75834 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — A subsidiary of Bermudian bond insurer Assured Guaranty Ltd agreed to acquire CIFG Holding Inc in a $450 million cash transaction that will add $5.6 billion to the company’s insured portfolio.
The deal, expected to be completed...
DATE: Apr 15, 2016
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CATEGORY:
Reinsurance
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A Bermudian couple has turned a lifestyle into a business — and Mr Organic is going from strength to strength.
Preston Ephraim, who runs the firm with wife Megan, branched out into the green foods market through his job as a nutrition and lifestyle c...
DATE: Apr 15, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Public-private partnerships to rebuild crumbing infrastructures are becoming the norm around the world, an expert from professional services firm KPMG said yesterday.
Josh Hjartarson, based at KPMG’s Toronto office, said that public-private co-operat...
DATE: Apr 15, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 18,400 shares in the Bank of Butterfield worth $30,176 yesterday were traded on the Bermuda Stock Exchange today.
The bank’s share price was unchanged at $1.64.
The Royal Gazette/BSX Index was also closed unchanged at 1,165.60.
The BSX Ins...
DATE: Apr 15, 2016
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CATEGORY:
Other
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A new restaurant specialising in fries with a twist is set to open tomorrow.
FryDays is the brainchild of store owner Mstira Weeks, chef Janelle Williams and a silent investor.
The new food outlet is located in the former East Meets West restaurant i...
DATE: Apr 14, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s delegates at the the Risk and Insurance Management Society annual conference and exhibition in San Diego, California have enjoyed a productive time.
The high-profile team included Michael Dunkley, the premier, and Minister of Finance Bob Ri...
DATE: Apr 14, 2016
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CATEGORY:
Reinsurance
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The Bermuda Institute is leading the pack in the annual KPMG Investment Challenge.
The school’s two teams, Profit Bulls and Investables, are in first and second place respectively and are two of only three teams in the 18-team competition to show a p...
DATE: Apr 14, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Only 5,000 shares traded on The Royal Gazette/BSX Index, but that was enough to lift the exchange 4.41 points, or 0.38 per cent, to 1,165.6.
Bank of Butterfield shares improved by one cent, or 0.6 per cent, to close at $1.64 after 5,000 were exchange...
DATE: Apr 14, 2016
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CATEGORY:
Bermuda Stock Exchange
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XL Catlin has announced Philippe Gouraud as head of strategic client and broker management for its insurance segment.
Mr Gouraud has extensive experience in the industry, including 15 years in underwriting and senior account management roles with AIG...
DATE: Apr 14, 2016
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CATEGORY:
Reinsurance
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Reaching Solvency II equivalence with the European Union is a badge of honour for Bermuda that other offshore jurisdictions are unlikely to achieve.That view was expressed by Bob Richards, the finance minister, during an interview at the Risk and Ins...
DATE: Apr 14, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil