76393 results returned for search: "" category "Business"
Q: There seem to be plenty of articles about taking a strategic step backward in your career when young. But what about when you’re near the end of your career, in a large company? The objective is to try to stay employable (and be happier with the a...
DATE: Apr 05, 2016
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CATEGORY:
Bermuda Works
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Oil Insurance Ltd will pay out a dividend totalling $200 million to its shareholders this year.
The Bermudian-based mutual insurer, which insures the oil giants who own it, made net income of $30.9 million in 2015 and underwriting income of $56.7 mil...
DATE: Apr 05, 2016
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CATEGORY:
Reinsurance
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Companies that focus on creating a “human-focused workplace” will reap significant rewards in terms of employee wellbeing, engagement, and retention, according to a survey by Globoforce’s new WorkHuman Research Institute.
The Institute’s 2016 survey...
DATE: Apr 05, 2016
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CATEGORY:
Bermuda Works
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The Royal Gazette/BSX Index closed down 4.41 points, or 0.37 per cent, at 1,191.69.
The sole trading of the day was in the Bank of Butterfield, which saw 28,300 shares worth $46,695 change hands.
The bank’s shares ended 1 cent down, or 0.6 per cent a...
DATE: Apr 05, 2016
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CATEGORY:
Bermuda Stock Exchange
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Bermuda should not be lumped in with offshore centres that encourage tax-dodging, the Bermuda Business Development Agency said today.
The BDA hit out after a massive leak of documents from a Panamanian law firm Mossack Fonseca, which have sparked pro...
DATE: Apr 05, 2016
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Argus Group has been named as the official healthcare partner for America’s Cup competitor SoftBank Team Japan.
The group will support the team leading up and during next year’s 35th America’s Cup.
SoftBank Team Japan has its competition base in ...
DATE: Apr 05, 2016
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Oil Casualty Insurance Ltd is diversifying beyond its traditional energy industry market.
Ocil, a mutual insurer and reinsurer that is owned by the energy giants whose risks it covers, has been operating from Bermuda for 30 years.
But only over the p...
DATE: Apr 04, 2016
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CATEGORY:
Reinsurance
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Ratings agency Moody’s has downgraded Bermuda’s macro profile from “moderate+” to “moderate”.
The agency said the move reflected “the lowering of its assessment for institutional strength based on the World Bank’s worldwide governance indicators for ...
DATE: Apr 04, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ascendant Group shares rose by more than 29 per cent to lead The Royal Gazette/BSX Index higher last week.
The parent company of electricity company Belco soared by $1.25 to close the week at a new 52-week high of $5.50 as 15,300 shares traded.
The i...
DATE: Apr 04, 2016
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) — Alan Schnitzer, the new chief executive officer of insurer Travelers Cos, called on US lawmakers to reduce corporate taxes or risk harming business in the country.
“We continue to see the US corporate income tax rate — the high...
DATE: Apr 04, 2016
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CATEGORY:
Reinsurance
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