76251 results returned for search: "" category "Business"
Lombard International Group announced today that it has entered into a definitive agreement to sell its US and Bermuda business to BroadRiver Asset Management and its affiliated entities.
Lombard International is a market leader in insurance-based we...
DATE: Aug 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Healthcare reform in Bermuda may be up to a decade away, a veteran insurance executive has advised.
John Wight, the group chief executive officer of BF&M Limited, said that timeline is consistent with healthcare reform that has taken place elsewhere....
DATE: Aug 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Bermuda’s street life is filled with people lacking real identity and purpose, says hardworking plumber David Wilkinson.
He sees a study of hopelessness in some and a society trying to come to grips with unacceptable criminal violence.
He wants to be...
DATE: Aug 24, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda is featured in another Top Ten list, this time: 10 Reasons Bermuda Is the Ultimate Island Destination, the article just published Tuesday in the Leisure section of Town & Country magazine.
“From its jaw-dropping scuba diving sites to pro golf...
DATE: Aug 24, 2022
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CATEGORY:
Business
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AUTHOR:
Business Staff
Beyond Cancer Ltd, the exempted company registered in Bermuda that is focused on developing ultra-high concentration nitric oxide for the treatment of solid tumours, has announced that the first patient was treated in a first-in-human phase one study...
DATE: Aug 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A former forecaster with the Bermuda Weather Service has been appointed head of catastrophe research at global specialty (re)insurer Canopius Group.
Canopius said Geoffrey Saville will enhance the group’s science-led understanding and approach to cli...
DATE: Aug 24, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index finished at 2,456.38 points, up 53.63 points (2.23 per cent).
The only active issue was Bank of N.T. Butterfield Ltd with 1,400 shares trading, and closing at $34.00, up a dollar (three per cent).
On the New York Stock Exchange, the ...
DATE: Aug 23, 2022
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CATEGORY:
Bermuda Stock Exchange
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Polaris Holding Company Ltd, the parent to Hamilton docks operator Stevedoring Services Ltd and East End Asphalt Company, has reported earnings for the year to the end of March of more than a million dollars.
And while both subsidiaries reported prof...
DATE: Aug 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
BF&M Limited has reported a shareholders’ net loss of $12.3 million for the six months ended June 30, compared with the shareholders’ net income for the same period in 2021 of $14.8 million.
Net income from operations, after excluding the negative f...
DATE: Aug 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Dedicated reinsurance capacity is expected to drop for 2022 after a changing environment that has reversed the factors that had made it grow, a new report from AM Best has warned.
Last year, capacity increased to $568 billion, driven by an increase o...
DATE: Aug 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff