77109 results returned for search: "" category "Business"
KeyTech Group of Companies made a loss of $3.1 million for the six-month period that ended on September 30. This compared with a loss of $19.9 million for the same period in 2014. When normalised for the loss on the sale of Bermuda Telephone Company,...
DATE: Dec 30, 2015
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CATEGORY:
Local Business
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US Democratic presidential hopeful Bernie Sanders has pledged a crackdown on tax avoidance involving Bermuda and other offshore jurisdictions.
Mr Sanders, currently trailing Hillary Clinton in the race for the nomination as presidential candidate, ma...
DATE: Dec 29, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Company directors would be better positioned to make decisions in a fast-changing world if they consult with an “under-25 mentor”.
That is the view of Charlotte Valeur, a corporate governance adviser, who believes that understanding how young people ...
DATE: Dec 29, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index ended last week fairly flat, closing at 1,313.24, down 21.22 points (1.61 per cent).
The total value of shares traded was just under $142,000.
Shares of BF&M rose 19 cents (1.1 per cent) to close at $17.19 after 800 were t...
DATE: Dec 29, 2015
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CATEGORY:
Bermuda Stock Exchange
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SAC Capital Advisors LP — the now defunct hedge fund that set up a Bermuda reinsurer in 2012 — agreed to pay $10 million to end a lawsuit by Wyeth LLC shareholders who claimed they lost money because SAC engaged in insider trading.
A pension fund for...
DATE: Dec 29, 2015
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CATEGORY:
Reinsurance
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Squeezed investment returns in the ultra-low interest-rate environment will be one of the major operating challenges facing property and casualty (P&C) insurers in the year ahead, according to credit rating agency Fitch.
Investment yields in insurers...
DATE: Dec 29, 2015
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CATEGORY:
Reinsurance
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Dare2Be might just be Carol Smith’s last hope.
She is one of 13 women the charity is helping prepare for the job market.
Those involved benefit from months of academic and technical training however the programme needs continual funding.
A massive fu...
DATE: Dec 29, 2015
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CATEGORY:
Bermuda Works
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A total of 18,100 shares worth $40,995 traded on the Bermuda Stock Exchange today.
The Bank of Butterfield was unchanged at $1.95 after 16,100 shares changed hands.
Untilities group Ascendant was also unchanged at $4.80 after 2,000 shares moved.
The ...
DATE: Dec 29, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based insurance services company Randall & Quilter Investment Holdings (R&Q) has rounded off 2015 with a flurry of deals.
On Christmas Eve, the firm announced the novation of liabilities for policy years 2000—2003 from Golden Rule Ltd, a Caym...
DATE: Dec 28, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The last day of trading before the Christmas holiday was a quiet on the Bermuda Stock Exchange.
The only stock to trade was Butterfield Bank, which remained unchanged on $1.95 as 3,000 shares changed hands.
The Royal Gazette/BSX Index closed unchange...
DATE: Dec 28, 2015
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CATEGORY:
Bermuda Stock Exchange
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