75413 results returned for search: "" category "Business"
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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For a long time Keanne Bean wanted to start her own health coaching business, but was unsure how to go about it.
Then she heard about the business incubator programme at the Bermuda Economic Development Corporation.
Last year, she approached them wi...
DATE: May 20, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
PartnerRe Ltd today reported a net loss attributable to common shareholders of $539 million for the first quarter of 2022, compared with a net loss of $66 million for the same period last year.
PartnerRe said the insurance industry continued to be im...
DATE: May 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based Convex Group’s net loss narrowed from $179 million to $158 million in fiscal year 2021 as its gross written premiums nearly doubled, the international specialty re/insurer said.
Convex said gross written premium increased by 93 per c...
DATE: May 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of four subsidiaries of Bermudian-based Convex Group Limited.
Island-based Convex Re Limited (CRL), Convex Insurance UK Li...
DATE: May 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Somers Limited has reported a net loss of $46.9 million for the second quarter of its fiscal year as the company was buffeted by the severe downturn in global investment markets.
The Bermudian-based financial services investment holding company said...
DATE: May 20, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The difference between actual and insured losses around the world could widen from $1.4 trillion in 2020 to $1.8 trillion by 2025, with the Asia-Pacific region accounting for almost half of all uninsured risk, according to a new PWC report.
PwC o...
DATE: May 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Jessie Moniz Hardy