75005 results returned for search: "" category "Business"
Bermudian-based Bacardi Limited distributed more than 250 grocery totes filled with food items and grocery vouchers to Bermuda bartenders who continue to be economically impacted by the Covid-19 crisis.
The largest privately held spirits company cont...
DATE: Dec 14, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Sun Life International is donating $70,000 to Bermudian charities through the Sun Life International's Charitable Giving Committee, which consists exclusively of Bermuda-based employees.
This year funds were awarded to 25 Bermuda registered charities...
DATE: Dec 14, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
More information on when international businesses could expect increased fees from the financial services watchdog should be released, the Opposition said today.
Cole Simons, the leader of the One Bermuda Alliance, made the call as the House of Assem...
DATE: Dec 14, 2021
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CATEGORY:
International Business
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AUTHOR:
Shaun Connolly
Andrew Kanelos has been appointed executive chairman and chief governance officer of Bermudian-based insurer Oceanview Reinsurance Ltd.
Mr Kanelos, formerly with Transamerica Life Insurance, will direct the management activities of the company and s...
DATE: Dec 14, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Leading catastrophe risk solutions company RMS and specialty (re) insurer Canopius have been developing and enhancing Canopius’ climate change risk analysis with the adoption of RMS Climate Change Models.
RMS has worked closely with Canopius to fully...
DATE: Dec 14, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A private equity firm has started using a real-time environment, social and governance data analytics solution developed by Bermudian-registered financial services provider Apex Group Ltd.
Adams Street Partners, which has more than $49 billion under...
DATE: Dec 14, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A proposal to boost insurance payouts for road accidents have been put before Parliament.
The legislation, an update to a law passed in the 1940s, seeks to increase insurer liability for anyone travelling in a car or “a public carriage”.
The insurer ...
DATE: Dec 14, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Shaun Connolly
The RG/BSX Index closed the day unchanged at 2,648.34 with no activity among domestic companies on the Bermuda Stock Exchange.
The Bank of Butterfield fell 23 cents (0.63 per cent) on the New York Stock Exchange to close at $36.12.
DATE: Dec 13, 2021
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CATEGORY:
Bermuda Stock Exchange
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Business owner Alfonso Harris has doubled down on the olde towne.
Mr Harris, the long-time proprietor of Churchill’s wine and spirits store in the Town of St George, has added a second shop, Winston’s Wines, to his portfolio.
The 59-year-old said: “I...
DATE: Dec 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Global banking giant Credit Suisse supplied complex and extensive accounts statements as physical copies to its own expert witness – and would not provide them in a more efficient and manipulable electronic format.
The situation facing the financial ...
DATE: Dec 13, 2021
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill