76407 results returned for search: "" category "Business"
A family-owned Bermuda insurance firm has notched up an incredible 200 years in business.
CNA Butterfield was founded in 1815 — the year the Duke of Wellington defeated Napoleon at the Battle of Waterloo — and is still going strong.
Nathaniel Butterf...
DATE: Jul 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The use of phones and tablets to make business payments is on the increase in Bermuda, according to the Island’s largest bank.
HSBC said its HSBCnet mobile, introduced to the Island last year, was becoming popular with corporate treasurers and chief ...
DATE: Jul 03, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda bank has backed the arts by awarding scholarships to a trio of students involved in the creative arts.
Studio art student Nalani Dowling, videography and photography student Kyle Simmons and singer Kioshi Burgess will get support from Clar...
DATE: Jul 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm KeyTech dropped 35 cents (12.3 per cent) to $2.50 after 20,000 of its shares traded on The Royal Gazette/BSX.
And the Bank of Butterfield was up five cents (three per cent) to $1.70 after 19,945 of its shares changed hands.
Utilities fi...
DATE: Jul 03, 2015
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CATEGORY:
Bermuda Stock Exchange
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By Jonathan Kent
A spike in demand for reinsurance in Florida is helping parts of the property-catastrophe reinsurance market to stabilise, according to broker Willis Re.
The view, expressed by Willis Re Global chief executive officer John Cavanagh, ...
DATE: Jul 02, 2015
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) — Evan Greenberg just took deal-making to the next level.
The chief executive officer of property-and-casualty insurer Ace Ltd on Wednesday announced a $28 billion deal for rival Chubb Corp. It’s the biggest acquisition in the in...
DATE: Jul 02, 2015
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CATEGORY:
Reinsurance
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When a person who owns shares in a Bermuda company dies, the person’s shares must be transferred into the name of his or her beneficiary. This is true whether the shares are in a local company, or in an exempted company.
The requirements for making s...
DATE: Jul 02, 2015
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CATEGORY:
Other
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A Front Street mainstay of the tourist trade is celebrating its 20th anniversary.
Onion Jack’s Trading Post has notched up the milestone and is still going strong — despite a long-term downturn in tourist numbers.
And owner Richard Lines, who inherit...
DATE: Jul 02, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Law firm Conyers Dill & Pearman played a role in three air financing deals that have won awards from Airfinance Journal.
The Bermuda firm represented participants in the transactions, giving law and legal advice. The deals were hailed at Airfinance J...
DATE: Jul 02, 2015
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CATEGORY:
Other
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A total of 38,600 shares, worth $76,460, traded on the The Royal Gazette/BSX.
The Bank of Butterfield’s price was unchanged at $1.65 after 29,000 shares changed hands.
Telecoms firm KeyTech was up nine cents (3.24 per cent) at $2.85 after 9,100 share...
DATE: Jul 02, 2015
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CATEGORY:
Bermuda Stock Exchange
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