76365 results returned for search: "" category "Business"
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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Concrete has been poured for the first new taxiway at LF Wade International Airport in 15 years.
It comes after months of excavation to prepare the base of Bermuda’s new passenger terminal.
“The concrete pour signifies the start of the next phase o...
DATE: Jul 27, 2017
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CATEGORY:
Other
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AUTHOR:
News Staff
A measure of Bermuda’s economy increased in the first quarter of this year, driven mostly by higher investment in machinery and transport equipment.
The island’s gross domestic product from January through March was $1.69 billion, up 1.6 per cent yea...
DATE: Jul 27, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A meeting between Jamahl Simmons, the new Minister for Economic Development and Tourism, and the Bermuda Business Development Agency, has been described as productive.
And the agency “affirmed a positive partnership in its work to support Bermuda-bas...
DATE: Jul 27, 2017
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CATEGORY:
Other
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