2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Financial services holding company Somers Ltd was the biggest loser today on the Bermuda Stock Exchange.
The firm’s shares plunged $4 — a 28.6 per cent fall — to $10 as 2,300 shares traded.
Insurance firm Argus also fell, down 19 cents (4.8 per cent)...
DATE: Jul 20, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Italian investment giant Exor today upped the stakes in a poker game for control of Bermuda reinsurer PartnerRe.
Exor has added a $3 per share dividend sweetener to its $137.50 a share bid for control of the firm.
The move brings the value of Exor’s ...
DATE: Jul 20, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A cyber security expert from professional services firm KPMG yesterday warned Island businesses had to prepare for the worst.
Chris Eaton, senior manager and Bermuda group cyber security leader at the firm, said global surveys had shown that the fina...
DATE: Jul 17, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance and reinsurance firms should deploy their capital not only to boost income but to add knowledge to their businesses.
And top lawyers from a specialist US law firm last night outlined to business executives the benefits of corporate venture ...
DATE: Jul 17, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
World leaders in the reinsurance business are set to descend on Bermuda for a major conference in November.
ILS Bermuda Convergence 2015 is expected to attract more than 300 delegates from around the globe.
Greg Wojciechowski, chief executive officer...
DATE: Jul 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A husband-and-wife team are among the first graduates of a seven-month Bermuda College course aimed at boosting business skills.
Jahnika and Herbie Alves, who run Clear Choice, a doors, windows and glazing firm, were two of 18 graduates of the Street...
DATE: Jul 16, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Axis and PartnerRe have boosted the special dividend for PartnerRe’s common shareholders to $17.50 if they back a merger deal.
And the two firms also pledged to match an offer to preferred shareholders by Italian investment firm Exor, who have launch...
DATE: Jul 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Pembroke store is to wind its down its operation in the run-up to Cup Match — after nearly 100 years in business.
Jones Dry Goods Store, which has been in the same family for three generations, will close its premises on The Glebe Road in North Vil...
DATE: Jul 15, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based Chinese insurance company is to launch a new healthcare insurance product.
TOP Reinsurance Ltd will help structure the deal for the Chinese market and a new reinsurance vehicle will be established on the Island by Guangdong Wing Yue I...
DATE: Jul 15, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Business Development Agency (BDA) has taken on two summer interns.
Zharia Rollins and Jazmine Outerbridge will spend ten weeks with the agency, working in a variety of areas, including business development, marketing, accounting and event...
DATE: Jul 14, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
