2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
A massive surge in third-party capital into the reinsurance market could hurt the industry’s bottom line over the next two years, experts warned yesterday.
A report on the state of the market by professional services firm Deloitte said as much as $10...
DATE: Apr 25, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda is on the road to economic recovery — despite the loss of more than 1,100 jobs, according to the latest Government figures.
Bermuda College economics lecturer Craig Simmons said that there was evidence that Bermuda was becoming better value f...
DATE: Apr 24, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The art and antiques collection of David White, former Editor of The Royal Gazette, is to go under the hammer this week.
And Andrea Casling, of auctioneers Hammers, which is handling the sale of Mr White’s estate, said: “This is a major event — it’s ...
DATE: Mar 31, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A major conference on global Islamic finance in London was “very encouraging” for Bermuda, Premier Craig Cannonier said last night.
Now Government plans to invite key players from the multibillion dollar Islamic financial work to the Island in a bid ...
DATE: Mar 29, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Tough new work permits regulations with fines of up to $25,000 for criminal breaches of immigration law will come into force at the start of next month.
Home Affairs Minister Michael Fahy said: “The new powers of the Chief Immigration Officer to levy...
DATE: Mar 28, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The UK-based developer of Washington Mall has been slammed for tax avoidance.
The multibillion dollar Peel Group — which owns 40 percent of the Hamilton shop and office complex — has come under fire for using offshore registration to cut its tax bill...
DATE: Mar 20, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A bid by Gibraltar to muscle in on the lucrative insurance-linked securities (ILS) market should “keep us on our game”.
And Greg Wojciechowski, an ILS Bermuda committee member, said: “I don’t know that it’s competition — but it should keep us on our ...
DATE: Mar 03, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda is in prime position to capitalise on China’s booming economy, a top trust fund adviser told a conference yesterday.
Joe Field, of London-based global law firm Withers, told the conference that the Island’s trust fund industry could prove att...
DATE: Feb 28, 2014
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
An 11th-hour deal has avoided legal action over the portability of phone numbers by major cellphone firm Digicel.
Digicel had asked for a four-month extension to next Monday’s deadline — and after it was refused, threatened to appeal to the Supreme C...
DATE: Feb 28, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Big business has backed a relaxation of the rule ensuring majority Bermuda ownership of local companies.
The Association of Bermuda International Companies (ABIC) said that the Budget pledges to review of the 60/40 rule, support for the Bermuda Busin...
DATE: Feb 26, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Raymond Hainey, Assistant News Editor
