2353 results returned for search: "" category "Other" author Jonathan Kent
Butterfield Bank yesterday reported record quarterly net income of $35.9 million and announced a three-for-one share split to take place next month.
Profits were up 6.1 percent for the three months from April through June compared to the same period ...
DATE: Jul 25, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Security Capital Assurance Ltd. yesterday announced that second-quarter profits had fallen 36 percent to $25.9 million. In the same three-month period, SCA's net income totalled $36.4m.
The company's performance looks better when viewed...
DATE: Jul 24, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Two insurance brokers yesterday joined forces as Jardine Lloyd Thompson (JLT) announced it had taken over Park (Bermuda) Ltd. in a deal worth up to $11.8 million.
The new combined business, which will trade on the Island as JLT Park, will have about ...
DATE: Jul 24, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Everest Re posted a 28 percent year-on-year increase in second-quarter profits last night — despite catastrophe losses totalling $70.4 million for the three-month period.
The Bermuda-based reinsurer said in its earnings statement that net income, inc...
DATE: Jul 24, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bidders will have until September 6 to submit their tenders to install a new submarine telecommunications cable linking Bermuda and the US.
In April, Government invited companies to submit expressions of interest and the tender document is available ...
DATE: Jul 13, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's current account chalked up a surplus of $186 million in the first quarter of this year — an increase of $28m on the same period last year.
The figure represents the difference between the money flowing into the Island from overseas and that...
DATE: Jul 12, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
As one of Bermuda's few exporters to Europe, Gosling's has seen its rum become less expensive for consumers to buy on the other side of the Atlantic, thanks to the plummeting dollar.
However, according to the company's managing director Charles Gosli...
DATE: Jul 12, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Economist and Opposition Senator E.T. (Bob) Richards says the highest inflation figure in 16 years may just be a "blip" — but that inflation in the construction and property sectors are the real causes for economic concern.
Government announced this ...
DATE: Jul 09, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A report on the reinsurance industry's July 1 contract renewals by global insurance broker Willis Group Holdings shows that rates are generally in steep decline.
A combination of factors, including an abundance of capital after a benign 2006 and incr...
DATE: Jul 05, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank is offering investors access to a top private equity fund by committing a fraction of the multi-million-dollar investment that would be necessary to invest directly.
Curtis Dickinson, whose promotion to the position of senior vice-pr...
DATE: Jul 04, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
