76411 results returned for search: "" category "Business"
Many things have changed since 27th Century Boutique opened its doors in 1975, but the Hamilton clothing shop is still going strong and this week it is celebrating 40 years in business.
Owner Sharon Bartram has been involved since the beginning, devo...
DATE: Jun 11, 2015
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Bermuda is on track to get a seal of approval from the European Union, a top insurance figure said yesterday.
Albert Benchimol, the CEO of Axis Capital Holdings, said Bermuda had earned the right to full equivalency with the EU under its Solvency II ...
DATE: Jun 11, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance giants Tokio Marine has agreed to buy up a US firm for $7.5 billion.
Tokio Marine Holdings’ subsidiary Tokio Marine and Nichido Fire Insurance Co have agreed terms with HCC, a Texas-based insurance holding company.
Tokio — which operates To...
DATE: Jun 11, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield has equalled its low for the past year after trading closed on The Royal Gazette/BSX yesterday.
The bank’s price fell five cents (three per cent) to $1.60 after 36,500 shares worth $58,970 changed hands in the sole trade of th...
DATE: Jun 11, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
A new insurance and reinsurance firm has set up with a massive $1.5 billion in equity — one of the largest capital raises on record.
Fidelis Insurance has opened its doors after a cash injection from three private equity firms — Crestview Partners, C...
DATE: Jun 10, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Tens of thousands of jobs are to be axed globally by HSBC, it was announced yesterday.
However, what impact those cuts will have on the bank’s operations in Bermuda, if any, is not known. A spokeswoman for HSBC Bermuda said the bank had no comment at...
DATE: Jun 10, 2015
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
A former White House cyber security expert has warned that Bermuda is a plum target for computer criminals.
And she said that Government and the private sector would need to work together on the massive and expensive job of making the Island’s networ...
DATE: Jun 10, 2015
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Finance Minister Bob Richards yesterday told a conference of insurers and reinsurance leaders that offshore jurisdictions — “the dots on the map” — had been under increasing attack and branded as tax havens.
But he added: “I'm here to tell you today...
DATE: Jun 10, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The Argus Group has entered a strategic partnership with Cancer Treatment Centers of America (CTCA).
The arrangement offers Argus Health clients preferred access to CTCA services for cancer treatment or a second opinion for those who wish to gather ...
DATE: Jun 10, 2015
|
CATEGORY:
Other
|
Reinsurance firm Aspen Re has appointed a new head of portfolio analytics.
Douglas De Couto joins Aspen Re from RenaissanceRe, where he was assistant vice president in corporate risk.
Aspen Re CEO Stephen Postlewhite said: “Douglas has a proven track...
DATE: Jun 10, 2015
|
CATEGORY:
Reinsurance
|
