2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
The first-ever China catastrophe bond has been set up in Bermuda.
The $50 million Panda Re bond, listed on the Bermuda Stock Exchange (BSX), will be used by sponsor China Re to cover earthquake losses across the mainland People’s Republic of China.
B...
DATE: Jul 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Tech firm Fireminds has won a country partner of the year award from industry giants Microsoft.
The company was chosen by Microsoft after showing excellence in innovation and customer service based on Microsoft technology.
Phil Sorgen, corporate vice...
DATE: Jul 03, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A family-owned Bermuda insurance firm has notched up an incredible 200 years in business.
CNA Butterfield was founded in 1815 — the year the Duke of Wellington defeated Napoleon at the Battle of Waterloo — and is still going strong.
Nathaniel Butterf...
DATE: Jul 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The use of phones and tablets to make business payments is on the increase in Bermuda, according to the Island’s largest bank.
HSBC said its HSBCnet mobile, introduced to the Island last year, was becoming popular with corporate treasurers and chief ...
DATE: Jul 03, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda bank has backed the arts by awarding scholarships to a trio of students involved in the creative arts.
Studio art student Nalani Dowling, videography and photography student Kyle Simmons and singer Kioshi Burgess will get support from Clar...
DATE: Jul 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Front Street mainstay of the tourist trade is celebrating its 20th anniversary.
Onion Jack’s Trading Post has notched up the milestone and is still going strong — despite a long-term downturn in tourist numbers.
And owner Richard Lines, who inherit...
DATE: Jul 02, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bakery firm Glaze is set to turn up the heat in Devonshire — with a drive-through option and longer hours.
For the firm — which opened its first store in Hamilton less than a year ago — has applied for planning permission to turn the former Howard’s ...
DATE: Jul 01, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Designer Rene Hill has stitched up a major cut of the market in clothes alterations.
Now she’s had to take a studio space in Hamilton and leave her job as in-house tailor at a Hamilton clothes store last month to cope with demand.
She has also had to...
DATE: Jul 01, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The chairman of Bermuda professional services firm EY stepped down yesterday after nearly 40 years with the company.
The firm said Gil Tucker, made chairman last year after seven years as managing partner, had decided to retire.
Now EY has announced ...
DATE: Jul 01, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance firm Ace has agreed to buy out a major US-based insurer in a $28.3 billion deal.
The move means Ace, which has an office in Bermuda, will have a 70 per cent stake in New Jersey-based Chubb after the deal closes.
The new firm will use the Ch...
DATE: Jul 01, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
