75780 results returned for search: "" category "Business"
The marketplace for cryptocurrencies has this year expanded from $20 billion to around $450 billion. And it could be heading for $1 trillion, according to Stan Stalnaker, who helped create the world’s first digital currency, the Bermudian-based Ven.
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DATE: Dec 29, 2017
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CATEGORY:
Other
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Telecommunications firm TeleBermuda International Ltd has been bought out by the East End Group in partnership with Celeritas Ltd.
EEG owns the wireless internet service provider Bluewave and is a public safety and wireless communications provider.
C...
DATE: Dec 29, 2017
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CATEGORY:
Local Business
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The Royal Gazette/BSX Index closed the trading year with a 14.5 per cent gain.
Butterfield Bank was the main driver of the year’s rally, as its share price rose 19.8 per cent in 2017 to close on $37 — above the $36.29 closing price of its New York St...
DATE: Dec 29, 2017
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CATEGORY:
Bermuda Stock Exchange
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Bermudian reinsurance firm Validus Holdings is sponsoring a $400 million catastrophe bond issuance.
The issuance will be made through the newly formed Bermuda special purpose insurer Tailwind Re Ltd in the form of three tranches with varying levels o...
DATE: Dec 28, 2017
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CATEGORY:
Reinsurance
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The US tax overhaul is symptomatic of growing protectionism around the world threatening the global business model of Bermudian reinsurers.
That is the view of Bradley Kading, outgoing president of the Association of Bermuda Insurers and Reinsurers, ...
DATE: Dec 28, 2017
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CATEGORY:
Reinsurance
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The impact of hurricanes Harvey, Irma and Maria, and major wildfires in the US, is clearly shown in a graph tracking combined ratios for reinsurance companies.
Data up to the end of the third quarter shows that this year is on track to be the worst y...
DATE: Dec 28, 2017
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CATEGORY:
Reinsurance
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A total of 10,000 shares of One Communications Ltd were traded on The Royal Gazette/BSX Index, but there was no change to the closing price of $3.
On the New York Stock Exchange, shares of Butterfield Bank were up two cents, or 0.05 per cent, at $36....
DATE: Dec 28, 2017
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CATEGORY:
Bermuda Stock Exchange
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A new company is to offer enhanced due diligence investigations and reports aimed at helping businesses avoid falling foul of increased regulations, and suffering reputational damage.
Searchlight is a spin-off from Oyster Consulting (Bermuda). The te...
DATE: Dec 27, 2017
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CATEGORY:
Other
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The latest Star Wars film, The Last Jedi has resulted in a week of sell-out showings at the Speciality Cinema.
And all indications pointed to that success continuing during the Christmas holiday weekend.
“We had a good response, every movie has been...
DATE: Dec 27, 2017
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CATEGORY:
Local Business
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Chubb Limited, which has offices in Bermuda, expects to record a one-time benefit from the new US tax law in excess of $250 million in the fourth quarter of this year.
Chubb’s preliminary estimate reflects the one-time impact of the reduced US corpor...
DATE: Dec 27, 2017
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CATEGORY:
Reinsurance
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