1648 results returned for search: "" category "Business" author Scott Neil
Things are getting brighter every day at OM Juicery — both inside and out.
An eye-catching mural now adorns the outside of the kitchen premises on Elliott Street.
The artwork was created by six students from Berkeley Institute and it has given the bu...
DATE: Aug 10, 2017
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Economies of scale have helped Bermudian-based Triton International Ltd benefit from stronger than expected demand for shipping containers.
In the second quarter its net income was $45.7 million, or 62 cents per share, compared with $34.6 million for...
DATE: Aug 10, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Maiden Holdings Ltd made a loss of $22.4 million, or $0.26 per common share, for the second quarter.
That compared to a $30.9 million profit for the same period of 2016.
Art Raschbaum, chief executive officer of the Bermudian-based company, said: “...
DATE: Aug 09, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermudian-domiciled Nordic American Tankers made a $15.9 million loss in the second quarter as charter rates for its oil-transporting ships were pressured by a growing global tanker fleet.
The company is also considering diversifying its capital stru...
DATE: Aug 09, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Argo Group International Holdings saw its net income improve to $46 million in the second quarter, compared with $30.9 million for the same period in 2016.
The Bermudian-based company also saw 22 per cent increases in gross written premiums to $687.2...
DATE: Aug 08, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A decade-old record for the value of catastrophe bonds issued in a single year has been broken.
The first six months of this year saw a greater value of cat bond issuance than during the full-year record set in 2007.
Major bond issuances, covering ea...
DATE: Aug 08, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
American International Group has reported a $1.1 billion profit for the second quarter.
Now headed by Bermudian Brian Duperreault, the company’s net income for the quarter was $1.19 per share, and was down from the $1.9 billion, or $1.68 per share, i...
DATE: Aug 02, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
What does a university mascot bulldog called Trip, shelves of rare books, and a $2 million 100-year-old telescope have to do with Bermuda?
The answer is they are all listed to be covered by a new captive insurance company based on the island.
And tha...
DATE: Jul 28, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A measure of Bermuda’s economy increased in the first quarter of this year, driven mostly by higher investment in machinery and transport equipment.
The island’s gross domestic product from January through March was $1.69 billion, up 1.6 per cent yea...
DATE: Jul 27, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermudian-based XL Group Ltd has reported a big jump in second-quarter profit to $301.6 million, or $1.14 per share, compared to $43.8 million in the same period of 2016.
The net income boost was primarily driven by lower catastrophe losses and favou...
DATE: Jul 26, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil