2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Insurer BF&M today announced $17.5 million in shareholders’ net income for the first six months of the year.
The figure is up more than $7 million on the same period last year and represents an annualised return on shareholders’ equity of 14.5 perce...
DATE: Sep 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
One of Bermuda’s oldest guest houses is to close, the owners have revealed.
And Salt Kettle Guest House in Paget, run by Hazel Lowe and her family for nearly 45 years, is to become homes rather than a holiday spot.
A spokesman for the Lowe family sai...
DATE: Sep 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda companies accounted for $7.86 billion worth of deals in the second quarter of this year amid rising global merger and acquisition (M&A) activity, it was revealed yesterday.
The total of 88 transactions on the Island averaged out at $89 millio...
DATE: Sep 12, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
An Island sports club aims set to put up two cabanas on its beachfront — with one to be used a summer clubhouse and the other for short-term rentals to raise income.
The move is part of ambitious plans by Watford Sports Club in Sandys to revamp the b...
DATE: Sep 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm Digicel has launched a new data doctor service to help iron out glitches in smartphones.
And customer care director and data specialist Jakai Franks will be appearing on TV and radio to help people get the most out of their mobiles.
Mr ...
DATE: Sep 11, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Caymans subsidiary of Bermuda telecoms firm KeyTech has made at least a dozen people redundant from a recently-bought cable company.
KeyTech’s Logic took over rival cable firm WestStar only last week, selling off BTC in Bermuda to a group of inve...
DATE: Sep 11, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A top Brazilian lawyer has been appointed as a director of Clarien Bank.
Ronaldo Veirano, a founding partner of one of Brazil’s leading law firms, is an expert in regulatory law and international trade.
He has been decorated by the Brazilian governme...
DATE: Sep 11, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A former executive at Bermuda-based Argo International Holdings has been signed up to help Hamilton Insurance Group break into the US market.
Barbara Bufkin is to become executive vice-president in charge of business development for Hamilton USA, rep...
DATE: Sep 11, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
One of Bermuda’s newest players on the reinsurance scene is to expand into the US by the end of the year.
Hamilton Insurance Group — run by industry veteran Brian Duperreault and set up only last year — announced the appointment of Eduard Pulkstenis ...
DATE: Sep 10, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The takeover of phone company BTC is the start of a new era — and is set to provide a boost in job numbers as the firm expands into new markets.
That was the message from new executive chairman Roy Graydon — who is part of the Barrie Holdings group o...
DATE: Sep 10, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
