75889 results returned for search: "" category "Business"
A stunning new restaurant to be run by celebrity chef Marcus Samuelsson is to open on May 27, the Fairmont Hamilton Princess said yesterday.
The new restaurant — Marcus’ — takes up the space once occupied by the Gazebo ballroom and features a bar, in...
DATE: Apr 30, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The top table of company chiefs has to be more diverse, according to the chairman of the Bermuda branch of the Institute of Directors (IoD).
Roger Gillett, an award-winning veteran of the insurance industry, said: “The more diverse the board, the bro...
DATE: Apr 30, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Recollections of Bermuda were shared by the mayor of New Orleans, Mitchell (Mitch) Landrieu, when he met Premier Michael Dunkley.
The two men met this week as the Louisiana city hosted the Risk & Insurance Management Society’s (RIMS) annual conferenc...
DATE: Apr 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Myth #36: The Bermuda Immigration and Protection Amendment Act 2015 will open the floodgates to the purchase of Bermuda real estate by non-Bermudians.
The Bermuda Immigration and Protection Amendment Act 2015 (the “Act”), approved by the Senate in ...
DATE: Apr 30, 2015
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CATEGORY:
Other
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Asset managers facing regulatory and compliance challenges should view the flood of regulation as an opportunity to enhance their company’s operational structure and provide a strategic advantage in a competitive market.
That’s the belief of PWC Berm...
DATE: Apr 30, 2015
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CATEGORY:
Other
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Standard & Poor’s Rating Services has downgraded Butterfield Bank as a direct result of the Bermuda Government’s credit rating downgrade earlier this week.
But even as it cut Butterfield’s long-term issuer credit rating to BBB from BBB+, the rating a...
DATE: Apr 30, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A Bermuda-based fund administrator has won a top European award.
Equinoxe Alternative Investment Services won ‘Best Administrator for Client Service under $30 billion’ in the HFMWeek European hedge fund services awards.
Equinoxe founder and CEO Steph...
DATE: Apr 30, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of Butterfield Bank were the only stock traded on The Royal Gazette/BSX Index, but they ended the day unchanged at $1.90.
A total of 11,300 shares in the bank were exchanged.
The Royal Gazette/BSX Index closed unchanged at 1,320.81. The BSX In...
DATE: Apr 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Insurance and reinsurance firm Validus yesterday reported $173.4 million in profits for the first quarter of the year.
That is equivalent to $1.98 per share, compared to $162.4 million, or $1.66 per share, for the first three months of 2014.
Validus ...
DATE: Apr 30, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The key role Bermuda’s insurance and reinsurance sector played in assisting New Orleans to rebuild and recover after the devastating damage caused by Hurricane Katrina in 2005 was recalled at this week’s RIMS event, held in the Louisiana city.
Some 1...
DATE: Apr 29, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
