75768 results returned for search: "" category "Business"
Chris Heinicke has been appointed head of casualty in Bermuda by Willis Towers Watson, the global advisory, broking and solutions company.
He will report to head of the Bermuda office Kirsten Beasley.
Mr Heinicke joins Willis Towers Watson from Aon B...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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Specialist underwriter Tom Dilley has joined Mosaic Insurance, the Bermudian-based global specialty insurer, to lead the company’s global financial institutions division.
Mr Dilley, who will be based in London, has been appointed SVP, head of financi...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
American Overseas Group Limited, the Bermudian-based insurance holding company, has reported a consolidated net loss available to common shareholders of $1.8 million for the three months ended September 30, 2021.
This compares with consolidated net i...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Monument Re’s Irish subsidiary, Monument Life Insurance DAC, has completed the acquisition of a closed-block portfolio of variable annuities from Athora Ireland plc, a wholly owned subsidiary of Athora Holding Ltd.
The portfolio has been in run-off s...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The reinsurance market is now projecting, through public reporting, that the total ultimate Covid-19 loss estimate will be about $48.2 billion, but allocated to the 2020 reporting year.
A significant amount of this total — $18.9 billion (39 per cent)...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has been awarded new bareboat charter agreements with ARO Drilling for several jackups.
ARO Drilling has signed contracts with Aramco for the same periods as the barebo...
DATE: Jan 03, 2022
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Sydney Neal ACA is encouraging young Bermudians to follow her into accounting.
She has just qualified herself, but she is already well-versed with the wide range of opportunities open to her. She has heard an earful of it from her family.
Sydney grad...
DATE: Jan 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Financial services companies were the biggest gainers on the 2021 Bermuda Stock Exchange, with one company more than doubling its share price during the course of the year and others with strong improvements during the second year of a problematic pa...
DATE: Jan 03, 2022
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
David Fox, Business Editor
The surge of interest in Bermuda as a jurisdiction for fintech business means that the island expects to see more investors and venture capitalists looking for new opportunities, particularly given Bermuda’s regulatory certainty and transparency.
Thi...
DATE: Jan 03, 2022
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The RG/BSX index closed unchanged for the day at 2,595.09 after 3,400 shares of BF&M changed hands, with the stock closing at $23.
All week trading on the Bermuda Stock Exchange consisted of 4,400 BF&M shares changing hands and 1,000 Bank of Butterfi...
DATE: Dec 31, 2021
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CATEGORY:
Bermuda Stock Exchange
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