3605 results returned for search: "" author Scott Neil
Orange Bay Company has relocated to a storefront location in Hamilton.
The formerly vacant shop at Magnolia Place, on the corner of Victoria Street and Parliament Street, has been transformed into an Alladin’s cave of interesting vintage, pre-owned a...
DATE: Sep 18, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Businesses and residents in Bermuda have a commendable level of technological competence, a new report confirms.
This expertise, along with the Island’s digital infrastructure, offers opportunities to attract foreign investment and the possibility of...
DATE: Sep 17, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Reflecting what it calls a “notoriously deteriorating soft market”, Qatar Re’s half-year profit fell by about $1.5 million, year-on-year, to $13.4 million.
The drop came despite the company boosting its gross written premiums by 42 per cent to $463.6...
DATE: Sep 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Financial services investment firm Somers Ltd has moved into a positive year-to-date position for its investments after a strong performance by Private & Commercial Finance Group (PCFG).
Somers recorded net income of $8.6 million in the third quarter...
DATE: Sep 15, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A water supply pipeline loop around Somerset Island has been completed by Watlington Water.
The company has installed more than 40,000 feet of new pipeline in the western parishes since July 2010, and finished the Somerset loop earlier this year, acc...
DATE: Sep 15, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Back-to-back hurricanes and the closure of the Bermuda Sun newspaper were among factors that impacted the Island’s gross domestic product in 2014.
Bermuda’s GDP fell 0.4 per cent in real terms last year, final estimates show. While still in negative...
DATE: Sep 15, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Insurer Amlin has been placed under review by rating agency AM Best in the wake of this week’s announced agreement to be acquired by Japan’s Mitsui Sumitomo Insurance Company in a $5.3 billion deal.
Amlin operates in the Lloyd’s of London market and ...
DATE: Sep 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Former Island residents Mike and Alana MacPhee have returned to perform at the Bermuda Folk Club tomorrow.
For the first time in two years the couple will appear at the club, where they were once mainstays during the 2000s.
Past performances by the M...
DATE: Sep 11, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
An ice cream business that started a year ago has hit a sweet spot with customers and is looking to expand into the US market.
In the space of 12 months Alex & Pete’s Bermuda Artisan Ice Cream has extended its range of flavours to 14, which includes ...
DATE: Sep 10, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda’s Catco Investment Management Ltd is to be acquired by US financial holding company Markel Corporation.
Markel will acquire “substantially all of the assets of Catco”, according to a joint statement from the two companies. The deal is expecte...
DATE: Sep 10, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil