75775 results returned for search: "" category "Business"
Butterfield Bank made a profit of $35.9 million in the first quarter of the year.
The figure was an increase of $9.1 million on the same quarter last year and equivalent to 65 cents per share, up 84 cents on the last quarter of 2016 and 17 cents over...
DATE: Apr 26, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance company Chubb yesterday reported profits of more than $1 billion for the first quarter of the year — a 149.2 per cent increase on the same period last year.
The $1.09 billion figure compared to the $439 million recorded in the same period o...
DATE: Apr 26, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Pie Company has signed up with the America’s Cup as an official food supplier for the event village in Dockyard.
And owner Kris Furbert predicted that the event would be a major boost for his business.
Mr Furbert said: “The America’s Cup ...
DATE: Apr 26, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
American mortgage insurer NMI Holdings is taking advantage of Bermuda’s insurance-linked securities framework to acquire more than $200 million worth of reinsurance cover.
NMI said in a regulatory filing with the Securities and Exchange Commission ye...
DATE: Apr 26, 2017
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CATEGORY:
Reinsurance
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The opportunity to work for a data-driven, well resourced company with a high calibre of experienced staff and a management team based in Bermuda, were among the reasons listed by Stephen Hartwig when he was asked about his decision to join Hamilton ...
DATE: Apr 26, 2017
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CATEGORY:
Reinsurance
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The Bank of Butterfield today rose 35 cents to $32.20 on The Royal Gazette/BSX Index.
The move of 1.1 per cent came as 9,344 shares traded the day after the bank reported first-quarter profit of $35.9 million.
On the New York Stock Exchange, the bank...
DATE: Apr 26, 2017
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CATEGORY:
Bermuda Stock Exchange
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Back stage. For many months I have been involved, with many others, in a major redevelopment of the backstage operations in a technology company. This has taken many months of planning, research, and the use of experts to assist in us in making the b...
DATE: Apr 25, 2017
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CATEGORY:
Other
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Financial services firm LOM made profits of more than $553,000 last year.
The firm’s annual report said its net income increased 291 per cent on the previous year’s $141,528.
The report said the firm had won new clients over the year ended last Decem...
DATE: Apr 25, 2017
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Former school principal Tim Jackson is set to teach the world about pizza — Bermuda-style.
For Mr Jackson and wife Michelle Brock Jackson’s J&B’s Wood Fired Pizza, founded only a few months ago, will make its debut as one of the five primary food and...
DATE: Apr 25, 2017
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Island-based insurer and reinsurer Everest Re Group yesterday reported profits of $291.6 million for the first quarter of the year — up $119.9 million on the same period last year.
The profit for the first three months of 2017 breaks down to $7.07 pe...
DATE: Apr 25, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor