE: Aug 06, 2022
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CATEGORY:
Personal Finance
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Dear Dave,
My wife and I have plans to enter the mission field as soon as we have paid off our debt and get a full emergency fund in place. We only have about $12,000 in credit card debt left, and we don’t own a home, but my father does not want this...
DATE: Aug 06, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index finished 151.58 points (6.36 per cent) higher for the week at 2,382.30, after advances led gainers two to one on the Bermuda Stock Exchange.
Bank of N.T. Butterfield Ltd. (10 per cent on 687 shares) and LOM Financial Limited (6.8 per...
DATE: Aug 05, 2022
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CATEGORY:
Bermuda Stock Exchange
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Back in March 2020, Kyra-Lee Van Putten and boyfriend Jamal Woodley found themselves stranded together in Canada during the pandemic.
“It was my birthday and Jamal came up to visit me in Toronto, where I was in school,” she said. “Then Covid-19 hit a...
DATE: Aug 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Rebounding tourism and strong consumer spending is keeping Bermuda's economy moving in the right direction, according to newly released first-quarter figures.
But there were some negatives in the financial picture.
According to Jason Hayward, the eco...
DATE: Aug 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
HSBC Bermuda will be raising its base lending rate on residential mortgages and consumer loans for the first time since 2019.
Effective October 4, it will raise its base rate for Bermuda dollar residential mortgages and consumer loans by 0.50 per ce...
DATE: Aug 05, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
Giovanni Hollis, a Bermudian university student, has been awarded the 2022 BFIS CG Insurance Alan Peacock Scholarship.
The award is valued at $25,000 for two academic years, totalling $50,000.
Mr Hollis is a junior at Northeastern University, pursuin...
DATE: Aug 05, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Sarah Medeiros is the recipient of MJM Limited’s 2022 Legal Scholarship.
Ms Medeiros was awarded the scholarship to a value of $10,000 to assist with her legal studies.
The 2021 graduate of Mount Saint Agnes Academy is currently furthering her studie...
DATE: Aug 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff