75770 results returned for search: "" category "Business"
The leader of the OBA has warned consumers with variable interest-rate loans to brace themselves for higher payments, in light of the latest US Federal Reserve interest-rate increase.
“Overdraft fees will increase, and new overdraft facilities will b...
DATE: Aug 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The International Coaching and Leadership Institute has joined forces with Bermuda College to offer a new coach training and leadership development programme to professionals and students.
Beginning in October, the Coaching Foundations certificate pr...
DATE: Aug 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Seven participants in the fifth annual Summer Student Entrepreneur Programme presented by the Bermuda Economic Development Corporation have introduced their businesses to the community with a meet and greet on the lawn of City Hall in Hamilton.
The B...
DATE: Aug 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Mosaic Insurance has launched a podcast series exploring the impact fast-changing risks are having on people, businesses and global economies.
The Mosaic Moment series offers informed insights on economic and geopolitical themes affecting the commerc...
DATE: Aug 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index finished 2.09 points (0.09 per cent) higher at 2,232.82 after one issue traded.
LOM Financial Limited had 25,000 shares move, finishing 35 cents (6.8 per cent) higher at $5.50.
The Bank of N.T. Butterfield & Son Limited finished the...
DATE: Aug 02, 2022
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CATEGORY:
Bermuda Stock Exchange
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Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has acquired Southern Cross, an insurance management services provider based in South Africa.
Terry Petyt, the founder and CEO of Southern Cross, joins...
DATE: Aug 02, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
International General Insurance Holdings Ltd has signed a non-binding letter of intent to acquire Energy Insurance Oslo AS, a Norwegian managing general agency.
The Bermudian company said the proposed transaction includes the acquisition of 100 per c...
DATE: Aug 02, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported second-quarter net income available to common shareholders of $5 million.
That compares with net income of $20.8 million for the second quarter of 2021.
Adju...
DATE: Aug 02, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Valaris Limited has reported net income of $113 million in the second quarter compared to a net loss of $40 million in the first quarter of the year.
The Bermudian-based offshore drilling services company said revenues increased to $413 million from ...
DATE: Aug 02, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $78.6 million for the second quarter.
That compares with $72.7 million for the first quarter of 2022.
The averag...
DATE: Aug 02, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff