75834 results returned for search: "" category "Business"
The Royal Gazette/BSX Index closed down 4.41 points, or 0.38 per cent, at 1,166.07.
The Bank of Butterfield dropped by one cent to $1.63 after 400 shares changed hands.
Insurance firm Argus was unchanged at $4 after 25,000 shares moved.
And utilities...
DATE: Apr 20, 2016
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CATEGORY:
Bermuda Stock Exchange
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Low oil prices had an impact on retail sales at gas stations in February, with the sector seeing a 10.5 per cent increase in revenue, year-on-year.
This jump has been attributed to an 11.4 per cent increase in the volume of fuel sold.
Overall, retail...
DATE: Apr 20, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Plans have been dusted off for a new block of luxury condominiums in Hamilton, seven years after the original project was stopped in its tracks due to a combination of an overheated property market and the economic downturn.
Developer Gilbert Lopes ...
DATE: Apr 19, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Law firm Harneys has signed up a veteran specialist in insurance-linked securities and reinsurance.
Michael Skrbic, new counsel at the firm, has more than 25 years’ experience, spanning Bermuda, London and Hong Kong.
Mr Skrbic said: “It’s an exciting...
DATE: Apr 19, 2016
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CATEGORY:
Reinsurance
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Appleby Fiduciary Business is to change its name to Estera following a management buyout.
The new name for the company, which separated from its parent law firm last December, was inspired by a staff competition.
Rory Gorman, group managing director ...
DATE: Apr 19, 2016
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CATEGORY:
Other
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Insurance and reinsurance leaders have teamed up with the United Nations and the World Bank Group to find ways for governments to better use and apply knowledge on reducing disaster risk and building resilience frameworks.
They are also working to bu...
DATE: Apr 19, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Insurance captive manager Marsh IAS has appointed a new chairman and head of office.
Jill Husbands has taken over as chairman, while Lawrence Bird has become head of office.
Ms Husbands will focus on strategic growth client relations and will continu...
DATE: Apr 19, 2016
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CATEGORY:
Reinsurance
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The Royal Gazette/BSX Index closed unchanged at 1,170.48.
A total of 5,300 shares of Bank of Butterfield traded, but the stock closed unchanged at $1.64.
And 15 of the bank’s preference shares sold, again with the stock’s price unchanged at $1,050.
T...
DATE: Apr 19, 2016
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CATEGORY:
Bermuda Stock Exchange
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Bermuda has signed up to a major international agreement on country-by-country financial reporting by multinational companies.
Bob Richards, the Minister of Finance, said Bermuda had fallen in line with the Organisation for Economic Cooperation and D...
DATE: Apr 19, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda law firm has launched a new trust company.
Benedek Lewin has set up Omnium Trust Company, which will cater to corporate, estate planning and other legal needs.
Simon Benedek, counsel for the firm, said that, according to Bermuda Monetary Au...
DATE: Apr 18, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
