75782 results returned for search: "" category "Business"
It is only February, but it is turning out to be a busy year for Joshua Bate Trading Bermuda.
The business is celebrating its 25th anniversary and has just relocated the Bate’s showroom to larger premises.
The appliance and building materials compan...
DATE: Feb 07, 2017
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
An international law firm that linked up with an island legal company has won the right to be recognised in Bermuda.
But the winning case by Walkers (Bermuda), which set up an agreement with Bermudian firm Taylors under a licensing deal, is set to be...
DATE: Feb 07, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Everest Re Group Ltd last reported fourth-quarter net income of $373.6 million and comfortably surpassed analysts’ expectations.
On a per-share basis, the Bermudian reinsurer said it had profit of $9.08. Earnings, adjusted for investment gains, came ...
DATE: Feb 07, 2017
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CATEGORY:
Reinsurance
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A new firm chaired by Bermuda insurance industry veteran Brian Duperreault aims to streamline the insurance process for small businesses has picked a chief executive officer.
And Attune — the creation of AIG, Mr Duperreault’s Hamilton Insurance Group...
DATE: Feb 07, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Inspire. Who do you inspire and who inspires you? A word within this word is “spire”. One of the meanings of spire is to “reach for the skies!”
So inspiring others or having others inspire you means you not only reach for new heights but if you get...
DATE: Feb 07, 2017
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CATEGORY:
Other
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White Mountains Insurance Group reported a $33 million loss in the fourth quarter, compared with a profit of $268 million in the same period in 2015.
However, the Bermudian-based financial services holding company made a profit of $413 million for th...
DATE: Feb 07, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The first catastrophe bond to be sponsored by a Brazilian company has been issued in partnership with the insurance-linked securities arm of Bermudian reinsurer Validus Holdings.
AlphaCat Managers Ltd teamed up with Terra Brasis Resseguros SA to comp...
DATE: Feb 07, 2017
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CATEGORY:
Reinsurance
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A Swiss company has signed a deal to buy a controlling share in Bermuda-based hi-tech firm QuoVadis.
And WISeKey, a leading cybersecurity and internet of things company, said it expects the acquisition to add more than $20 million in revenues to its ...
DATE: Feb 07, 2017
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index was unchanged at 1,986.55.
The sole trading of the day was in telecoms firm KeyTech, with its price unchanged at $2.50 after 1,000 shares changed hands.
On the New York Stock Exchange, the Bank of Butterfield dropped 45 ce...
DATE: Feb 07, 2017
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CATEGORY:
Bermuda Stock Exchange
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Bermudian insurer and reinsurer Argo Group has closed the acquisition of fellow island firm Ariel Re.
Agreement on the $235 million deal was announced last November.
And today Argo also announced that Ryan Mather, former Ariel Re chief executive off...
DATE: Feb 07, 2017
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CATEGORY:
Reinsurance
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