2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
The insurance operations head at Argo has been promoted to lead the firm’s strategy and development arm.
Nigel Mortimer is to become executive vice-president as well as continuing to run the insurance operations in Bermuda.
Argo group president and C...
DATE: Oct 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s struggling commercial property sector is showing green shoots of recovery, experts said yesterday.
Brian Madeiros, president of real estate firm Coldwell Banker Bermuda Realty, said: “Our analysis indicates that by year end we will have pla...
DATE: Oct 29, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda computer pioneer Martin Cusack, who helped bring the Island into the digital age, has died at the age of 93.
Mr Cusack, who died last month, worked for electronics firm NCR in the 1950s and was responsible for the first electronic payments sy...
DATE: Oct 29, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
An investments firm yesterday announced a new president and CEO.
Hamilton-based AFL Investments said Joel Schaefer will take over in the top job and be responsible for the overall investment business, as well as in charge of the firm’s strategic plan...
DATE: Oct 28, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s first certified ophthalmic assistant has returned to work at an Island eye clinic.
Sherelle Simons qualified for the role — which provides a variety of clinical functions to help ophthalmologists reach a diagnosis and treatment plan — after...
DATE: Oct 28, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Montpelier Re Holdings logged operating income of $40 million for the last quarter, the firm revealed yesterday.
The Hamilton-based reinsurance firm took in 86 cents per common share — a shade below analysts’ expectations of 89 cents a share.
The fir...
DATE: Oct 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The losses from Hurricane Gonzalo will be much less than feared, an insurance firm boss predicted yesterday.
John Wight president and chief executive officer of BF&M, the biggest property insurer on the Island, said damage costs were likely to total ...
DATE: Oct 27, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s current account fell by $108 million in the second quarter of the year compared to the same period in 2013, the latest Government figures have revealed.
The current account stood at $215 million in the quarter which finished at the end of J...
DATE: Oct 27, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Two insurance companies are to ditch separate deductibles after the Island was hit by a tropical storm and a hurricane in quick succession.
BF&M, the largest property insurer on the Island, and Argus both said only one deductible would apply to Tropi...
DATE: Oct 24, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has topped a world list of 20 islands for investment in real estate.
And the Island has the highest concentration of property owhership by the super-rich — those with more than $30 million outside the US.
And housebuyers are prepared to pay a...
DATE: Oct 24, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
