76413 results returned for search: "" category "Business"
Italian investment company Exor yesterday said it was prepared to discuss its $6.8 billion offer for target PartnerRe — but only if the Bermuda firm’s board agrees the rival offer is a better deal than a proposed merger with Axis Capital.
And it deli...
DATE: May 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Academic excellence and a wide variety of interests that include musicianship, sports and youth leadership, are among the qualities that have landed teenager Shamar Morris the 2015 XL Catlin Scholarship.
The former Somersfield Academy high honours st...
DATE: May 22, 2015
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CATEGORY:
Reinsurance
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A Bermuda insurer and reinsurer is to list its shares on the Nasdaq Capital Market.
Till Capital Ltd will start trading on Nasdaq next Tuesday.
Till chairman and CEO William Sheriff said: “We are extremely pleased to be listed on the Nasdaq stock mar...
DATE: May 22, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
It hasn’t taken long for a one-man business selling smartphone accessories at a shopping mall kiosk to expand and quickly move into a retail unit before relocating again, a month ago, into an even larger shop space.
That’s the journey Kenneth Pembert...
DATE: May 22, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Fitch Ratings last night said it had affirmed its credit rating on Bermuda Government debt at A+.
The New York-based rating agency also withdrew the rating “for commercial reasons”, an explanation that usually means the agency is no longer being reta...
DATE: May 22, 2015
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CATEGORY:
Other
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Bermuda speciality reinsurer MultiStrat has bought up a US company, it announced last night.
The Island-based firm has taken over Annapolis Consulting Group (ACG), a Maryland international consultancy business that provided services to the reinsuranc...
DATE: May 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Professional services firm PwC is to be the official provider of accounting services to the America’s Cup and defending champions Team Oracle USA.
And the global firm, which will provide professional services to the America’s Cup Event Authority (ACE...
DATE: May 22, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
PartnerRe is to ask its shareholders to back the merger deal with Axis Capital over a $6.8 million rival bid from Italian investment firm Exor.
The move came after PartnerRe and Exor were unable to thrash out terms to allow a meeting between the two ...
DATE: May 22, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bank of Butterfield was up 24 cents (14.5 per cent) at $1.89 after 8,400 shares traded on The Royal Gazette/BSX.
A total of 22 Bank of Butterfield preference shares also sold, leaving the price unchanged at $1,135.
The Royal Gazette/BSX closed 10...
DATE: May 22, 2015
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CATEGORY:
Bermuda Stock Exchange
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A new creative studio has opened up Hamilton.
Uber Super Duper — in Front Street’s Somer’s Building — aims to work with both local and international clients.
Founder and creative director Sami Lill — who moved to the Island last year with Bermudian w...
DATE: May 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
