75883 results returned for search: "" category "Business"
By Jonathan Kent
A spike in demand for reinsurance in Florida is helping parts of the property-catastrophe reinsurance market to stabilise, according to broker Willis Re.
The view, expressed by Willis Re Global chief executive officer John Cavanagh, ...
DATE: Jul 02, 2015
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) — Evan Greenberg just took deal-making to the next level.
The chief executive officer of property-and-casualty insurer Ace Ltd on Wednesday announced a $28 billion deal for rival Chubb Corp. It’s the biggest acquisition in the in...
DATE: Jul 02, 2015
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CATEGORY:
Reinsurance
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When a person who owns shares in a Bermuda company dies, the person’s shares must be transferred into the name of his or her beneficiary. This is true whether the shares are in a local company, or in an exempted company.
The requirements for making s...
DATE: Jul 02, 2015
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CATEGORY:
Other
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A Front Street mainstay of the tourist trade is celebrating its 20th anniversary.
Onion Jack’s Trading Post has notched up the milestone and is still going strong — despite a long-term downturn in tourist numbers.
And owner Richard Lines, who inherit...
DATE: Jul 02, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Law firm Conyers Dill & Pearman played a role in three air financing deals that have won awards from Airfinance Journal.
The Bermuda firm represented participants in the transactions, giving law and legal advice. The deals were hailed at Airfinance J...
DATE: Jul 02, 2015
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CATEGORY:
Other
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A total of 38,600 shares, worth $76,460, traded on the The Royal Gazette/BSX.
The Bank of Butterfield’s price was unchanged at $1.65 after 29,000 shares changed hands.
Telecoms firm KeyTech was up nine cents (3.24 per cent) at $2.85 after 9,100 share...
DATE: Jul 02, 2015
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CATEGORY:
Bermuda Stock Exchange
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Just three months into Government’s fiscal year, the costs of servicing the enormous public debt have totted up to more than $840 per Bermudian man, woman and child. The figure is calculated by dividing Government’s total debt servicing costs equally...
DATE: Jul 01, 2015
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CATEGORY:
Other
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Two Bermudian students yesterday received scholarships in an awards ceremony hosted by the Ace Foundation — Bermuda.
Jacqueline Riley Correia was unveiled as the 2015 Robert Clements/Ace Scholar, while Shannon Davis was the 2015 ACE/Bermuda College E...
DATE: Jul 01, 2015
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CATEGORY:
Other
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Bakery firm Glaze is set to turn up the heat in Devonshire — with a drive-through option and longer hours.
For the firm — which opened its first store in Hamilton less than a year ago — has applied for planning permission to turn the former Howard’s ...
DATE: Jul 01, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Designer Rene Hill has stitched up a major cut of the market in clothes alterations.
Now she’s had to take a studio space in Hamilton and leave her job as in-house tailor at a Hamilton clothes store last month to cope with demand.
She has also had to...
DATE: Jul 01, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
