1723 results returned for search: "" category "Business" author David Fox, Business Editor
Even though there is little evidence of any strong uptick in economic activity to date, Bermuda’s economy has stabilised, LOM (Holdings) Ltd CEO Scott Lines said yesterday.
And he sees policy changes to attract more international capital into the rea...
DATE: Jul 24, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The cost of healthcare in Bermuda is one of the highest in the world relative to economic output, according to the latest figures.
The National Health Accounts Report 2013 also indicates a rising tide of uninsured Bermudians.
And although Bermuda spe...
DATE: Jul 23, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Department of Energy begins this week seeking advice on establishing a new energy regulatory environment, with a promise of public consultation later this year. The new regulatory regime for energy in Bermuda is a priority for the Ministry of Edu...
DATE: Jul 22, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The Bermuda banking industry is at the infancy stage with regards to warehousing data on customer needs and behaviours, a KPMG banking survey has reported.
The survey noted that chief executive officers (CEO) of Bermuda’s banks were aware that the in...
DATE: Jul 21, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda bankers are pessimistic about maintaining historic levels of profitability and return on equity in a market of weak demand, low interest rates, increased capital costs and increased capital requirements.
But they have opted for a strong defen...
DATE: Jul 19, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Investors will soon have an opportunity to ride the star of top Bermudian insurance executive, Brian Duperreault and his latest corporate venture.
The Hamilton Insurance Group may go public as early as next year, as the company continues to swiftly b...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda’s newest nightclub has an “old school” name, and an updated version of the go-go girls from the 1970s nightclub scene.
But it may be another sign that Bermuda businesses have confidence in an impending economic recovery.
The club’s owners ar...
DATE: Jul 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Clarien remained the most heavily invested of Bermuda’s banks in loans to customers at 77 percent of assets, according to the 2014 KPMG in Bermuda Banking Survey, which is out today.
The report contains the results of KPMG’s annual survey and analysi...
DATE: Jul 17, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Future hospital rates will phase out the distinction between public or private hospital rooms and insurers may have to abandon charging a premium difference.
Hospital patients using the new acute care wing of King Edward VII Memorial Hospital will al...
DATE: Jul 16, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
An American Charity has been formed to raise funds to support King Edward VII Memorial Hospital — a fund supported by former New York Mayor Michael Bloomberg and led by a former Bermuda insurance executive, Jerry de St Paer, who worked for XL Capital...
DATE: Jul 16, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
