1648 results returned for search: "" category "Business" author Scott Neil
Polo Resources Limited, a globally focused natural resources and mine development investment company, has been admitted to the Bermuda Stock Exchange.
The company’s primary listing is on London’s Alternative Investment Market (AIM). It has 269,622,74...
DATE: Apr 05, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
He has dealt with everything from an airport inundated with diverted transatlantic flights on 9/11 to a palm tree at an airline check-in desk.
Now it is departure time for Mike Osborn, the man who has been in charge of the terminals at LF Wade Intern...
DATE: Apr 05, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermuda National Limited, the financial services investment holding that owns Bermuda Commercial Bank, has entered into a sale and purchase agreement to acquire the holding company of JO Hambro Investment Management, from Credit Suisse.
The deal, whi...
DATE: Apr 05, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
In the short term Bermuda should not be overly concerned that ratings firm Moody’s has placed the Island’s Aa2 rating on review for possible downgrade, but if the economy does not improve then major concerns lie ahead.
That is the view of Peter Evers...
DATE: Apr 04, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Traditional reinsurers are facing challenges to their profit margins as capital flows into the market from a variety of sources, including catastrophe bonds, according to Willis Re, the reinsurance arm of Willis Group Holdings.
And many reinsurers s...
DATE: Apr 04, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Finance Minister Bob Richards has responded to news ratings firm Moody’s has placed Bermuda's Aa2 government bond rating on review for possible downgrade.
Moody's Investors Service said that the review is prompted by “the steep rise in government de...
DATE: Apr 03, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Ratings firm Moody’s has placed Bermuda’s Aa2 rating on review for possible downgrade, citing concerns at the rise in government debt and the Island’s ongoing recession.
The warning comes only days after Standard and Poor’s said it might downgrade th...
DATE: Apr 03, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
It is less than eight years since the first Buzz cafe opened. The company’s newest outlet, its 11th, is now doing business inside the Esso gas station at the Crawl in Hamilton Parish.
The gas station operation is a slightly different concept from Buz...
DATE: Apr 03, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Half a century ago Batson Swan would regularly emerge from a hole in the wall in the Walker Arcade on Front Street and stroll around the block in his overalls hoping someone would need a plumber.
Fifty years later, the family business that still carr...
DATE: Apr 02, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Important lessons for insurers and reinsurers have emerged in the wake of Hurricane Sandy, which accounted for almost half of all insured losses worldwide in 2012.
The world’s second-largest reinsurer Swiss Re has reported on issues highlighted by th...
DATE: Apr 01, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil