75419 results returned for search: "" category "Business"
Ardmore Shipping Corporation, the Bermudian-headquartered company that owns and operates product and chemical tankers, has reported a net loss of $38.1 million for fiscal year 2021.
That compares with a net loss of $6 million in 2020.
The company rep...
DATE: Feb 15, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Conduit Holdings Ltd has appointed Greg Roberts as group chief underwriting officer.
Mr Roberts, whose appointment is subject to Bermuda immigration approval, takes over the role from Trevor Carvey, the group chief executive officer a...
DATE: Feb 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
At 16, Kameron Young conducted a genetic study. At 17 she spent a year in Spain becoming fluent in Spanish. At 19, she was a virtual intern with a Columbian tech company.
Now, in her first year in Queen Mary University of London’s biomedical engineer...
DATE: Feb 15, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
The Bank of N.T. Butterfield & Son Limited has declared net profits for the year to December 31 of $162.7 million, up 10.5 per cent from 2020’s $147.2 million.
The result came after net income in the fourth quarter of $41.7 million.
Michael Collins, ...
DATE: Feb 15, 2022
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CATEGORY:
Banking
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AUTHOR:
Business Staff
Bermuda’s re/insurance industry has been singled out for how it managed the disruption of the Covid-19 pandemic.
Praise came from Craig Redcliffe, EY partner and regional insurance leader, region of Bermuda, Bahamas, British Virgin Islands and Cayman...
DATE: Feb 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The rise of insurtech is to feature in a panel discussion at next month’s Bermuda Risk Summit presented by the Bermuda Business Development Agency.
The event, March 14-16, will be the island’s first major in-person risk event since 2019.
Chris Maiato...
DATE: Feb 15, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The Bermuda Captive Conference is to return to the live stage for the first time in three years.
Now in its 18th year, the BCC will take place as a hybrid event from September 12 to 14.
Delegates to the conference will have the opportunity to return ...
DATE: Feb 15, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index remained unchanged for the day at 2,567.12, after 22,699 shares of Argus Group Holdings Ltd. changed hands on the Bermuda Stock Exchange, with Argus closing at $6.39.
The Bank of N.T. Butterfield & Son Limited closed down 55 cents (1...
DATE: Feb 14, 2022
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-domiciled SHL Holdings Ltd is to distribute nearly $14 million to its shareholders.
SHL said it has successfully monetised its interests in real property and an option on real property in Detroit, Michigan, and a certificate that can be pre...
DATE: Feb 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Drinks giant Bacardi, the largest privately held spirits company in the world, has announced that its iconic premium rum brand will cut its greenhouse gas emissions in half from 2023.
The Bermudian-based company said Bacardi rum’s GHG emissions will ...
DATE: Feb 14, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff