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The Royal Gazette/BSX Index closed unchanged at 1,246.19 after a day of no trades.
The BSX Insurance Index ended the day down 10.06 points (0.60 per cent) at 1,659.73.
DATE: Nov 04, 2015
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CATEGORY:
Bermuda Stock Exchange
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A US hedge fund has upped its stake in the Bermuda Stock Exchange to more than 40 per cent.
And Murray Stahl, co-founder of the multi-billon dollar hedge fund firm Horizon Kinetics, where Newstead and Belmont Hills owner Larry Doyle is managing direc...
DATE: Nov 03, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
In business we often see success and failure as two polar opposites. Business promotes not on the basis of leaders who can succeed but those who don’t fail, those who take a safe approach. However, success needs failure. That sounds very Zen but orga...
DATE: Nov 03, 2015
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CATEGORY:
Bermuda Works
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Aspen Insurance Holdings yesterday said its insurance operation had recorded the strongest quarterly underwriting performance in company history — but net income plunged due to investment losses.
The Bermuda-based firm recorded underwriting income in...
DATE: Nov 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Challenges. Every day in our lives and in business we are faced with decisions that may also be defined as challenges. These “speed bumps”, as I like to refer to them, make us sit up and pay attention to what we are doing and how we are doing them.
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DATE: Nov 03, 2015
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CATEGORY:
Other
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Bermuda-based Endurance Specialty Holdings yesterday posted third-quarter profits of $43.6 million, as acquisition expenses hit earnings.
The company said last night it recorded $64 million in one-time transaction and integration expenses associated ...
DATE: Nov 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda is outranked on a tax secrecy list by Britain, the US and the Cayman Islands.
Bermuda is 34th in the rankings of 100 countries for tax — while the Cayman Islands ranks fifth on the list.
Switzerland tops the list, followed by Hong Kong, the U...
DATE: Nov 03, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The sale of two arms of its operation is set to boost the undeployed capital at White Mountains Insurance Group to $2.5 billion.
Bermuda-domiciled financial services group Symetra has been bought over by Sumitomo Life Insurance of Japan, while reinsu...
DATE: Nov 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
LinkBermuda has stepped up its ability to guard against internet attacks on its network and its clients.
And almost immediately after deploying the new measures, the company saw how effective they were when a distributed denial-of-service (DDoS) atta...
DATE: Nov 03, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index today closed unchanged at 1,246.19 after a day of no trades.
The BSX Insurance Index finished down 5.43 points (0.32 per cent) at 1,669.79.
DATE: Nov 03, 2015
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CATEGORY:
Bermuda Stock Exchange
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