75889 results returned for search: "" category "Business"
A new food court in Washington Mall will allow people to mix and match their food choices and sit where they want in a central location that is likely to boost the number of visitors coming into the shopping mall.
The concept is popular in the US, UK...
DATE: May 08, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Four out of five reinsurance executives believe soft market conditions are presenting a significant challenge to the industry, according to a worldwide industry survey.
Xuber’s Global Reinsurance Survey revealed that 81 per cent of executives polled ...
DATE: May 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based municipal bond insurer Assured Guaranty posted net income of $201 million for the first quarter and topped Wall Street estimates.
The company’s board also authorised a new $400 million share repurchase programme, as its adjusted book va...
DATE: May 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Digicel’s bid to buy Bermuda Telephone Company (BTC) has been granted approval by the Island’s regulatory watchdog.
The Regulatory Authority of Bermuda (RAB) this afternoon said it had granted written approval for the buy out.
In a statement, it said...
DATE: May 08, 2015
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CATEGORY:
Other
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XL Group will be providing one of the speakers at a New York conference focusing on disruptive trends in financial services.
Tom Hutton, the managing partner and director of XL Innovate, an XL-sponsored venture capital initiative, is due to speak at ...
DATE: May 08, 2015
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CATEGORY:
Reinsurance
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Shares of insurance sector companies Argus Group and BF&M fell on The Royal Gazette/Bermuda Stock Exchange Index.
Argus Group shares were down 40 cents (10 per cent) at $3.60 after 1,200 were traded, while BF&M’s stock slipped 60 cents (3.3 per cent)...
DATE: May 08, 2015
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CATEGORY:
Bermuda Stock Exchange
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A new $300 million catastrophe bond has been admitted for listing on the Bermuda Stock Exchange.
Bermuda-based special purpose insurer Everglades Re II Ltd has issued the Series 2015-1 notes, which have a due date of May 3, 2018.
The issuance will pr...
DATE: May 08, 2015
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CATEGORY:
Reinsurance
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Internet users in Bermuda are concerned about what they perceive as slow connection speeds and high costs, and most would prefer to have a single provider for both internet access and service.
Those are the findings of a survey conducted on behalf of...
DATE: May 07, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Employment Act 2000 (the “Act”) promotes the fair treatment of both employers and employees in Bermuda by establishing minimum employment standards and enforcing those standards through the Employment Tribunal (the “Tribunal”).
The majority of cl...
DATE: May 07, 2015
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CATEGORY:
Other
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Bermuda-based Validus Holdings Ltd is celebrating its tenth birthday this year in a markedly different reinsurance market from the one in which it was born.
To mark a decade of strong growth, the company is holding a party for clients at Pier 6 on Fr...
DATE: May 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
