75815 results returned for search: "" category "Business"
Bermuda attracted more air and cruise ship visitors in the last three months of 2015 compared with the year before, but they spent less money.
There were 90,731 air and cruise ship visitors in the fourth quarter compared with 81,009 for the same peri...
DATE: May 04, 2016
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CATEGORY:
Other
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Butterfield Bank has successfully transitioned former HSBC Bermuda employees, their clients and accounts to its operations following the bank’s acquisition of the Bermuda Trust Company and HSBC Bermuda’s private banking investment management operatio...
DATE: May 04, 2016
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CATEGORY:
Other
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Ascendant Group Ltd’s operating earnings doubled to $14.5 million last year as electricity sales rose for the first time in six years.
The group, which owns Belco, attributed the $7.2 million increase in earnings to improved results at the power util...
DATE: May 04, 2016
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CATEGORY:
Local Business
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KeyTech and CellOne have created a new full service telecommunications combination.
It will provide residential and business customers with enhanced options and pricing, while new capital means accelerated investment in Bermuda and Cayman, according ...
DATE: May 04, 2016
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CATEGORY:
Other
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NEW YORK (Bloomberg) — American International Group, the insurer that’s shrinking under pressure from activist shareholders, posted a third-straight unprofitable quarter on losses from hedge funds and declines in the value of other investments.
The f...
DATE: May 03, 2016
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CATEGORY:
Reinsurance
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Published to coincide with World Day for Safety and Health at Work, which was on April 28, this commentary by Guy Ryder, the director-general of the International Labour Organisation, focuses on the toll taken on the health and wellbeing of workers w...
DATE: May 03, 2016
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CATEGORY:
Bermuda Works
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As I was preparing to draft a speech on “International Tax and Compensation Issues Effecting International Executives” for a Bloomberg tax conference the news broke regarding the so-called Panama Papers and the thousands of politicians, millionaires ...
DATE: May 03, 2016
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CATEGORY:
Other
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White Mountains Insurance Group increased its adjusted book value to $704 per share during the first quarter, a rise of 0.9 per cent. When adding in the estimated gain from the sale of Sirius Group, a $2.6 billion deal which closed last month, the sh...
DATE: May 03, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Argo Group International Holdings Ltd’s profit fell by more than half as investment results lagged.
Net income in the first quarter for the Bermudian insurer and reinsurer was $27.7 million, compared to $58.8 million in the same period of last year.
...
DATE: May 03, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Endurance Specialty Holdings Ltd’s profits rose 6 per cent in the first quarter as the company beast analysts’ estimates and benefited from the additional business gained from last year’s acquisition of Montpelier Re.
The Bermudian insurer and reinsu...
DATE: May 03, 2016
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CATEGORY:
Reinsurance
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