75000 results returned for search: "" category "Business"
Occam Underwriting, the London-based specialist lines-focused managing general agency, has completed the acquisition of Beech Underwriting Agencies Limited, having received the required approval from the Financial Conduct Authority in the United King...
DATE: Mar 31, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Nabors Industries Ltd has added to its clean energy portfolio with an $8 million investment in GA Drilling, the geothermal technology company with headquarters in Bratislava, Slovakia.
The company said this strategic investment expand...
DATE: Mar 31, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index adjusted modestly higher, up by 0.24 (0.01 per cent) closing at 2,565.98, after one issue traded.
Argus Group Holdings Ltd. closed a penny higher (0.2 per cent) at $6.11 on a volume of 33,099 shares.
The Bank of N.T. Butterfield & So...
DATE: Mar 30, 2022
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CATEGORY:
Bermuda Stock Exchange
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Centaur Group, the Irish-headquartered global fund administration and fiduciary services provider with an office in Bermuda, is to become part of Waystone Group, an institutional provider of services to the asset management industry.
The deal is subj...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Global Cloud Xchange, the Bermudian-based submarine cable network owner/operator, has expanded its partnership with digital infrastructure company Equinix.
GCX said the deal provides its customers with enhanced route diversity and availability of its...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Oil Casualty Insurance Ltd has reported a net loss of $37 million for the year November 30, 2021.
Ocil is a Class 3B licensed insurer that provides various forms of coverage for a broad array of industries with a focus on the energy i...
DATE: Mar 30, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
Despite newly released retail sales figures showing an 8.8 per cent drop in sales in December, several local store owners told The Royal Gazette that Christmas was not so terrible.
“Sales were down compared to my first year of business, but in all h...
DATE: Mar 30, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
A damning “indictment” of the business dealings of Credit Suisse bank follows a Supreme Court judgment in which more than half a billion dollars were at stake and where the court found fraud in policy accounts that the bank’s Bermuda subsidiary held ...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Oligarchs now facing sanctions and the discomfort of seeing their luxurious lifestyles thrown into the spotlight may be disconcerted to recall that one of their alleged number, just four months ago in a Bermuda Court, vividly described his rise to di...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Apex Group Ltd, the Bermudian-based global financial services provider, in partnership with the Digital Leadership Forum, has announced the launch of the Financial Services Disruptor Forum powered by Apex Group.
Conceptualised and driven by Apex Grou...
DATE: Mar 30, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff