75008 results returned for search: "" category "Business"
The Bermuda Foundation for Insurance Studies (BFIS), now in its 25th year of existence, has just awarded a total of $357,500 in scholarship funding to 18 students focused on careers in Bermuda’s insurance sector.
This brings the total amount of fund...
DATE: Aug 12, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
There was no trading on the Bermuda Stock Exchange with the RG/BSX Index remaining at 2,547.86.
The BSX Insurance Index continued to remain offline because of technical issues.
The Bank of Butterfield finished up 21 cents (0.62 per cent) at $34.11 on...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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A group of companies that operated the BitMEX crypto exchange will pay $100 million to settle allegations that they allowed years of illegal trades and violated anti-money laundering rules, resolving one of the first big cases in an emerging US crack...
DATE: Aug 11, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
CG’s medical insurance business will be paperless, starting Monday, the company said.
The purpose is to strengthen communications and support for its medical clients, from group health members and providers to individually insured clients.
Next week,...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Registration is now open for Entrepreneurship 101, an entrepreneurship education course hosted by the Bermuda Economic Development Corporation.
The BEDC said the course provides new and aspiring entrepreneurs with the knowledge, tools and resources n...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, has partnered with Bermuda-based Nephila Capital to launch a new automated placement solution.
The company announced the “first-of-its-kin...
DATE: Aug 11, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a Letter of Award for the premium jack-up drilling rig "Gunnlod" from an undisclosed operator in Malaysia.
The company said the programme is expected to commence in the f...
DATE: Aug 11, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Increasing pressures on the global supply chain are expected to bring added burdens for retailers, drive up prices, reduce availability and impact Bermuda buyers through Christmas, experts are warning.
Supply chain issues have been in train for 18 mo...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda-based Maiden Holdings Ltd has reported second quarter net income available to common shareholders of $26.8 million, or 31 cents per diluted common share, compared to net income of $9.2 million, or 11 cents per diluted common share, in the sec...
DATE: Aug 11, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Bermudian students Kathryn Mason and Owenea Roberts have been awarded scholarships to assist with their studies towards careers in accounting.
Ms Mason has been awarded the KPMG Scholarship, valued at $20,000 per annum, and Ms Roberts is the recipien...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
Business Staff