75000 results returned for search: "" category "Business"
Mi Hong Yoon has been appointed a director and company secretary of Borr Drilling Limited, succeeding Georgina Sousa, who is retiring from both posts.
The Bermudian-based oilfield services company said Ms Sousa had served in both positions since Febr...
DATE: Mar 02, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
The Rosedon Hotel’s Huckleberry Restaurant resumes lunch service today after closure because of a kitchen renovation project.
The project is part of an expansion programme at the high-end eatery at Pitts Bay Road, Pembroke.
“When the pandemic began w...
DATE: Mar 02, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Jessie Moniz Hardy
Lawrence Scott, the Minister of Transport, will update Parliament on the latest with regard to the British sanctions imposed in light of the Russian invasion of Ukraine.
Addressing the matter yesterday, David Burt, the Premier and finance minister, c...
DATE: Mar 02, 2022
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
Jason Hayward, the Minister of Economy and Labour, yesterday pegged inflation for the year to November at 2.8 per cent, as measured by the Consumer Price Index released by the Department of Statistics.
The minister said: “In November 2021, consumers ...
DATE: Mar 02, 2022
|
CATEGORY:
Economy
|
AUTHOR:
Business Staff
Figures delivered for November by the Department of Statistics revealed the enduring slide for retail sales, with the index continuing to go in the wrong direction.
The Ministry of Economy and Labour released the November 2021 Retail Sales Index, sho...
DATE: Mar 02, 2022
|
CATEGORY:
Economy
|
AUTHOR:
Business Staff
Martello Re Limited, the newly created life and annuity reinsurer based in Bermuda, has completed its first reinsurance transaction less than two months after launching.
The announced transaction covers $14 billion of in-force fixed annuity and fixed...
DATE: Mar 02, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Carey Olsen Bermuda was the most improved offshore law firm on the island, according to the 2022 edition of Chambers Global, the firm has announced.
The firm said it is ranked in all legal practice areas under consideration by Chambers and Partners: ...
DATE: Mar 02, 2022
|
CATEGORY:
Local Business
|
AUTHOR:
Business Staff
James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported net losses for the fourth-quarter and full year 2021.
James River owns and operates a group of specialty insurance and reinsurance companies, including casua...
DATE: Mar 02, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Sompo International Holdings Ltd, the Bermudian-headquartered global specialty provider of property and casualty insurance and reinsurance, has appointed Jon Hiller as senior vice-president, head of international casualty in the London market.
He wil...
DATE: Mar 02, 2022
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
The RG/BSX Index slumped 107.28 (3.95 per cent) to close at 2,610.14, as Bank of N.T. Butterfield Ltd closed down $2 (5.0 per cent) at $38 on a volume of 800 shares on the Bermuda Stock Exchange.
And on the New York Stock Exchange, Butterfield fell $...
DATE: Mar 01, 2022
|
CATEGORY:
Bermuda Stock Exchange
|