75787 results returned for search: "" category "Business"
Bermuda has long been recognised as a jurisdiction where custodians of traditional assets can thrive.
We think that the same is true for digital assets and that the digital asset custodian industry in Bermuda is set to grow significantly over the com...
DATE: Mar 24, 2022
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CATEGORY:
Local Business
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Buckle, a digital financial services company for the gig economy, has completed a $15-million upsizing of its term loan with participation from Siguler Guff & Company LP along with existing lender Hudson Structured Capital Management Ltd, conducting ...
DATE: Mar 24, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index fell 15.98 points (0.64 per cent) to close at 2,479.03, as BF&M Ltd. fell $1.75 (8.0 per cent) to close at $20 on a volume of 3,650 on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited closed down 68 cents (1.83 ...
DATE: Mar 23, 2022
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CATEGORY:
Bermuda Stock Exchange
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Apex Group Ltd, the Bermudian-based global financial services provider, has been appointed by Israeli-headquartered OurCrowd, a global venture capital investment platform, to provide fund services.
Formed in 2013, OurCrowd is the country’s most activ...
DATE: Mar 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The allegation by a US Congressman that “several million dollars has been routed through non-profit organisations in Bermuda” in a Russian disinformation scheme to promote the anti-fracking lobby in the US (Tuesday March 22, 2022) has led to a backla...
DATE: Mar 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
When Malika Serrar first moved to Bermuda from Canada, she was shocked by the price of a haircut.
“I went to one place and they charged me $200 for a wash, cut and blow dry,” she said. “I was really surprised you could not get an affordable haircut i...
DATE: Mar 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
LOM Financial Limited’s net profit for the year doubled to $9,510,119 as it enjoyed favourable returns on securities that the company owned.
In a letter to shareholders, chairman and CEO Scott Lines said that the full-year 2021 profits were an increa...
DATE: Mar 23, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Bermudian-headquartered Nephila Holdings Ltd has sold its interest in award-winning international MGA platform Volante Global to fintech company Acrisure.
Nephila, a subsidiary of Markel Corporation, was the majority investor in Volante before its ac...
DATE: Mar 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Economic investment opportunities created by the Bermuda Business Development Agency in 2021 included 13 economic investment certificate applications approved for a total investment of $236 million, the organisation reported today.
That was among the...
DATE: Mar 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Atlanta-based insurtech start-up Layr has raised $10 million in a Series A funding round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd, doing its re/insurance business as HSCM Bermuda.
The new venture uses ...
DATE: Mar 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff