75419 results returned for search: "" category "Business"
The net income of the Bermuda Monetary Authority increased eighteenfold in 2021 after its regulatory fees increased by $11 million, according to its annual report.
The BMA, Bermuda’s independent financial services regulator, had net comprehensive in...
DATE: May 23, 2022
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CATEGORY:
Economy
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AUTHOR:
Duncan Hall
Covid-19 has been referred to as a black swan event — something that is extremely negative, rare and almost impossible to predict. Nassim Taleb, the famous author of The Black Swan, reminds us that we can divide the world and all that’s in it (peopl...
DATE: May 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
Stuart Lacey
A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a previously announced agreement for a ground-up loss portfolio transfer with island-based Aspen Insurance Holdings Limited and its subsidiaries for their 2019 and p...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Profits at Bermudian-based International General Insurance Holdings Ltd rose 90 per cent in the first quarter compared with the prior-year period.
The specialty commercial re/insurer reported a profit of $19.4 million, up from $10.2 million for the q...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
Altamira Therapeutics Ltd, a Bermudian-headquartered biotechnology company, has reported promising results for trials of a nasal spray in reduction of an allergy.
Altamira, which says it is dedicated to developing therapeutics that address important...
DATE: May 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Catalina Holdings (Bermuda) Ltd has changed its management structure in an effort to increase its focus on global expansion.
The company, an industry leader in the insurance legacy retrospective space, said it will focus on growth while maintaining...
DATE: May 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A Bermuda Climate Summit kicks off tomorrow night with international leaders invited.
The forum has been convened through Tuesday by the Bermuda Business Development Agency in partnership with the Association of Bermuda Insurers and Reinsurers and Kr...
DATE: May 22, 2022
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CATEGORY:
International Business
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AUTHOR:
Jonathan Bell
How did the average do-it-yourself investor fare last year? Dalbar, Inc knows!
First, a look back at 2021 investment environment in the United States. It was another impactful year for many events, predictable and seriously improbable:
• Covid pandem...
DATE: May 21, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Dear Dave,
My wife and I are in our late twenties, and we have two kids. Our combined income is about $110,000 a year, but we have $70,000 in loans on two cars, plus about $15,000 in credit card debt. My in-laws have offered to let us move in with th...
DATE: May 21, 2022
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CATEGORY:
Personal Finance
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BF&M Ltd’s share price rose 27.7 per cent on the Bermuda Stock Exchange today on the trading of 1,000 shares. The insurer soared $4.98 to close on $22.99.
The move, today’s only trade, caused The Royal Gazette/BSX Index to rise by 45.47 points, or 2....
DATE: May 20, 2022
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CATEGORY:
Bermuda Stock Exchange
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