75894 results returned for search: "" category "Business"
Insurance and reinsurance broker Willis Group Holdings has announced industry veteran Paul Scope will head up its Bermuda operation.
Mr Scope has been appointed chairman of Willis Bermuda and he will oversee Willis’s risk adviser, insurance and reins...
DATE: Apr 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based company has bought a chain of supermarkets in Macau.
Dairy Farm, part of the Bermuda-based Jardine Matheson empire, has acquired San Miu supermarkets, which operates 15 large stores in the former Portuguese colony, near Hong Kong.
Dai...
DATE: Apr 01, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Oil Casualty Insurance posted profits of $3.6 million for last year.
And the firm reported record premiums written of $174 million, as well as shareholder equity of $533 million.
Oil Casualty Insurance Ltd (OCIL) president and CEO Robert Stauffer sai...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
In my opinion health insurance is probably one of the most misunderstood forms of insurance and often an easy target for unfair criticism.
Some people see ObamaCare as a result of President Obama accusing the health industry in the USA of applying ex...
DATE: Apr 01, 2015
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CATEGORY:
Other
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Bermuda-based International General Insurance (IGI) has been upgraded by a ratings agency from BBB+ to A-.
Standard & Poor’s also gave the firm a stable outlook.
Chief executive officer Wasef Jabsheh said: “This rating is a reflection on our strong r...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Caymans business leader yesterday outlined the island chain’s recipe for success.
Anthony Travers, chairman of the Cayman Islands Stock Exchange and senior partner in law firm Travers Thorp Alberga, said the Caribbean chain had learned from past mi...
DATE: Apr 01, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition.
The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank was the lone domestic-board company to trade on the Bermuda Stock Exchange today, with 31,229 of its shares changing hands.
The bank’s share price fell one cent (0.5 per cent) to $1.97.
The Government of Bermuda $50 million bond also...
DATE: Apr 01, 2015
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CATEGORY:
Bermuda Stock Exchange
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A series of roadshows for budding retailers is set to kick of tomorrow.
The Bermuda Economic Development Corporation (BEDC) will hold three seminars across the Island aimed at assisting existing small vendors and those who want to break into the busi...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Impact. There are things that happen in our lives that have significantly more impact and affect us more than others. These are the things that affect our ability to think clearly and to see our way into the future. When such events occur it is impor...
DATE: Mar 31, 2015
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CATEGORY:
Other
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