75002 results returned for search: "" category "Business"
The RG/BSX Index rose 40.23 (1.52 per cent) to 2,687.80 after the trading of two issues on the Bermuda Stock Exchange.
Argus Group Holdings Ltd. finished unchanged at $6.39 on a volume of 16,800.
Bank of N.T. Butterfield Ltd. rose 75 cents (1.9 per ...
DATE: Feb 17, 2022
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CATEGORY:
Bermuda Stock Exchange
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Golden Ocean Group Limited, a leading international dry bulk shipping company based in Bermuda, has declared its most successful fourth quarter and full year results in its quarter-of-a-century history.
GOGL reported net income of $203.8 million and ...
DATE: Feb 17, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
After 32 years of running Brighton Nurseries in Devonshire, Eddie and Mandy Simas are relinquishing control of a business that has operated at the 12 Brighton Lane location since shortly after the Second World War.
Jay Benoza and Eugene O’Connor sign...
DATE: Feb 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
HSBC Bermuda will permanently shut its Church Street branch at the end of June – and until then it will be used for by-appointment safe-custody services only.
HSBC said staff working there would be redeployed to support the Harbourview Centre, St Geo...
DATE: Feb 17, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
The US Federal Emergency Management Agency (Fema) has now secured the $450 million upper-target for its new FloodSmart Re Ltd. (Series 2022-1) catastrophe bond, Artemis has reported.
FloodSmart Re Ltd is Fema’s Bermuda-domiciled special-purpose insur...
DATE: Feb 17, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Fintech company 24 Exchange Broker Limited has been licensed by the Bermuda Monetary Authority to begin operating as a digital asset service vendor.
The company is a new affiliate of Bermudian-based 24 Exchange, which said the licence further cemente...
DATE: Feb 17, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed to provide fund administration services to Adit Ventures’ new Irish Investment Limited Partnership fund structure.
Apex said it was providing services includin...
DATE: Feb 17, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Argo Group International Holdings Ltd, an underwriter of specialty insurance products, has completed the sale of Argo Seguros Brasil S.A. to Spice Private Equity Ltd.
“The closing of this transaction is another definitive step as Argo...
DATE: Feb 17, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index closed at 2,647.57, unchanged for the day, after one issue traded on the Bermuda Stock Exchange, Argus Group Holdings Ltd., (25,200 shares) which closed unchanged at $6.39.
In New York, the Bank of N.T. Butterfield Ltd. finished 35 c...
DATE: Feb 16, 2022
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CATEGORY:
Bermuda Stock Exchange
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Aircare sales consultants Reggie Weeks and Marlyn C Kelch have achieved the 2021 Linc Diamond Award for outstanding sales performance, again.
The pair were named the winners at the annual All-Star Diamond Event honouring top sales performers and empl...
DATE: Feb 16, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff