75886 results returned for search: "" category "Business"
PartnerRe is to ask its shareholders to back the merger deal with Axis Capital over a $6.8 million rival bid from Italian investment firm Exor.
The move came after PartnerRe and Exor were unable to thrash out terms to allow a meeting between the two ...
DATE: May 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield was up 24 cents (14.5 per cent) at $1.89 after 8,400 shares traded on The Royal Gazette/BSX.
A total of 22 Bank of Butterfield preference shares also sold, leaving the price unchanged at $1,135.
The Royal Gazette/BSX closed 10...
DATE: May 22, 2015
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CATEGORY:
Bermuda Stock Exchange
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A new creative studio has opened up Hamilton.
Uber Super Duper — in Front Street’s Somer’s Building — aims to work with both local and international clients.
Founder and creative director Sami Lill — who moved to the Island last year with Bermudian w...
DATE: May 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Axis Capital Holdings Ltd will remain a strong company — regardless of whether its planned merger with PartnerRe goes through — the firm’s chief executive officer told employees yesterday.
In a memo to all Axis staff, CEO Albert Benchimol said Axis r...
DATE: May 21, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
About 15 female high school students from Saltus, BHS, Cedarbridge, Berkeley and Mount St Agnes, as well as some undergraduates, took part in a “speed networking” event to learn more about the reinsurance business.
The event was staged by Women in R...
DATE: May 21, 2015
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CATEGORY:
Reinsurance
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A veteran lawyer is to become a commissioner of the Island’s telecommunications watchdog.
Kenneth Robinson has joined the Regulatory Authority of Bermuda (RAB).
RAB chairman Carl Musson said: “We believe he will be an excellent addition to our small ...
DATE: May 21, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
With the cruise season well underway we are seeing a steady stream of tourists visiting the island after having taken advantage of the all-inclusive on-board hospitality that the cruise lines offer their passengers.
This provides a timely opportunit...
DATE: May 21, 2015
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CATEGORY:
Other
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Reinsurance firm PartnerRe is to hold talks with Italian firm Exor in a bid to push up its $6.8 billion rival offer to the proposed merger with Axis.
PartnerRe said it had been given a waiver by Axis to open talks with Exor — but repeated its commitm...
DATE: May 21, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Belco could be burning natural gas instead of heavy oil fuel within four years, if energy regulators back the utility’s plans to change its principal electricity-generating fuel.
That’s the view of Walter Higgins, the chief executive officer of Ascen...
DATE: May 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Watlington Waterworks was the sole trade on The Royal Gazette/BSX.
A total of 500 shares in the firm worth $10,000 changed hands, leaving its price unchanged at $20.
The Royal Gazette/BSX closed unchanged at 1,193.31, while the BSX Insurance Index en...
DATE: May 21, 2015
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CATEGORY:
Bermuda Stock Exchange
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