1727 results returned for search: "" category "Business" author Jonathan Kent
Butterfield Bank's current share price makes it ripe for takeover — and it would be a "good fit" for one of the top Canadian banks.
That is the view of Jeremy Dyck, an investment adviser with LOM Securities (Bahamas) Ltd., who follows the 150-year-ol...
DATE: Mar 02, 2010
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Jonathan Kent
Higher employment costs for companies resulting from the payroll tax increase announced in Friday's Budget are likely to result in higher prices for consumers, according to one prominent local boss.
Charles Gosling, managing director of beverage comp...
DATE: Mar 01, 2010
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Jonathan Kent
Billionaire investor Wilbur Ross has sold his entire 8.9 percent stake in Montpelier Re Holdings Ltd. back to the Bermuda reinsurer.
Montpelier announced after the close of regular New York Stock Exchange trading on Friday that it had purchased Mr. R...
DATE: Mar 01, 2010
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Jonathan Kent
Climate change is a major concern on the minds of global insurance bosses, according to Axis Capital Holdings Ltd. chairman Michael Butt.
Many big insurance companies are working closely with scientists, as they try to arm themselves with as much kno...
DATE: Feb 25, 2010
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Jonathan Kent
The World Insurance Forum (WIF) is coming back to Bermuda with a brand new format and a host of international industry leaders signed up for its discussion panels.
After the eighth conference was held in Dubai in 2008 — the first time it had been sta...
DATE: Feb 23, 2010
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Jonathan Kent
The Bermuda insurance market bounced back in spectacular fashion in 2009, with a massive swing to profit.
A group of 17 US-listed property and casualty re/insurance companies who are based on the Island or who have major operations here, achieved col...
DATE: Feb 22, 2010
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Jonathan Kent
The Island's three biggest domestic listed companies each saw millions wiped off their market value on Friday, as the Bermuda Stock Exchange Index plunged to its lowest point in nearly a decade.
Both Butterfield Bank and Argus Group Holdings plunged ...
DATE: Feb 22, 2010
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Jonathan Kent
Read our lips: No new taxes.
That is the message from Bermuda's employers to Finance Minister Paula Cox, who will announce her Budget for the 2010/11 fiscal year next Friday.
Bermuda Employers' Council president Graham Redford yesterday said in a det...
DATE: Feb 19, 2010
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Jonathan Kent
Validus Holdings Ltd. last night reported a near 17-fold increase in annual profits as the reinsurer saw benefits from last September's acquisition of IPC Holdings.
Validus said net income for 2009 was $897.4 million, or $9.24 per share, compared wit...
DATE: Feb 19, 2010
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AUTHOR:
Jonathan Kent
Platinum Underwriters Holdings Ltd. last night said its net income rose by almost 70 percent last year, despite a fall in revenue.
The Bermuda reinsurer said net earnings for the 12 months totalled $383.3 million, or a record $7.33 per share, compare...
DATE: Feb 18, 2010
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AUTHOR:
Jonathan Kent
