3605 results returned for search: "" author Scott Neil
Chris Estwanik chalked up his fourth victory in the Lindo’s to Lindo’s 10K Road Race, while Rose-Anna Hoey claimed the women’s title for the first time having briefly dropped into second place during the final two miles.
In blustery and relatively ch...
DATE: Mar 06, 2017
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CATEGORY:
Running-Triathlon
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AUTHOR:
Scott Neil
Eleven redundancies have been confirmed at two of the island’s insurance and reinsurance sector companies.
Six employees have lost their jobs at PartnerRe, and five positions have been cut at Enstar Group.
All those affected are either Bermudians or ...
DATE: Mar 04, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A new business conference in Bermuda that sold out more than two months in advance will get the island’s conference season under way this month.
And 2017 is shaping up to be a bumper year for conferences in Bermuda, with a number of new events on the...
DATE: Mar 03, 2017
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
The Bermuda Stock Exchange last month launched its “Own Your Share of Bermuda” campaign to raise awareness of opportunities to invest in the island’s public companies. The Royal Gazette is supporting the effort by publishing weekly features on each o...
DATE: Mar 02, 2017
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Scott Neil
Seadrill Limited has reported net income of $127 million, or 26 cents per diluted share, for the fourth-quarter.
However, that was less than half the $272 million it achieved for the same period in 2015.
For the full year the Bermudian-based offshore...
DATE: Mar 01, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Carlyle Group has exited its position with Butterfield Bank after seven years as its largest shareholder.
Following the closing of Butterfield’s registered secondary offering by a number of shareholders, Carlyle no longer own any common shares in...
DATE: Mar 01, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
XL Group estimates it will face a $75 million impact on its carried reserves as a result of a decrease in the discount rate used to calculate lump sum awards in British bodily injury cases.
The Bermudian-based company said impacts on its insurance se...
DATE: Mar 01, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
There is more than a new look at Premier Health and Wellness Centre, in Hamilton.
Based at the premises formerly used by the late Niall Aiten, it is owned and operated by Stanley James.
During the past year the practice has undergone a transformation...
DATE: Feb 23, 2017
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Butterfield Bank’s biggest shareholder, The Carlyle Group, is a step closer to exiting its position with the bank.
A public secondary offering of common shares in the bank, including an additional offering to the underwriters, includes all 7.6 millio...
DATE: Feb 21, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermuda leads the way as the world’s top jurisdiction for captives, with more than 780 on the island.
But it is not resting on its laurels. It did that before, but learnt a lesson.
Today, vigilance and awareness are uppermost in the mind of Grainne R...
DATE: Feb 21, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil