75816 results returned for search: "" category "Business"
A total of 28,000 shares worth $60,600 traded on The Royal Gazette/BSX Index.
The Bank of Butterfield was up four cents (2.09 per cent) at $1.95 after 25,000 shares moved.
Insurance firm Argus fell three cents (0.75 per cent) to $3.95 after 3,000 sha...
DATE: Dec 17, 2015
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CATEGORY:
Bermuda Stock Exchange
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Clarien Bank will not increase its Bermuda dollar base lending rate in the wake of the US Federal Reserve yesterday announcing it was raising interest rates by 0.25 per cent.
The bank said it will “continue to monitor changes in the global interest r...
DATE: Dec 17, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Reinsurance and insurance broker Willis has appointed two new Bermudian senior executives.
Nick Warren, currently at Marsh IAS Management Services, is the new managing director for the Willis Management (Bermuda) captive operation.
He will take up hi...
DATE: Dec 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Jonathan Kent
Bermuda First Investment Company recorded a loss of $0.2 million in the quarter ended September 30, as its investments lost $0.8 million in value — but its chairman is taking heart from an improving economy.
The company, which invests i...
DATE: Dec 16, 2015
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CATEGORY:
Local Business
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Bermuda specialty reinsurer MultiStrat has appointed a former Bank of Bermuda senior manager to its board of directors.
Raymond O’Neill — a specialist in asset management — held senior posts at the bank, now HSBC.
Bob Furness, chairman and chief exec...
DATE: Dec 16, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The company seeking to make major infrastructure investments in Bermuda says its representatives have met with government officials.
Urban Maximum Industries, Inc (UMI) said that after the November 25 meeting, the company will go through a “vetting p...
DATE: Dec 16, 2015
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CATEGORY:
Other
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On January 1 Bermuda will be handed a golden opportunity to further differentiate itself as a leading jurisdiction for insurance and reinsurance as Solvency II equivalence ‘goes live’.
From that moment, Bermuda (re) insurance companies will be placed...
DATE: Dec 16, 2015
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CATEGORY:
Reinsurance
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A new children’s clothing store has injected a dose of Italian style to young fashion.
And Blukids is already cutting a dash with parents and youngsters with its up-to-the-minute design.
Co-owner Francesca Cacace — who has been working in her family’...
DATE: Dec 16, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Axis is to open an office in Dubai, it was revealed yesterday.
Axis Capital Holdings’ Axis Re SE has been licensed by the Dubai Financial Services Authority to open up shop in the emirate’s International Financial Centre.
The new office will focus on...
DATE: Dec 16, 2015
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CATEGORY:
Reinsurance
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A total of 1,600 shares worth $10,173 traded on The Royal Gazette/BSX Index.
Insurance firm BF&M was up 33 cents (2 per cent) at $17.19 after 200 shares changed hands.
And utilities group Ascendant was also up, by five cents (1 per cent), at $4.85 af...
DATE: Dec 16, 2015
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CATEGORY:
Bermuda Stock Exchange
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