75000 results returned for search: "" category "Business"
Dear Dave,
What exactly is an executor, and what part do they play in someone’s will?
— Gabe
Dear Gabe,
Simply put, an executor manages the last will and testament of someone who dies. Acting as an executor is an honour and a huge responsibility. As...
DATE: Feb 26, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index closed at 2,717.42, some 42.75 (1.60 per cent) points higher for Budget Day, as two rose on trading.
BF&M Ltd. had 3,500 shares change hands, closing at $18.15, up $4.36 (31.6 per cent), marking a rebound from when the insurer’s stoc...
DATE: Feb 25, 2022
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CATEGORY:
Bermuda Stock Exchange
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Nordic American Tankers Limited, the Bermudian-based oil tanker company, has reported a net loss of $21 million in the fourth quarter of 2021.
The adjusted EBITDA was $1.9 million.
The net loss for the previous quarter was $44.6 million, with an adju...
DATE: Feb 25, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
SiriusPoint Ltd, the global insurer and reinsurer based in Bermuda, has reported net income of $44.6 million in fiscal year 2021.
That result is despite a net loss of $140.3 million in the fourth quarter of the year.
The company reported net income o...
DATE: Feb 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Government is downplaying Bermuda being put back on the European Union’s Grey List, but admits it is powerless to get off it until October.
DATE: Feb 25, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
Leah Mills’ natural hair care business Pink Lotus Hair and Skin Essentials was born out of a series of bad hair days.
“I always had natural hair, but when I was younger I would put heat to it and make it straight,” the 32 year old said. “It damaged m...
DATE: Feb 25, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Members of Bermuda’s entrepreneurial and entertainment communities are encouraged to apply for opportunities available during SailGP, which will hold its season three opening event in Bermuda, May 14-15.
The Bermuda Economic Development Corporation h...
DATE: Feb 25, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Entrepreneur Akilah Swan, a graduate of the Ignite Bermuda programme, has joined the non-profit organisation’s board of directors.
Ignite, the entrepreneurial accelerator launched in 2019, said its board recognises the value of having a Bermudian ent...
DATE: Feb 25, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
The leaders of Conduit Holdings Limited remain optimistic despite a comprehensive loss of $42 million by Conduit Re in its first year of operation.
Preliminary results released today by the Bermudian-based global reinsurer report an underwriting loss...
DATE: Feb 25, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Aanika Biosciences, an emerging American biotech company using microbial-based technologies to protect the safety and security of our food system, has been accepted into the Bermuda Monetary Authority’s Innovation Hub.
The company said the programme ...
DATE: Feb 25, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff