75777 results returned for search: "" category "Business"
Argo Group International Holdings, has reported a fourth quarter net loss attributable to common shareholders of $118.8 million, compared with a net loss attributable to common shareholders of $3.5 million for the 2020 fourth quarter.
For the 2021 y...
DATE: Feb 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
BMS, the independent insurance and reinsurance broker with an office in Bermuda, has promoted Neil Prior to the newly created role of group head of environmental and social responsibility, effective immediately.
Mr Prior reports directly to Nick Cook...
DATE: Feb 23, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Seadrill Limited, the offshore drilling company based in Bermuda, has announced that it anticipates soon emerging from chapter 11 bankruptcy, possibly as early as this week.
Seadrill's chapter 11 plan of reorganisation was confirmed by the US Bankrup...
DATE: Feb 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Valaris Limited has reported an operating loss of $24.7 million in the fourth quarter of 2021.
The Bermudian-based offshore drilling company said the results compared with operating income of $3.1 million in the third quarter of the year.
Valaris sai...
DATE: Feb 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Avance Gas Holding Ltd has reported a net profit of $32.1 million in fiscal year 2021.
That figure compares to a net profit of $70.9 million in 2020.
The company, which is engaged in the transportation of liquefied petroleum gas, had ...
DATE: Feb 23, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The RG/BSX Index fell 13.13 (0.49 per cent) to 2,674.67 for the day, dragged down by Bank of N.T. Butterfield Ltd trading down 25 cents (0.6 per cent) and closing at $40 after 4,332 shares changed hands.
The other issue trading for the day was Bermud...
DATE: Feb 22, 2022
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CATEGORY:
Bermuda Stock Exchange
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One of Bermuda’s best known advertising and publicity agencies has rebranded as 2.0
DATE: Feb 22, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Bermuda College will receive a $75,000 boost over three years thanks to a donation from an insurance company.
BF&M Limited will give annual donations of $25,000 to the Bermuda College Foundation, a group tasked with funding the college, after the...
DATE: Feb 22, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Sékou Hendrickson
Ariel Re, the Bermudian-based reinsurer, has partnered with charity advocate Fiona Dill to donate more than $16,000 to Bermudian families through the company’s employee giving campaign.
Ariel Re said it matched the amount of money raised by its emplo...
DATE: Feb 22, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Mark Adams has been appointed senior associate on the corporate & finance team of law firm MJM Limited.
After qualifying in England and Wales in 2002, Adams acquired extensive international experience including corporate finance, M&A, advisory, restr...
DATE: Feb 22, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff