75768 results returned for search: "" category "Business"
Green energy firm BE Solar has signed up Steven Douglas as project and procurement manager.
Stuart Kriendler, managing director of BE Solar, said: “We are thrilled to welcome another talented Bermudian to our team. Steven is joining us at an exciting...
DATE: Jul 28, 2017
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CATEGORY:
Local Business
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PartnerRe Ltd has announced $191 million in profit for the second quarter of the year.
The figure is $54 million up on the $137 million made by the reinsurer in the same quarter of 2016.
Operating earnings hit $97 million for the quarter, compared to...
DATE: Jul 28, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Local businesses and hotels have taken an interest in the new water park that has opened at the former 9 Beaches resort at Daniel’s Head, Sandys.
And some, including Cambridge Beaches, are promoting the attraction to visitors.
The park, known as X20 ...
DATE: Jul 28, 2017
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CATEGORY:
Local Business
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What does a university mascot bulldog called Trip, shelves of rare books, and a $2 million 100-year-old telescope have to do with Bermuda?
The answer is they are all listed to be covered by a new captive insurance company based on the island.
And tha...
DATE: Jul 28, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Shares of Ascendant Group fell four cents, or 0.4 per cent, to $8.95 after 112 traded on The Royal Gazette/BSX Index. The stock was the sole trader of the day.
The Royal Gazette/BSX was down 0.39 points, or 0.02 per cent, at 2,063.06.
On the New Yor...
DATE: Jul 28, 2017
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CATEGORY:
Bermuda Stock Exchange
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Financial holding company Markel has bought out a US insurer in a $919 million deal.
Markel, based in the US but with a Bermuda subsidiary, is expected to take over State National in the cash transaction by the end of the year.
Richard Whitt, Markel’...
DATE: Jul 27, 2017
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CATEGORY:
Reinsurance
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Bermudian-based Axis Capital Holdings has reported profits of $85 million for the second quarter, down $34 million on the same period last year.
The figure is equal to $1.01 per common share, compared to the $1.29 per common share on the second quart...
DATE: Jul 27, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Association of Bermuda International Companies has pledged its commitment to working with the new Bermuda Government to protect the island’s reputation as a highly-regarded, well-regulated leading international business jurisdiction.
David Burt, ...
DATE: Jul 27, 2017
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CATEGORY:
Other
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RenaissanceRe Holdings Ltd notched up $171.1 million in profit for the second quarter of the year.
The figure, equal to $4.24 per common share, is up $34.8 million on the $136.3 million and $3.22 per common share recorded for the same period last yea...
DATE: Jul 27, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Each day brings plenty of variety for Bermuda’s skycaps, and that’s the way they like it.
They help passengers unload and transport luggage through the terminal, and give guidance and assistance where needed.
The skycaps are also among the first peop...
DATE: Jul 27, 2017
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CATEGORY:
Local Business
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