75005 results returned for search: "" category "Business"
Tracking the changing frequency and severity of natural disasters will help to guide recovery efforts through a new, online Disaster Recovery Hub comprising more than 100 big disaster case studies.
The hub has been launched by the Cambridge Centre f...
DATE: Nov 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
CrossTower, the exchange operator licensed by the Bermuda Monetary Authority, has reported record trading volumes in October of $587 million.
The company, which has offices in Bermuda, the United States and India, added that it has posted more than $...
DATE: Nov 17, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The island’s suitability as the world’s climate risk finance capital has been promoted by the Bermuda Business Development Agency at a key conference on climate change.
Representatives of the BDA were among Bermuda’s delegation to the 26th United Nat...
DATE: Nov 17, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Markel Corporation is to wind down Bermuda-based Lodgepine Capital Management Limited, the company’s retrocessional insurance-linked securities fund manager.
The company said that it has entered into a consultation period with Lodgepine's 18 employee...
DATE: Nov 17, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $33 million for the third quarter.
The company reported earnings per share of 62 cents.
Those figures compare with net income of $12.7 million and earn...
DATE: Nov 17, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index closed unchanged at 2,725.40 on the Bermuda Stock Exchange during another quiet day in the absence of domestic company trades.
On the New York Stock Exchange, the Bank of Butterfield fell 48 cents (1.21 per cent) to close at $39.17.
...
DATE: Nov 16, 2021
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CATEGORY:
Bermuda Stock Exchange
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One Communications, Bermuda’s Tier 1 business solutions provider, is expanding its business solutions on offer.
The company said that it is now providing clients with a full range of end-to-end IT solutions, including networking and connectivity, IT ...
DATE: Nov 16, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The impact of the Covid-19 pandemic disrupted the business of the Stationery Store, just as it did for many other legacy operations on the island.
Adapting to the rollercoaster of lockdowns, reopenings and restrictions, the shop responded by first in...
DATE: Nov 16, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Eight Bermudians have joined the Hamilton office of Markel Corporation.
Joining the re/insurance company are Nikara Fraser, director, casualty; Jordan Outerbridge, underwriting support specialist; Jaime Peixoto, director, professional liability; Domi...
DATE: Nov 16, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A crypto-finance company operating in Bermuda has donated 100 meals to frontline healthcare workers.
The meals were delivered to staff at King Edward VII Memorial Hospital’s intensive care unit through the Meal Train programme, which asks contributo...
DATE: Nov 16, 2021
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CATEGORY:
International Business
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AUTHOR:
Gareth Finighan