75415 results returned for search: "" category "Business"
Bermudian-based insurer Enstar Group Limited has reported a net loss of $282 million for the first quarter of the year.
That compares with net earnings of $183 million for first quarter 2021.
The company said return on equity was minus five per cent ...
DATE: May 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Realtors and government remain at loggerheads in a seven-year battle after what industry believed was unintended consequences from 2015 changes that removed the ability for work permit holders to buy condominiums outside of hotel/tourism developments...
DATE: May 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Changes to Bermuda laws designed to stimulate economic investment have made it more difficult for international buyers to purchase condominiums, writes property lawyer Mathew Kelly in this opinion article.
The recent budget highlighted two major...
DATE: May 09, 2022
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CATEGORY:
Local Business
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Ronnette Burgess has been promoted to the new role of vice president of human resources and has joined the executive leadership team at The MarketPlace.
Mrs Burgess, who has worked with The MarketPlace for nearly 30 years, began her career in the acc...
DATE: May 09, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
White Mountains Insurance Group Ltd, the Bermudian-domiciled financial services holding company, has reported comprehensive income attributable to common shareholders of $31 million in the first quarter.
That compares with a loss of $74 million in th...
DATE: May 09, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Digicel was Bermuda’s Speedtest Awards winner for mobile network speed during the third and fourth quarter of 2021.
Digicel yesterday announced the win from Ookla, a global leader in internet testing and analysis.
To win this award, Digicel achieved...
DATE: May 08, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
It’s déjà vu all over again. The actions of a few impacting the welfare of thousands.
Much was written last week about the British Virgin Islands and its leaders, concerning “possible corruption or other serious dishonesty in relation to past and pre...
DATE: May 07, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Dear Dave,
Do you have any advice on how to start a carwash and detailing business? What things should I consider first, and what do I keep in mind over the long run?
– Andrew
Dear Andrew,
I’m excited for you, man! And I love your ambitious spir...
DATE: May 07, 2022
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CATEGORY:
Personal Finance
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FutureProof Technologies, the climate-smart P&C insurtech, has raised $6.5 million in capital led by Axis Digital Ventures, which works across Axis’ underwriting units to develop and grow strategic partnerships with insurtechs and other innovators.
P...
DATE: May 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the first quarter of $274.2 million compared to $135.6 million for the prior year quarter.
The company’s board of directors declared a quarterly cash dividend of ...
DATE: May 06, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff