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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-domiciled Fortitude Reinsurance Company Ltd.
The outlook of these credit ratings is stable.
Concurrently, AM Be...
DATE: Mar 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Domestic trading lay dormant on the Bermuda Stock Exchange, as the RG/BSX Index closed unchanged at 2,462.14 for the day.
But for the week, the Index was down 148 points (6.01 per cent), pulled down partly by Bank of N.T. Butterfield Ltd, which fell ...
DATE: Mar 11, 2022
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CATEGORY:
Bermuda Stock Exchange
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The owner of The Royal Gazette returned to profit in 2021 after suffering heavy pandemic-related losses a year earlier
DATE: Mar 11, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Beef, chicken or fish can be a hard decision for taco lovers. Now they don’t have to choose, thanks to Paco’s Tacos, a new food truck opening on Front Street
DATE: Mar 11, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The impact of economic sanctions on the rouble will prompt other countries to speed up their adoption of a digital currency
DATE: Mar 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Bermuda’s investment business regulations have been updated to cover remote work and digital nomads
DATE: Mar 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Jonathan Bell
Two of the island’s leading insurance companies have entered into a strategic partnership.
Bermudian-headquartered SiriusPoint Ltd, the global re/insurer, will invest in island-based global specialty insurer Mosaic Insurance to support growth, provid...
DATE: Mar 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Insurance industry veteran Andre Perez has joined the board of advisers of HSCM Bermuda.
DATE: Mar 11, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Three Bermuda College students will attend next week’s Bermuda Risk Summit courtesy of the Association of Bermuda Insurers and Reinsurers
DATE: Mar 11, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index closed at 2,462.14, unchanged for the day with no trades among domestic companies on the Bermuda Stock Exchange.
In New York, the Bank of N.T. Butterfield & Son Limited closed up 15 cents (0.42 per cent) at $35.94 on the New York Sto...
DATE: Mar 10, 2022
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CATEGORY:
Bermuda Stock Exchange
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