75770 results returned for search: "" category "Business"
The RG/BSX Index closed unchanged at 2,669.99 with no activity on the main board of the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited closed three cents (0.08 per cent) down at $37.31 on the New York Stock Exchange.
DATE: Feb 03, 2022
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CATEGORY:
Bermuda Stock Exchange
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An American cryptoasset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority has been granted Lloyd’s of London coverholder status.
Chicago-headquartered Evertas said this coveted designation would permit it to significa...
DATE: Feb 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Apex Group Ltd, the Bermudian-based global financial services provider, has appointed Keith Mahon as managing director, Bermuda.
The company said Mr Mahon would be responsible for leading the business and to continue the development and growth of Ape...
DATE: Feb 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A global provider of connectivity and internet services has announced its intention to move its group parent company to the United Kingdom, replacing a company incorporated in Bermuda.
Veon Ltd, which is listed on the Nasdaq and Euronext Amsterdam ex...
DATE: Feb 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The parent company of a Bermudian-based investment business has acquired a bank in the Cayman Islands.
Jamaica-headquartered Proven Investments Limited, through its newly formed subsidiary Proven Bank Holdings Limited, has completed its acquisition o...
DATE: Feb 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
A Supreme Court judge has denied a bid by HSBC Bank Bermuda Limited to take possession of a mortgaged commercial property and sell it to satisfy the mortgage debt.
Puisne Judge Larry Mussenden refused the bank’s application for summary judgment and r...
DATE: Feb 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Swiss-domiciled Chubb Limited, which has operations in 54 countries and territories including deep roots in Bermuda, has reported record net income of $8.54 billion and record core operating income of $5.57 billion for fiscal year 2021.
The company a...
DATE: Feb 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Duncan Hall
QBE Re has expanded its Bermuda team with the appointment of Melanie Lopes as assistant vice-president, lead treaty underwriter.
Ms Lopes joins from Bermudian-headquartered re/insurer SiriusPoint, where she was most recently assistant vice-president,...
DATE: Feb 03, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The RG/BSX Index rose 4.77 points (0.18 per cent) to close at 2,669.99 after one issue traded on the main domestic board of the Bermuda Stock Exchange.
Argus Group Holdings Ltd. finished 20 cents (3.3 per cent) higher at $6.20 after 4,000 shares cha...
DATE: Feb 02, 2022
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Monetary Authority has cancelled the insurance registration of Signify Insurance Ltd, a Class 1 insurer, for breaches of the Insurance Act 1978.
The BMA said that exercising its powers to cancel the registration of the company under the I...
DATE: Feb 02, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff