75895 results returned for search: "" category "Business"
The Bank of Butterfield fell one cent (0.5 per cent) to $1.99 after 17,133 of its shares traded on The Royal Gazette/BSX.
A total of 1,000 shares in Ascendant Group, the parent of power firm Belco, also sold, leaving the firm up 10 cents (1.8 per cen...
DATE: Mar 05, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
Bermuda firms could save hundreds of thousands of dollars by fine-tuning custom software to increase processing speed, an industry expert said yesterday.
Dmitry Mnushkin, president of Treefrog Consulting, said a review and code optimisation could be ...
DATE: Mar 04, 2015
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
It’s often prudent to take investment predictions with a pinch of salt, but you might only need the lightest touch of the shaker where Mozamil Afzal’s predictions are concerned.
He had more hits than misses with his 2014 outlook, and he exhibited con...
DATE: Mar 04, 2015
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
One of the first true reinsurance sidecars, Olympus Re Holdings Ltd, is being voluntarily wound up 14 years after it was created.
The pioneering firm was set up in Bermuda in 2001.
It was initially backed with $500 million in capital from investors t...
DATE: Mar 04, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Scott Neil
A Bermuda fund administrator has passed the $3 billion mark in assets under administration after only three years in business.
ILS Fund Services — which provides fund administration and valuation services to funds that invest in insurance linked secu...
DATE: Mar 04, 2015
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Two Pembroke gas stations have been taken over by the Terceira family.
The family already own the Terceira gas station on North Shore Road and the RUBIS Warwick gas station. They have now expanded to become the operators of the East Broadway and St J...
DATE: Mar 04, 2015
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil
A total of 38,200 shares worth $85,150 yesterday traded on The Royal Gazette/BSX.
The Bank of Butterfield saw 35,700 shares sold, leaving its price unchanged at $2.
And Ascendant Group, the parent of power firm Belco, ended the day 10 cents down (1.8...
DATE: Mar 04, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
Bermuda-based Hiscox has no plans to join the merger spree occurring in the reinsurance market.
The London-listed insurer and reinsurer, which yesterday reported a £231.1 million ($355 million) pre-tax profit for 2014, down more than 5 per cent from ...
DATE: Mar 03, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Profits at Enstar Group rose by more than $5 million in 2014, the firm has revealed.
Enstar — which specialises in acquiring and managing insurers in run-off — reported net earnings of $213.7 million for 2014, compared to $208.6 million the year befo...
DATE: Mar 03, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The marketing chief of Bermuda-based Bacardi has been listed as one of the top in his field in an international awards scheme run by professional magazine Advertising Age.
Chief marketing officer Dmitry Ivanov has made the magazine’s “40 under 40” li...
DATE: Mar 03, 2015
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
