2353 results returned for search: "" category "Other" author Jonathan Kent
Hundreds of Butterfield Bank shareholders yesterday heard an apology from chairman Robert Mulderig for the failures at the bank that led to a more than 90 percent decline in share price over the past two-and-a-half years.
That was not enough for seve...
DATE: Apr 09, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank shareholders will today get the opportunity to voice their opinions directly to management in what is likely to be a stormy annual general meeting.
The meeting comes after a turbulent period for the bank, during which the bank's shar...
DATE: Apr 08, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Asset management company WP Stewart & Co. Ltd. has announced plans to move its Bermuda operations and headquarters to New York, with the loss of five local jobs.
The company, which managed about $1.5 billion in assets as of the end of 2009, also reve...
DATE: Apr 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The two major players in Bermuda's security market have joined forces to create a new company called Security Associates Ltd.
The amalgamation involves the security officers division of the Bermuda Security Group (BSG) and Safeguard International Sec...
DATE: Apr 06, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
The first three months of 2010 will likely turn out to be the most expensive first quarter in history for natural disaster reinsurance claims, according to global reinsurance broker Willis Re.
In a report entitled "Calm Amid Calamity", released last ...
DATE: Apr 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's economy dropped off dramatically in the fourth quarter of last year, according to statistics released by the Government yesterday.
The numbers in the Quarterly Bulletin of Statistics paint a picture of a slumping local economy being propped...
DATE: Apr 01, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The construction industry has gone from boom to bust, figures released this week by the Government show.
The Quarterly Bulletin of Statistics highlights an alarming shrinkage in the industry which employed more that 3,600 people — or nine percent of ...
DATE: Apr 01, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's economic woes deepened in the last three months of 2009, new figures released by Government show.
The Quarterly Bulletin of Statistics suggests that the slumping local economy is becoming increasingly reliant on international business and t...
DATE: Apr 01, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A new captive management company has been born out of the reorganisation of General Motors' Bermuda-based captive insurance company.
General International Ltd. (GIL) will no longer be managed by its own staff. Instead it will be run by Granite Manage...
DATE: Mar 31, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Flagstone Reinsurance Holdings has invested $12 million into the LeapFrog "micro-insurance" fund which aims to provide insurance to some of the world's poorest people.
LeapFrog, whose aim is to provide quality insurance to 25...
DATE: Mar 30, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
