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The RG/BSX Index closed unchanged today at 2,557.26 in the absence of trading on the Bermuda Stock Exchange. For the week, the index is up 3.58 points (0.13 per cent) after 16,051 shares changed hands, valued at $102,661.50.
The BSX Insurance Index r...
DATE: Aug 20, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
HSBC Bermuda is moving into lock-step with its parent group’s ambitious climate strategy.
The local subsidiary has already invested three quarters of a million dollars collaborating with environmental charities in support of various local sustainabil...
DATE: Aug 19, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The RG/BSX Index closed unchanged at 2,557.26 in the absence of trading on the Bermuda Stock Exchange.
The BSX Insurance Index remained out of operation because of technical issues.
The Bank of Butterfield stock price on the New York Stock Exchange f...
DATE: Aug 19, 2021
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CATEGORY:
Local Business
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Residential trash collection is being offered by a local service for just $9 a week in a move aimed at supplementing the government’s once a week free collection.
Kenten Trott said the service is being offered in the eastern parishes – Hamilton Pari...
DATE: Aug 19, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Axis Insurance, the specialty insurance business segment of Bermuda-based Axis Capital Holdings Limited, has made three appointments within its US Excess and Surplus Property team, effective immediately.
Michael Worman and David Malcom join Axis as s...
DATE: Aug 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
The board of Bermuda-based Frontline Ltd, the oil tanker shipping company, has appointed Lars Barstad as chief executive officer of Frontline Management AS.
The appointment is effective September 1.
The company said Mr Barstad currently serves as the...
DATE: Aug 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Avance Gas Holding Ltd has reported a net profit of $1.5 million for the second quarter of 2021.
The company, which is engaged in the transportation of liquefied petroleum gas, declared a dividend of two cents per share, corresponding t...
DATE: Aug 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Valaris Ltd, the offshore drilling services company, has appointed Anton Dibowitz as interim president and chief executive officer effective September 3.
Mr Dibowitz, a current board member, succeeds Tom Burke, who is to step down from ...
DATE: Aug 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Mosaic Insurance and Virginia-based DXC Technology have today launched an innovative new insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced.
Together with DXC’s busines...
DATE: Aug 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
A subsidiary of Bermuda-based holding company Assured Guaranty Ltd has guaranteed principal and interest payments on £113 million of bonds issued by ULiving@Essex3 LLP.
Assured Guaranty UK Limited said the bond issuance will finance the construction ...
DATE: Aug 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff