75782 results returned for search: "" category "Business"
It is the million-dollar question, literally. How much did Bermuda get back from the $1.3 million spent on a nine-month tourism advertising campaign last year?
The answer is $17 million, or a return on investment of $15.30 for each advertising dollar...
DATE: Feb 15, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Millennials are worried about the future — and less likely to want to job-hop as a result, a new survey revealed.
The survey, by professional-services firm Deloitte, said the millennial generation, those born after 1982, were “stressed” by world even...
DATE: Feb 15, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Axis Insurance has entered into an agreement with a renewable energy expert services company to give it greater insight into risks and opportunities in the renewable energy industry.
There has been a relationship between Axis and The Renewables Consu...
DATE: Feb 15, 2017
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CATEGORY:
Reinsurance
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A panel of top professionals will next month meet to discuss diversity in the workplace as part of International Women’s Day.
Jointly hosted by professional services firm PwC and the Women’s Legal Network, the panellists include Chief Justice Ian Kaw...
DATE: Feb 15, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield rose 30 cents to $33 on The Royal Gazette/BSX Index.
The 0.9 per cent move came after 16,067 shares traded.
On the New York Stock Exchange the bank was also up, by 76 cents, or 2.34 per cent, to $32.27.
The Royal Gazette/BSX I...
DATE: Feb 15, 2017
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CATEGORY:
Bermuda Stock Exchange
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A target minimum broadband download speed of 50 megabits per second has been set by the Government.
And a letter from Grant Gibbons, Minister of Economic Development, to the Regulatory Authority, said that a universal speed obligation could potential...
DATE: Feb 15, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) — American International Group Inc posted its fourth loss in six quarters, burnt again by higher-than-expected claims costs as chief executive officer Peter Hancock struggles to sustain profitability.
The net loss widened to $3.0...
DATE: Feb 15, 2017
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CATEGORY:
Reinsurance
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Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, today announced the launch of a contest for Bermuda high school students in support of Insurance Careers Month, the global initiative aimed at attracting young people to the insur...
DATE: Feb 15, 2017
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CATEGORY:
Reinsurance
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Arch Capital Group made a profit of $62.4 million, or 50 cents per common share, in the fourth quarter. That improved on the $53.1 million it reported for the same period of 2015.
The company’s after-tax operating income was $141.5 million, or $1.13 ...
DATE: Feb 14, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Argo Group has reported a dip in profits for the fourth quarter and the full year. The Bermudian-based company’s net income for the quarter was $32.9 million, or $1.07 per common share, compared with $41.2 million for the same period in 2015.
For the...
DATE: Feb 14, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil