2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
A firm which moved to Bermuda five years ago has gone into provisional liquidation owing more than $120 million.
Richina Pacific Ltd (RPL), the parent of failed New Zealand construction firm Mainzeal Property & Construction, delisted from the New Zea...
DATE: Dec 05, 2013
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A new PR firm has signed up two big name clients.
Insurance firm Colonial and real estate company Rego Sotheby’s International Realty have both taken on Deep Blue Communications as their PR consultants.
Deep Blue owner Jeremy Deacon, a former Assista...
DATE: Dec 05, 2013
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has become the top home for insurance-linked securities following a major conference for international investors.
The Island has notched up $8.5 billion worth of insurance-linked securities (ILS) business listed on the Bermuda Stock Exchange ...
DATE: Dec 05, 2013
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Rules on shop opening hours have been ditched in the run-up to Christmas, the Bermuda Chamber of Commerce said today.
Now all stores — of whatever size — will be able to open between 9am and 9pm on Sundays between now and Christmas — and the City of ...
DATE: Dec 05, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda reinsurance firm has set up a new arm with backing of $65 million.
Aspen Re has created Silverton Re, run by Aspen Capital Markets, to tap into new sources of finance.
Brian Tobben, managing director of Aspen Capital Markets, said: “This is...
DATE: Dec 04, 2013
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A $50 million Government bond issue is aimed at small Bermuda investors, Finance Minister Bob Richards told a meeting last night.
Mr Richards said the $10,000 minimum investment in the issue was geared to personal purchases — not institutional buyers...
DATE: Dec 04, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Hamilton massage centre has just introduced a new “Revitalise” service.
And Sabai Thai Body Balancing and Massage Centre has introduced a series of special offers to cut the cost of feeling good.
The Front Street centre’s new Revitalise massage is ...
DATE: Dec 04, 2013
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The use of generic drugs could cut the cost of healthcare in Bermuda, an insurance company said.
Naz Farrow, chief operating officer for health with the Colonial insurance group, said: “Overall, the generics are less expensive than the brand.
“In ord...
DATE: Dec 04, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance and reinsurance firm Catlin has sponsored a group of wounded ex-services personnel on a trek to the South Pole, the firm announced yesterday.
Catlin has donated insurance for teams from the UK, the US, Canada and Australia for...
DATE: Dec 04, 2013
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A reinsurance firm has axed or transferred a total of seven jobs after a decision to close its underwriting office in Bermuda.
It is thought five jobs have gone, with two staff being offered positions elsewhere in the Hardy Group’s international netw...
DATE: Dec 03, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
