76393 results returned for search: "" category "Business"
A new law to create a public register of directors comes into force today.
Government amended company law to create the register to stay in line with US Financial Action Task Force rules.
The new law means every company registered in Bermuda has to f...
DATE: Apr 01, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The world’s first marine catastrophe model has been developed by Sompo Canopius in partnership with Risk Management Solutions.
It comes seven months after the deadly Tianjin explosion at a container storage station in China, which killed 173 people.
...
DATE: Apr 01, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index today closed unchanged at 1,209.35 after a day of no trading on the Bermuda Stock Exchange.
The BSX Insurance Index closed the day up 18.24 points or 1.11 per cent at 1,656.32.
DATE: Apr 01, 2016
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CATEGORY:
Other
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Shipping service Mailboxes Unlimited has delivered a new rewards programme.
The scheme, which is a first for the industry in Bermuda, gives Mailboxes US Express customers cash back and a special card that can be used to get discounts in a range of st...
DATE: Mar 31, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ashley Ferguson and Jyna Heinicke have designs on success with a new furniture store.
They have expanded their existing interior design business into a storefront.
“It was a natural progression for our business because we felt we were outgrowing havi...
DATE: Mar 31, 2016
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Monitors of HSBC’s anti-money laundering and sanctions evasions found “widespread compliance failings” at the bank’s Bermuda operation, The Wall Street Journal reported yesterday.
The newspaper said that “people familiar with the situation” said that...
DATE: Mar 31, 2016
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
When coffee shop culture started to seriously trend in North America in the mid-1990s, Bermuda was not far behind.
And today, 21 years after opening for business, Rock Island Coffee continues to exude the friendly, laid-back feel that set it apart fr...
DATE: Mar 30, 2016
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A more streamlined operation with simplified processes, increased investment in technology and automation, and the outsourcing of all but core functions, is helping Hamilton-headquartered Argo Group International Holdings to be “leaner, smarter and m...
DATE: Mar 30, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
An EU seal of approval for Bermuda’s insurance market will make the global business more competitive, the head of the Association of Bermuda Insurers and Reinsurers said yesterday.
And Brad Kading, president and executive director of Abir, added that...
DATE: Mar 30, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Lancashire Insurance Company Ltd has entered into a new $300 million credit facility involving a group of banks.
The company is a wholly owned subsidiary of Bermudian-based Lancashire Insurance Company Ltd.
Lloyds Bank and Barclays Bank are the joint...
DATE: Mar 30, 2016
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CATEGORY:
Reinsurance
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