1648 results returned for search: "" category "Business" author Scott Neil
The Island’s most extensive dry cleaning business is up for sale for $2.5 million.
It has a $2 million-a-year turnover with net income of around $450,000, according to Bermudian owner Steve Thomson.
With an estimated 90 to 95 per cent share of the Is...
DATE: Feb 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Expect to do a double-take next time you see businessman and entrepreneur Mike Swan out and about.
Because in the past few weeks he has been spotted riding a single-wheel personal transportation device.
The Veelr MX1 looks like a unicycle but has nei...
DATE: Feb 25, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A former member of the White House staff is to join the RenaissanceRe Holdings board of directors.
William “Bill” Hagerty IV, was a member of the White House staff between 1991 and 1993, and held the position of chief economist for the President’s Co...
DATE: Feb 24, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The early signs of the beneficial impact of the America’s Cup on Bermuda are being felt.
Island Trading, on Reid Street, has seen an increase in the number of hotels, guest houses and beach clubs seeking to upgrade their outdoor furniture ahead of th...
DATE: Feb 20, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda residents are being urged to consider how they will fund their retirement as new data shows increasing strain on people’s retirement finances around the world.
The long-term impact of the global economic downturn that hit in 2008 caused milli...
DATE: Feb 19, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
For more than 50 years a small carpentry workshop on North Shore Road, in Pembroke, has been producing crafted furniture, household items and trinkets.
It has weathered many economic downturns, but in recent years the toll on the business caused by t...
DATE: Feb 19, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Global reinsurance capital has now reached a record $575 billion, which includes more than $60 billion of deployed alternative capital, according to the latest reinsurance market report from Aon Benfield.
The reinsurance intermediary and capital advi...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda-based Catco Reinsurance Opportunities Fund Ltd earned a net return of 14 per cent for its shareholders in 2014.
That performance was lower than the 21.9 per cent achieved in 2013, a drop which the fund said partly reflects increasing capacity...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
It was the standout figure in the latest retail sales index report — purchases of new motor vehicles were up 59.2 per cent year-on-year.
And while official figures for January have yet to be released, the month has outstripped each of the previous 13...
DATE: Feb 17, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A measured approach to risk has so far paid off for the Saltus Grammar School senior team in the KPMG Investment Challenge.
At the halfway point in the six-month competition the team, known as the Bermuda Bankrupters, are in second place out of 20 ha...
DATE: Feb 16, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
