75808 results returned for search: "" category "Business"
The Queen Group of companies has moved into its new home in Hamilton six weeks after its previous base was destroyed by fire.
The group, which operates Bermuda Executive Services Ltd, Atlantic Caregiving Ltd, Island Shippers, Atlantic Media and Atlan...
DATE: Sep 02, 2016
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CATEGORY:
Local Business
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Bermudian-based Maiden Holdings and its subsidiaries were yesterday upgraded by ratings agency AM Best.
The financial strength rating went up from A- to A.
The firm’s issuer credit ratings from a- to a for Maiden Reinsurance Ltd and its reinsured aff...
DATE: Sep 02, 2016
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CATEGORY:
Other
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Insurers will be bracing for loss claims associated with the explosion of a rocket and its satellite payload on a launch pad at Cape Canaveral in Florida yesterday.
A SpaceX rocket was being prepared for a test firing when it blew up. No one was inju...
DATE: Sep 02, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
It’s all change for Air Care, with the company in the process of moving from Mill Creek to the former Bermuda Gas showroom and offices.
The move is being done in stages. Everything will be completed by the end of this month.
The new location, at 25 S...
DATE: Sep 02, 2016
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index today inched up 0.48 points, or 0.04 per cent, to 1,266.64.
The only trading of the day was in utility Ascendant Group Ltd, which went up 5 cents, or 0.9 per cent, to $5.75 after 18,000 shares sold.
The BSX Insurance Index...
DATE: Sep 02, 2016
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CATEGORY:
Bermuda Stock Exchange
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The first hurricane to make landfall in Florida since 2005 will likely generate insurance losses approaching $500 million.
That’s the view of Karen Clark & Company, US-based experts in catastrophe loss estimation, whose projections for Hurricane Herm...
DATE: Sep 02, 2016
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CATEGORY:
Reinsurance
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A CedarBridge student has completed a summer internship at real estate firm Rego Sotheby’s International Realty.
Kyle Croke, who is going into his final year of studies at the school, made some “impressive contributions” during the eight-week program...
DATE: Sep 01, 2016
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CATEGORY:
Local Business
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A post-Brexit exodus of British business could power a rebirth of prosperity in Bermuda, a company chief said yesterday.
Michael Collier, chairman of developer West Hamilton Holdings Ltd, said: “I am optimistic.
“With all the issues going on around t...
DATE: Sep 01, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurers will face insured losses of between $66 million and $133 million from the earthquake which struck Italy last week.
That is the estimate of Fitch Ratings, which also expects insured losses for primary insurers to be in the range of $40 mill...
DATE: Sep 01, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
New law firm Chancery Legal today opens its doors for business.
The new practice — with a total of six lawyers, including politicians Mark Pettingill and Shawn Crockwell — will focus on civil and criminal litigation, matrimonial and family law, as we...
DATE: Sep 01, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor