75889 results returned for search: "" category "Business"
Bermuda insurance firm BF&M has sold off its international insurance arm.
The firm said it had offloaded Bermuda International Insurance Services to European life insurance firm Valor Group.
The BF&M business unit has now merged with the VL Assurance...
DATE: Apr 23, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 29,675 shares worth $75,969 traded on The Royal Gazette/BSX.
Telecoms firm KeyTech saw 17,000 of its shares change hands, leaving its price unchanged at $3.
The Bank of Butterfield’s price remained at $1.97 after 12,675 of its shares moved...
DATE: Apr 23, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s would-be business tycoons are key to the economic future of the country, the Chamber of Commerce heard yesterday.
And Dennis Fortnum, the Canada-based global head of KPMG Enterprise, which specialises in business start-ups, said that Island...
DATE: Apr 22, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance giant Ace yesterday posted first quarter profits of $681 million — down $53 million on the same period last year.
The firm reported operating after-tax operating income of $745 million for the three months to the end of March, down 4.2 per ...
DATE: Apr 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Clarien Bank bosses have apologised to customers and staff for the “doubt and confusion” of a 15-month period of upheaval.
Their comments come two weeks after the announcement that the Gibbons family — through its investment company Edmund Gibbons Lt...
DATE: Apr 22, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings achieved a profit of $128 million in the first quarter of this year, up from the $120.4 million reported over the same period last year,
the Bermuda-based insurance and reinsurance company has reported net income of $1.87 per...
DATE: Apr 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Allied World Assurance Company got off to a strong start in 2015, said president and CEO Scott Carmilani, as he commented on first quarter results that included a combined ratio of 88.1 per cent, up from 79.9 per cent during the same period last year...
DATE: Apr 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda will soon be home to a regional branch of the 100 Women in Hedge Funds (100WHF) organisation. It has taken only three months for the fledgling Bermuda group to attract 100 members — the minimum requirement to create a regional location of the...
DATE: Apr 22, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Royal Gazette/BSX Index rose 2.08 points (0.15 per cent) to close at 1,358.44 after two stocks climbed in value.
Bermuda Press (Holdings) Ltd, the parent company of this newspaper, improved by 50 cents (7.1 per cent) to close at $7.50 after 100 s...
DATE: Apr 22, 2015
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CATEGORY:
Bermuda Stock Exchange
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A fun commercial has been created to promote Warwick Gas Station, with the production team behind the popular Bermuda Happy video creating the latest entertaining video.“We’re always trying to stay ahead of the game with ways to bring the community t...
DATE: Apr 22, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil