3605 results returned for search: "" author Scott Neil
Climate change could put Bermuda at risk of greater economic damage and dent its sovereign credit rating more than many countries and islands.
That is the finding of a speculative report by Standard & Poor’s Ratings Services.
Using direct damage data...
DATE: Jan 04, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A sizeable number of Bermuda insurers and reinsurers have opened offices in the Dubai International Financial Centre in the United Arab Emirates.
This month a further three Bermuda-based companies joined the list; Axis, Partner Re and Qatar Re.
The ...
DATE: Dec 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The financial services industry in Bermuda had foreign portfolio holdings of more than half-a-trillion dollars last year. At $516 billion, that was up 16 per cent on 2013.
While the Island does not feature in the world’s top ten places with the large...
DATE: Dec 24, 2015
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CATEGORY:
Economy
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AUTHOR:
Scott Neil
Clarien Bank will not increase its Bermuda dollar base lending rate in the wake of the US Federal Reserve yesterday announcing it was raising interest rates by 0.25 per cent.
The bank said it will “continue to monitor changes in the global interest r...
DATE: Dec 17, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermuda-based Qatar Reinsurance Company has been granted a licence to operate a branch office from the Dubai International Financial Centre (DIFC) in the United Arab Emirates.
The approval was given by the Dubai Financial Services Authority and becam...
DATE: Dec 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
You might not expect to find freshly fired brick oven pizza for sale at a gas station, but that is just one of the delights on offer at the newly opened Gold Coast Express, North Shore.
The food concession is located inside Rubis Terceira’s gas stati...
DATE: Dec 02, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Evan Naude and Jennifer Alen beat high humidity to become the Argus Crime Stoppers 5K Road Race men’s and women’s champions.
By coincidence, Naude and Alen both last won the titles in 2012.
Also competing was May 24 race legend Mike Watson, who won t...
DATE: Nov 30, 2015
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CATEGORY:
Running-Triathlon
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AUTHOR:
Scott Neil
In Bermuda and around the world millions of shoppers will make the most of online bargains today, on what has become known as Cyber Monday.
It will inevitably mean a lot of residents’ dollars end up with overseas suppliers rather than at local stores...
DATE: Nov 30, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda-based CCS Group has opened an office in Portugal as it looks to offer information and communication technology solutions and support services in Europe.
The relatively low cost of setting up in Portugal, together with its “highly educated tal...
DATE: Nov 30, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Insured losses from the most powerful hurricane ever recorded in the Western Hemisphere, Hurricane Patricia, are expected to be negligible.
The Category 5 hurricane struck the Pacific coast of Mexico, near Cuixmala, on October 23. It had maximum sust...
DATE: Nov 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
