75005 results returned for search: "" category "Business"
Despite the Covid-19 pandemic, Bermuda, Cayman Islands and Barbados captives continue to outperform the United States commercial casualty composite on underwriting and operating profitability, according to a new AM Best report.
The Best market report...
DATE: Dec 01, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Argus Group Holdings Limited subsidiary Centurion Insurance Services Limited has appointed Ryan Eve vice-president, broking.
He will lead operations at Centurion, the Bermudian-based insurance broker that the company said has successfully served the...
DATE: Dec 01, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The corporate and finance practice in the Bermuda office of international law firm Conyers has been recognised as Tier 1 in the 2022 edition of IFLR 1000, the annual guide to the world’s leading financial and corporate law firms.
Nine lawyers in the ...
DATE: Dec 01, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The RG/BSX Index rose 2.63 (0.10 per cent) to close at 2,713.51 after two advancers for the day on the Bermuda Stock Exchange.
Devonshire Industries was up 50 cents (15.4 per cent), closing at $3.75 after 2,500 shares traded.
The other issue, Argus G...
DATE: Nov 30, 2021
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-based Apex Group Ltd, the global financial services provider, has been appointed to provide fund administration and middle-office services to the life insurance company of Azimut Group.
Apex said that Italian-based Azimut is one of the lead...
DATE: Nov 30, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Two subsidiaries of Bermudian-based Convex Group have received approval from the National Association of Insurance Commissioners and the California Department of Insurance to operate as a reciprocal jurisdiction reinsurer, effective from January 1.
T...
DATE: Nov 30, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian-based retirement services company Athene has agreed to acquire a controlling stake in the consumer-lending platform Aqua Finance in a deal valued at approximately $1 billion.
The stake is to be acquired from funds managed by Blackstone Tact...
DATE: Nov 30, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The redevelopment of the Fairmont Southampton could begin as early as February, construction industry sources have told The Royal Gazette.
And while the original plan was to shutter the property for 18 months, it is becoming clear that Bermuda will b...
DATE: Nov 30, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Member companies of the Bermuda International Long Term Insurers and Reinsurers contribute $500 million in direct and indirect expenditure to the island’s economy annually, research by professional services firm KPMG Bermuda has shown.
Biltir said th...
DATE: Nov 30, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
A popular West End art gallery is taking up residence in Hamilton for the holidays.
The Bermuda Arts Centre at Dockyard is opening a pop-up gallery tomorrow on the lower level of Washington Mall, next to Harbourmaster.
The venue will remain open unti...
DATE: Nov 30, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
