2670 results returned for search: "" category "Other" author Raymond Hainey, Assistant News Editor
The increased demand for reinsurance and the tough environment for traditional ways of providing it is to feature at a major conference on the island next week.
But delegates will hear that — while low yields, mounting capital demands and price compe...
DATE: Nov 08, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda reinsurance firm SAC Re is still on the hunt for a buyer after a US firm owned by a major investor was fined a record $1.8 billion in the US on charges of securities and wire fraud.
Steven Cohen’s Connecticut-based SAC Capital, a hedge fund, ...
DATE: Nov 08, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A major conference focusing on reinsurance is to held next week.
And Economic Development Minister Grant Gibbons is slated to give the keynote address to the eighth annual Bermuda Reinsurance Conference.
Run by accountancy firm PwC with ratings agenc...
DATE: Nov 07, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s rate of mergers and acquisitions has hit $8 billion in the third quarter of the year — up ten percent on the same period in 2012, a new report has revealed.
Offshore legal specialists Appleby, in its Offshore-i report, said the Island was i...
DATE: Nov 07, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Retail sales on the island slumped by nearly 4.5 percent in September compared to the same month last year, the latest Government figures have revealed.
But — after adjusting for inflation, measured at two percent in September — the volume of retail ...
DATE: Nov 07, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Investor confidence is on the rise, offshore legal specialists Appleby said yesterday.
A report by the firm on the third quarter of the year said 538 offshore deals worth $34.5 billion had been done and that “positive signs” of a recovery from recess...
DATE: Nov 07, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
IT firm QuoVadis data storage requirements have rocketed by 800 percent in just two years, the firm said yesterday.
The news came as QuoVadis announced it has upgraded its cloud computing systems in a bid to provide its customers with high performanc...
DATE: Nov 06, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance giants BF & M has launched a first for Bermuda — a 24/7 roadside assistance service.
Run in partnership with established Island towing firm Lowe’s, the service is designed to bring peace of mind for drivers and bikers who suffer breakdowns...
DATE: Nov 06, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda business whizz children are to get the chance to showcase their talents as part of Global Entrepreneurship Week.
And today the Bermuda Host Committee will unveil a line-up of activities aimed at spurring creativity among wannabe business lead...
DATE: Nov 06, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm CellOne has launched its own internet service.
The company is offering speeds of between 2Mbps to 25Mpbs — with one month free and no contract.
And the firm said that existing CellOne customers stood to save between $140 and $640 in the...
DATE: Nov 06, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
