75000 results returned for search: "" category "Business"
The Chamber of Commerce’s Annual Budget Breakfast, normally scheduled the Monday after the Budget Statement is delivered, has been postponed until Thursday.
Chamber chief executive officer Kendaree Burgess said: “The Bermuda Chamber of Commerce apolo...
DATE: Feb 28, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Russia’s invasion of Ukraine likely will impact the global insurance industry substantially in the near to midterm, AM Best believes.
The rating agency said this is probable, especially given the significant fallout in the capital markets and potenti...
DATE: Feb 28, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
After working on infrastructure and commercial roll-out, new telecommunication’s provider Horizon Communications is ready to launch its residential service.
At the start, Horizon is offering two simple packages, $100 for 100mbps and $129 for 175mbps....
DATE: Feb 28, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The City of Hamilton is littered with shuttered buildings and other vacated commercial premises, some that once housed thriving businesses.
It is a visual indicator of the island’s economic troubles and a focus as parliamentary budget discussions be...
DATE: Feb 28, 2022
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CATEGORY:
Business
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AUTHOR:
David Fox, Business Editor
Bermudian-based holding company Assured Guaranty Ltd has reported net income of $389 million in fiscal year 2021.
That includes a $175 million pre-tax ($138 million after-tax) loss on debt extinguishment resulting from the voluntary early redemption ...
DATE: Feb 28, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Enstar Group Limited, the global insurance group based in Bermuda, has reported consolidated net earnings of $437 million for fiscal year 2021.
That compares to consolidated net earnings of $1.7 billion in 2020.
The company said key drivers of net ea...
DATE: Feb 28, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The public nature of wills has recently been hotly contested in the United Kingdom, where the practice of making wills of ordinary folk public, versus sealing royal wills, has been in focus.
Following the death of Prince Philip, Duke of Edinburgh las...
DATE: Feb 28, 2022
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CATEGORY:
Local Business
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Alaina Cubbon has joined Elementum Bermuda in the position of vice-president, portfolio management on the organisation’s investment team.
The alternative investment manager specialising in collateralised natural catastrophe event reinsurance investme...
DATE: Feb 28, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Joyce Hayward, an entrepreneur and former accountant general, believes pandemic-hit small businesses could need the Bermuda Economic Development Corporation’s help for the next five years.
“They will definitely need help for the next year,” she said,...
DATE: Feb 28, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Yes, I’m writing about financial literacy again. No matter where one looks, it has become a global buzzword, laden with concern, generating significant increases now in various initiatives in various countries to develop, publicise and provide access...
DATE: Feb 26, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron