75005 results returned for search: "" category "Business"
Neville Grant has been appointed chief executive officer of Bermuda Commercial Bank.
The appointment was made at this month’s meeting of the company’s board of directors.
Following a “successful transition period”, Mr Grant will step into the CEO...
DATE: Dec 20, 2021
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CATEGORY:
Banking
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AUTHOR:
Business Staff
HAMILTON, Bermuda – (December 20, 2021) – Sun Life International announced today the launch of Sun Global Solis, its newest flexible premium Indexed Universal Life (IUL) insurance product.
This competitively priced product offers a balance of long-te...
DATE: Dec 20, 2021
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CATEGORY:
Reinsurance
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Charann Daniels and her sister, Charmarie Virgin, were always fascinated by natural beauty products.
“We would go for a walk and wonder whether the plants we saw were edible, or whether they could be macerated into an oil that could be used on our ha...
DATE: Dec 20, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
A five-week long, $400 million lawsuit completed submissions on Friday with a lawyer claiming it was fully expected that Credit Suisse’s investment team was responsible for managing his wealthy client’s hundreds of millions of dollars in Credit Suiss...
DATE: Dec 20, 2021
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
‘Twas the market before Christmas and returns have lacked depth,
With equities rallying with horrible breadth.
Global warming was discussed with thought and great care,
As COP 26 added measures to clean the world’s air.
Premier Burt lies nestled all ...
DATE: Dec 20, 2021
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CATEGORY:
Economy
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AUTHOR:
Nathan Kowalski
Bermuda-headquartered Allied World’s improved profitability and capitalisation has led Moody's Investors Service to upgrade the insurance financial strength (IFS) ratings of the company’s insurance operating subsidiaries (collectively, Allied World) ...
DATE: Dec 20, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based Borr Drilling Limited, the oilfield services company, has secured a contract for the premium jack-up drilling rig Norve with BW Energy for work in Gabon.
The company said the contract was expected to commence in the second half of 202...
DATE: Dec 20, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Butterfield Bank has partnered with one of the island’s largest feeding programmes for those in need.
The mounting evidence of social displacement in Bermuda led to hundreds of volunteers at Christ Church Warwick providing more than a thousand meals ...
DATE: Dec 20, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The international business of a global insurer, including its Bermuda reinsurer, has faced underwriting deficiencies and catastrophe losses in recent years, together with regulatory solvency breaches and governance issues, according to AM best.
It le...
DATE: Dec 20, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Everest Re Group Ltd and its board of directors have extended the employment agreement of president and chief executive officer Juan C Andrade.
The global re/insurer said the extended agreement runs through the end of 2023 with automatic annual exten...
DATE: Dec 20, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
