76923 results returned for search: "" category "Business"
Arch Capital Group, the Bermudian-based re/insurer, has joined the Standard and Poor’s 500.
The company replaced the social media platform Twitter, recently acquired by entrepreneur Elon Musk.
Shares of the insurance company rose more than 8 per cent...
DATE: Nov 07, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the quarter ended September 30 of $178.1 million.
That compares to $205.4 million for the third quarter of 2021.
New insurance written for the third quarter was $...
DATE: Nov 07, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Retail sales volume declined slightly in July, dropping by 1.1 per cent compared to last year, the Ministry of Economy and Labour reported today.
That figure was arrived at after adjusting for the retail sales rate of inflation, measured at 5.1 per c...
DATE: Nov 05, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
I don’t believe in retirement. Why should I or you? Governments and those “all-knowers” across the spectrum, say you should.
According to Mary Lou Weisman in “The History of Retirement, From Early Man to A.A.R.P”, writing in the New York Times in Ma...
DATE: Nov 05, 2022
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Christmas and money – now there’s a combination that can send anyone spiralling.
When you’re trying to take control of your money, saving for an emergency fund is a crucial part of the process. In fact, it’s so important that at Ramsey Solutions, the...
DATE: Nov 05, 2022
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CATEGORY:
Personal Finance
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The RG/BSX Index remained at 2,436.96, unchanged all week, as there were no trades recorded on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited closed Friday up 35 cents (1.12 per cent) on the New York Stock Exchange.
DATE: Nov 04, 2022
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CATEGORY:
Bermuda Stock Exchange
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Pamela Thomas-Graham’s résumé is packed with achievements.
The New Yorker is a board member of The Clorox Company, Peloton Interactive and Bermuda’s own Butterfield Bank, to name a few.
She was the first African American woman to become a partner at...
DATE: Nov 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Concern has been expressed over the future of the City of Hamilton should the Bermuda Government complete its hostile takeover.
The Government’s proposed control of the Corporation of Hamilton is still the subject of a legal battle.
But Charles Gosli...
DATE: Nov 04, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based Enstar Group Limited has reported a third-quarter net loss of $444 million.
That compares with a net loss of $196 million for the three months ended September 30, 2021.
The company has reported a net loss of $1.2 billion for the first...
DATE: Nov 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, is scaling back its property catastrophe reinsurance platform by closing three offices and reducing its footprint in two more.
The company said it is closing underwriting offices in H...
DATE: Nov 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff