2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Bermuda-based International General Insurance (IGI) has been upgraded by a ratings agency from BBB+ to A-.
Standard & Poor’s also gave the firm a stable outlook.
Chief executive officer Wasef Jabsheh said: “This rating is a reflection on our strong r...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Caymans business leader yesterday outlined the island chain’s recipe for success.
Anthony Travers, chairman of the Cayman Islands Stock Exchange and senior partner in law firm Travers Thorp Alberga, said the Caribbean chain had learned from past mi...
DATE: Apr 01, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition.
The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A series of roadshows for budding retailers is set to kick of tomorrow.
The Bermuda Economic Development Corporation (BEDC) will hold three seminars across the Island aimed at assisting existing small vendors and those who want to break into the busi...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A green energy firm has teamed up with a cleaning company to boost business for both.
Now Power Savers, headed by businessman Mohamed Hamza, will work with Atlantic Cleaning Services, run by brothers Ellison and Allen Ferreira, to make sure businesse...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Cayman Islands are pulling themselves out of recession on the back of increased immigration.
And yesterday economist and consultant Peter Everson said Bermuda could take a leaf out of the Cayman book and do more to cut the country’s debt and boos...
DATE: Mar 31, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield today rose one cent to $1.98 after 21,500 shares traded on the Bermuda Stock Exchange.
The bank ended the day 0.5 per cent up on the previous day’s trading.
Telecoms firm KeyTech saw 17 shares move, leaving its price unchanged...
DATE: Mar 31, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Veteran insurance chief Richard Brindle is set to return to the business as part of a new $2 billion insurance venture on the Island.
Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will become head of Fidelis Insurance Holdings — a hy...
DATE: Mar 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermudian Paul Telford has been appointed managing director at the luxury Rosewood Tucker’s Point resort.
Mr Telford moves up from his present post as resort manager, a job he had held for two years, with a total of seven years at the St George’s Par...
DATE: Mar 27, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Saltus Grammar School team is close to a podium spot in the KPMG Investment Challenge.
But the Bermuda Bankrupters’ fourth place is still outperforming the two other Saltus teams, who are propping up the table in 19th and 20th places.
Saltus accoun...
DATE: Mar 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
