76228 results returned for search: "" category "Business"
Borrowers will pay more for their loans and mortgages after Butterfield Bank raised its rates in response to the historic 75 basis point increase by the US Federal Reserve
DATE: Jun 16, 2022
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CATEGORY:
Banking
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AUTHOR:
David Fox, Business Editor
Ignite Bermuda has launched its annual eight-week internship programme for aspiring young entrepreneurs.
The Young Adult Entrepreneurial Internship, now in its second year, aims to support local young adults’ passions for entrepreneurship through wor...
DATE: Jun 16, 2022
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Pine Walk Capital Limited, the London-headquartered specialist MGA platform that is a subsidiary of Bermudian-based Fidelis Insurance Holdings Limited, has launched a seventh MGA.
Pine Walk said Pernix Specialty Limited specialises in political risk ...
DATE: Jun 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermudian-based global financial services provider, is to expand its presence in Malta with the announcement of the planned acquisition of ZASMalta, a specialist provider of regulatory compliance and risk management services.
The ...
DATE: Jun 16, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
John Duda has joined the Bermuda office of Miller, the independent specialist re/insurance broker, as head of ILS development and capital management products.
In his new role, Mr Duda will focus on developing Miller’s business in the Bermudian market...
DATE: Jun 16, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
KBRA has affirmed the following insurance financial strength ratings of the insurance subsidiaries of the Tower Hill Insurance Group: A- for Tower Hill Prime Insurance Company (TH Prime) and BBB+ for Tower Hill Preferred Insurance (TH Preferred), Tow...
DATE: Jun 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index fell 24.14 points (1.13 per cent) to 2,116.51 for the day.
The decline was driven by the only issue trading, Bank of N.T. Butterfield Ltd., which fell 45 cents or 1.5 per cent to $29.50, after the trading of 2,412 shares ($71,160.60)...
DATE: Jun 15, 2022
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CATEGORY:
Bermuda Stock Exchange
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Hamilton’s newest art gallery is located in a thrift shop, but there is nothing second hand about the artwork
DATE: Jun 15, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Bermudian-based Randall & Quilter Investment Holdings Ltd has reported a loss of $127.4 million for fiscal year 2021.
That compares with a profit of $37.7 million in the prior year.
The group IFRS loss was primarily impacted by a $90-million pre-tax,...
DATE: Jun 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The Cayman Island Consumer Price Index increased by 11.2 per cent in the first quarter of this year when compared to the same period in 2021, the Cayman News Service has reported.
The CNS commented that residents of the Cayman Islands have been livin...
DATE: Jun 15, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor