75005 results returned for search: "" category "Business"
Bermuda-based Athene Holdings Limited has reported third quarter net income available to common shareholders of $698 million, compared with $622 million for the same period last year.
Athene said the increase from the prior year quarter was driven by...
DATE: Nov 04, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Compre, the international specialist legacy group, has appointed Brid Reynolds as group chief risk officer.
Ms Reynolds joins Compre immediately and, subject to regulatory approvals, she will assume the role in Bermuda.
Compre said Ms Reynolds joins ...
DATE: Nov 04, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based drinks giant Bacardi Limited has announced that this holiday season, its range of gift packs will contain 50 per cent less plastic than last year.
The largest privately held spirits company in the world said it is removing 147 tons of s...
DATE: Nov 04, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Argo Group International Holdings Ltd has reported third quarter 2021 net income attributable to common shareholders of $19.8 million.
That compares to a net loss attributable to common shareholders of $25.1 million for the 2020 third q...
DATE: Nov 04, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermuda-based global financial services provider, the Apex Group Ltd, will provide fund administration and accounting services to Nassau-headquartered Marlin Capital Partners.
Marlin is licensed and regulated by the Securities Commission of The Baha...
DATE: Nov 04, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index plunged 107.28 points (3.96 per cent) to close at 2,598.80 after 4,905 Bank of Butterfield shares traded, with a turnover of $181,485. The issue finished $2 lower (5.1 per cent) at $37.
Meanwhile, on the New York Stock Exchange, Butt...
DATE: Nov 03, 2021
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based North End Re Ltd has been assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) by AM Best.
The outlook assigned to these credit ratings is stable.
AM Best said the ratings refle...
DATE: Nov 03, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Carb lovers stormed a new French bakery in Hamilton on Monday, gobbling down all the fresh baked goods on offer.
“We sold out the first day,“ said Thomas Bekhazi, owner of l’Artisan Boulangerie on the ground floor of Point House on Front Street.
“...
DATE: Nov 03, 2021
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CATEGORY:
Local Business
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AUTHOR:
Jessie Moniz Hardy
Butterfield has promoted Shawnette Griffin to the new role of senior vice-president, head of retail banking and operations, Bermuda.
The bank said Ms Griffin has worked with Butterfield for more than 30 years.
She started her career as a trust admini...
DATE: Nov 03, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Ardonagh Group has completed its $500 million acquisition of the insurance operations of BGC Partners Inc.
Ed Broking, which has an office in Bermuda, Besso Insurance, and Piiq Risk Partners will join Bishopsgate, Compass London Markets, Inver Re...
DATE: Nov 03, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff