2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Reinsurance firm PartnerRe reported a drop in net income from $1.1 billion to $664 million, but increased operating income.
Figures for 2013 showed that operating earnings hit $721.7 million compared to nearly $664 million the year before.
And net pr...
DATE: Feb 05, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Lower than expected catastrophe losses helped boost share value for Bermuda-based Platinum last year, the firm reported yesterday.
The firm had a net income of $223.3 million and diluted earnings per common share of $7.35 for 2013.
Platinum CEO Micha...
DATE: Feb 05, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based financial services firm spent almost $578,000 buying back its own shares in January.
Somers Ltd, formerly known as Bermuda National Ltd and which owns the Bermuda Commercial Bank, forked out the cash to acquire 48,000 of its shares at...
DATE: Feb 04, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based asset manager says his investment company will “vigorously defend itself” after being accused in a complaint by US regulators that it made more than $1.3 million in allegedly illegal short-selling share trading.
Christopher Kuchanny a...
DATE: Feb 04, 2014
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance and reinsurance giant Validus Holdings has posted record figures for 2013, the company has revealed.
Validus announced a net operating income of nearly $579 million — a massive 73.3 percent increase on 2012’s $333.8 million.
A...
DATE: Feb 03, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda hotel has been named at the top destination in the Caribbean.
The Royal Palms Hotel in Pembroke won the coveted title from the world’s biggest travel site, TripAdvisor, in the 2014 Travellers’ Choice Awards.
Hotel manager Theresa Harney-Zui...
DATE: Feb 03, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Veteran lawyer David Kessaram has stepped down from the top job at legal firm Cox, Hallett, Wilkinson (CHW).
Now Ernest Morrison has taken over the role of managing director at the firm, with Mr Kessaram continuing to head up the firm’s litigation de...
DATE: Feb 03, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The contents of one of Bermuda’s most historic houses have been put up for sale.
And a rare Bermuda cedar chest and furniture, as well as 18th century silverware, are among the items for sale from the Devondale estate in Devonshire.
The sale — organi...
DATE: Jan 31, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based international law firm has scooped a hat trick of awards for legal excellence.
The firm won Caribbean law firm of the year and trust company and law firm of the year for the Isle of Man in a prestigious competition in London.
The awar...
DATE: Jan 31, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Lawyer Kim Wilson is hitting the road as a real-life Lincoln Lawyer.
Ms Wilson — in an echo of the hit 2011 thriller starring Matthew McConaughey, who runs his legal practice out of the back of his Lincoln Town Car, has moved her practice out of her ...
DATE: Jan 31, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
