75829 results returned for search: "" category "Business"
The Middletown area of Pembroke is not best known for thriving hi-tech industries.
But brothers Ken and Tyrone Butterfield aim to change that view with their company Ascendant Technologies.
The brothers, both qualified in IT and both former civil ser...
DATE: Feb 04, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Voter turnout is tipped to be the decisive factor today, as the 1,300 voters of Devonshire North Central choose either a Bermuda Government or Opposition candidate to represent them.
Diallo Rabain, the Progressive Labour Party’s contender, is up agai...
DATE: Feb 04, 2016
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Bell
Laura Blee-DeFrias has joined Bermuda Forwarders Ltd as freight services manager with the company’s ocean import team.
She has 20 years of experience in the shipping industry, having started at Bermuda Ocean Shipping Services in 1995 and became manag...
DATE: Feb 04, 2016
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CATEGORY:
Local Business
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XL Group made a fourth-quarter profit of $228 million, bringing its full-year net income attributable to ordinary shareholders to $1.2 billion.
Excluding the impact of the GreyCastle Life Retro agreements, which relates to a May 2014 sale and purchas...
DATE: Feb 04, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Commercial insurers registered under the Insurance Act 1978 (the Act) are now required to establish and maintain a head office in Bermuda in accordance with changes to the Act that came into effect on January 1, 2016.
This requirement means that th...
DATE: Feb 04, 2016
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CATEGORY:
Other
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Endurance Specialty Holdings Ltd’s fourth-quarter profit soared by nearly 20 per cent as the insurer and reinsurer benefited from its expanding underwriting platform.
The company, headquartered in Waterloo House on Pitts Bay Road, said net income was...
DATE: Feb 04, 2016
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CATEGORY:
Reinsurance
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The Regulatory Authority of Bermuda is inviting comments on the proposed acquisition of control of CellOne and KeyTech by US telecommunications company Atlantic Tele-Network (ATN).
Interested parties who wish to submit comments and observations on th...
DATE: Feb 04, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index today closed up 5.88 points (0.48 per cent) at 1,224.59.
The sole mover of the day was insurance firm Argus, which climbed 30 cents (8.3 per cent) to $3.90, after 5,000 shares traded.
The BSX Insurance Index ended the day ...
DATE: Feb 04, 2016
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CATEGORY:
Bermuda Stock Exchange
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A furious customer yesterday blasted Butterfield Bank for introducing new charges “by stealth”.
The bank, from the start of this year, introduced a new “statement imaging fee” of $2 a month for online personal customers and a fee for “account monitor...
DATE: Feb 03, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda reinsurer PartnerRe Ltd said last night that it expects that it expected to write around $2.5 billion of premium in this year’s January 1 treaty renewal season amid “further erosion of prices”.
On a constant foreign exchange basis, this repr...
DATE: Feb 03, 2016
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CATEGORY:
Reinsurance
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