1723 results returned for search: "" category "Business" author David Fox, Business Editor
Business in the town of St. George is facing a punishing bottom line for the second year in a row, amid growing concern for the old town’s future.
While Hamilton appears to be on the upswing, the east end could suffer another winter of discontent. Ev...
DATE: Jul 23, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
David Fox, Business Editor
A plan to breathe life into the Town of St. George with a street party and live Bermuda entertainment faces an uncertain future in the absence of more tourists and more taxis.
Wahoo restaurant co-owner Geza Wolf said the evening entertainment was des...
DATE: Jul 23, 2021
|
CATEGORY:
Hospitality
|
AUTHOR:
David Fox, Business Editor
There was evidence of a Bermuda economy still in flux from the economic recession this week, as confirmation came that the Bermuda money supply this Cup Match holiday was at a seven-year low.
The news came during Bermuda tourism’s high season, and at...
DATE: Jul 31, 2014
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
The Bank of NT Butterfield & Son Ltd has declared net income for the second quarter ended 30 June of $27.5 million, down from $32.9 million in the same quarter a year ago.
The six-month net income was $50.7 million, up from $46.2 million for last ye...
DATE: Jul 30, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
David Fox, Business Editor
RenaissanceRe Holdings Ltd continued strong underwriting profitability during the second quarter of 2014 — but with a notable drop in gross premiums written and underwriting income.
The Bermuda reinsurer last night reported underwriting income of $99...
DATE: Jul 30, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
White Mountains Insurance Group, Ltd yesterday reported net income attributable to common shareholders of $96 million for the second quarter and $191 million for the first half of the year.
The results compared favourably to $26 million and $147 mill...
DATE: Jul 30, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
Today’s economy is causing people to step out of their comfort zone and try something completely different.
Kim Wilson, a popular bar tender, has traded polishing drinks glasses, for polishing cars. Her new business, Bermuda DryWash, came about in a ...
DATE: Jul 29, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
David Fox, Business Editor
XL Group plc yesterday announced a second-quarter net loss attributable to ordinary shareholders of $279.3 million compared to net income of $272.7 million in the prior year quarter, primarily due to a $621.3 million after-tax loss on the sale of the...
DATE: Jul 29, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
Bermuda reinsurer Montpelier Re Holdings Ltd yesterday posted second-quarter earnings figures highlighted by strong underwriting profitability.
A leading provider of short-tail reinsurance and other speciality lines, Montpelier’s results included a 7...
DATE: Jul 29, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
Allied World Assurance Company Holdings yesterday reported net income of $151.9 million for the second quarter of 2014 compared to a net loss of $1.9 million for the second quarter of 2013. Operating income was $76.1 million, down from $103.5 million...
DATE: Jul 24, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
David Fox, Business Editor
