75770 results returned for search: "" category "Business"
Apex Group Ltd, the Bermudian-based global financial services provider, has closed the £1.5 billion acquisition of Sanne Group plc, a leading global provider of alternative asset and corporate services.
The close of the Sanne acquisition positions Ap...
DATE: Aug 05, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Bermudian-registered Nabors Industries Ltd has recorded a net loss from continuing operations attributable to Nabors shareholders for the second quarter of $83 million.
This compares to a loss of $184 million in the first quarter for the energy drill...
DATE: Aug 05, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Convex Group Limited, the Bermudian-based international specialty re/insurer, has acquired a strategic 7.7 per cent share in Quotech, the underwriter-led insurtech that creates practical systems for specialty insurers, brokers and MGAs.
Quotech annou...
DATE: Aug 05, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
The RG/BSX Index remained unchanged at 2,382.30 after no trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited finished the day at $33.18, up 17 cents (0.52 per cent) on the New York Stock Exchange.
DATE: Aug 04, 2022
|
CATEGORY:
Bermuda Stock Exchange
|
SiriusPoint Ltd, the Bermudian-headquartered global specialty re/insurer, has reported a net loss of $61 million for the second quarter of the year.
That result takes the company’s net loss for the first half of 2022 to $278 million.
The company had ...
DATE: Aug 04, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermudian-based Fidelis Insurance Holdings Limited has become a member of ClimateWise, the climate change initiative.
ClimateWise represents a global network of leading insurers, reinsurers, brokers and industry service providers.
The organisation sh...
DATE: Aug 04, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Lloyd’s has received regulatory approval from the Prudential Regulation Authority and the Financial Conduct Authority in the UK to set up a second protected cell company.
The new PCC provides a broadened range of capabilities for the market and an en...
DATE: Aug 04, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Duncan Hall
Kim Lawrence felt an immediate sense of calm the first time she wore a malachite crystal.
“I felt at peace and it helped me tap into my purpose,“ Ms Lawrence said. ”Malachite is a deep-green stone with a very strong energy. But it is also very prote...
DATE: Aug 04, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Jessie Moniz Hardy
Twelve aspiring entrepreneurs have graduated from the second Young Adult Entrepreneurial Internship programme presented by Ignite Bermuda.
The nine-week programme enabled participants, who ranged in age from 19 to 25, to develop their passions for en...
DATE: Aug 04, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
Newly released figures from PartnerRe show that the company lost more than $1.1 billion in the first half of the year.
According to the latest report, the net loss was driven by unrealised losses on fixed maturities of $591 million and $1,413 million...
DATE: Aug 04, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff