76373 results returned for search: "" category "Business"
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
Three Bermudian engineering firms yesterday celebrated major contracts for work on the new airport which will provide work for more than 50 people.
Bermuda-Caribbean Engineering, D&J Excavation and Correia Construction have all been awarded a share o...
DATE: Apr 25, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermudian-based insurance giant XL Catlin is to take part in a hi-tech project to run a fleet of driverless cars between London and Oxford in England.
Now it plans to trial six autonomous vehicles around 60 miles between the two cities by 2019.
Richa...
DATE: Apr 25, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor