75767 results returned for search: "" category "Business"
Business owner Alfonso Harris has doubled down on the olde towne.
Mr Harris, the long-time proprietor of Churchill’s wine and spirits store in the Town of St George, has added a second shop, Winston’s Wines, to his portfolio.
The 59-year-old said: “I...
DATE: Dec 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
Duncan Hall
Global banking giant Credit Suisse supplied complex and extensive accounts statements as physical copies to its own expert witness – and would not provide them in a more efficient and manipulable electronic format.
The situation facing the financial ...
DATE: Dec 13, 2021
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
The impact of Covid-19 on the Bermuda insurance market has been an “earnings” event affecting the insurers' income statements and not a capital event affecting their solvency positions, a Bermuda Monetary Authority report has said.
But the BMA also s...
DATE: Dec 13, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Rene Lamer is back in Bermuda, this time with specialty re/insurer IQUW’s new reinsurance operation.
IQUW is developing the underwriting and operational capabilities of its Bermuda platform, bringing in Mr Lamer as managing director, underwriting and...
DATE: Dec 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Surprise! Your child might buy your Christmas present with his or her very own debit card – funded by you, of course.
Debit cards for kids – from as young as three to late teenager – are still a relatively new concept, less than a decade old. The gro...
DATE: Dec 11, 2021
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CATEGORY:
Personal Finance
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AUTHOR:
Martha Harris Myron
Dear Dave,
I thought I was going to get control of my money and make a lot of other positive changes in my life this year, but very few of the things I wanted to accomplish happened. I started strong, and began with serious intentions, but somewhere ...
DATE: Dec 11, 2021
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CATEGORY:
Personal Finance
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The RG/BSX Index closed unchanged at 2,648.34 after more than 30,000 shares, valued at $443,269, traded.
The turnover included 15,205 BF&M Ltd shares changing hands and the issue finishing at $23, while 15,600 Argus Group Holdings Ltd shares traded, ...
DATE: Dec 10, 2021
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CATEGORY:
Bermuda Stock Exchange
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Ratings agency AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of the subsidiaries of Swiss-domiciled Chubb Limited, including the members of Bermudian-based Chubb Bermu...
DATE: Dec 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based re/insurer Ocil Specialty Ltd.
The outlook of these credit ratings is stable.
The rating...
DATE: Dec 10, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Carey Olsen Bermuda Limited has advised Caribbean Investment Holdings Limited with regard to the Bermuda aspects of its delisting from the AIM market of the London Stock Exchange and its simultaneous change in Bermuda Stock Exchange listing status fr...
DATE: Dec 10, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff