76236 results returned for search: "" category "Business"
Apex Group Ltd, the Bermudian-based global financial services provider, has closed the acquisition of Best Alternative Advisory Services, an Indian-based boutique and specialised financial services provider for global asset managers.
This acquisition...
DATE: Apr 20, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Ariel Re, the global re/insurer based in Bermuda, has insured the long-term performance warranty of Ecogensus LLC, a global leader in advanced technology focused on delivering sustainable waste management solutions.
Through its Lloyd’s Syndicate 1910...
DATE: Apr 20, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index rose 9.13 points (0.37 per cent) to 2,470.21 after one issue traded on the Bermuda Stock Exchange.
BF&M Ltd. closed up a dollar (5.0 per cent) at $21 when 20,200 shares changed hands, valued at $424,200.
The Bank of N.T. Butterfield ...
DATE: Apr 19, 2022
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CATEGORY:
Bermuda Stock Exchange
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Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has entered into a reinsurance agreement with Countrywide Assured plc, a subsidiary of Chesnara plc.
Manfred Maske, group CEO of Monument Re, said: “It has been a pleasure t...
DATE: Apr 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Estimates for ultimate insurance and reinsurance losses for the Russo-Ukraine war are already rising above $20 billion and could become the largest political violence loss in history.
This, from data provider PCS which is part of Verisk Analytics, pr...
DATE: Apr 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The newly-established Bermuda special purpose insurer, Hestia Re Ltd, has entered into a multiyear reinsurance arrangement with Kin Interinsurance Network, the reciprocal insurance carrier for Kin Insurance.
The parties have successfully closed a $17...
DATE: Apr 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A platform for trading interests in insurance contracts is to launch, linking investors’ portfolios to the results of a Bermudian-based reinsurer.
Extraordinary Re said its secondary trading platform will enable asset managers and asset owners to bui...
DATE: Apr 19, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
A common topic among investors is how to protect asset values and incomes while inflation is rising. The major asset classes: stocks, bonds and cash, do not immediately appear to offer a direct hedge against the impact of rising prices, leading some ...
DATE: Apr 19, 2022
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CATEGORY:
Economy
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AUTHOR:
Bryan Dooley
Beach Education, the new consultancy that helps Bermudian-based families to identify schooling opportunities in the United Kingdom, is to hold a UK Schools Education Fair on Thursday and Friday at the Bermuda Underwater Exploration Institute.
Twelve ...
DATE: Apr 19, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The Bermuda office of international law firm Appleby has appointed associate lawyer Justin Lafferty to its dispute resolution team.
Mr Lafferty joins Appleby from Osler, Hoskin and Harcourt, a leading national firm in Canada where he gained experienc...
DATE: Apr 19, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff