75895 results returned for search: "" category "Business"
A Bermuda legal firm has been named in documents that contain allegations Russian oil tycoons are funding anti-fracking campaigns in the US.
Wakefield Quin, based in Hamilton’s Victoria Street, is the home of Bermuda-based Klein Ltd which paid millio...
DATE: Jan 30, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The mega-merger between reinsurance firms Axis and PartnerRe has been given the thumbs up by a ratings agency.
Moody’s gave the deal a positive rating — and placed Axis’ rating on review for an upgrade.
Moody’s said: “The combination of the two platf...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new health and fitness programme has been launched by Bermuda insurance company Argus.
It has teamed up with Johns Hopkins Medicine International in a bid to cut the cost of healthcare by tackling preventable problems like obesity, which can lead t...
DATE: Jan 30, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance and reinsurance firm Validus has reported profits of $481.3 million for last year — down from $532.7 million the year before.
Validus chairman and CEO Ed Noonan said: “During 2014, Validus delivered an impressive 13.2 per cent...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has launched a bid to land a multinational insurance and financial services firm from Barbados that is looking for a new home, The Royal Gazette can reveal.
The Caribbean firm Sagicor has signalled that it wants to relocate after ratings agen...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Law firm Appleby has been recognised at a UK awards ceremony for its work involving a progressive transaction to provide African Union member countries with insurance coverage against climate-related risks.
A team from Appleby Bermuda picked up ‘Most...
DATE: Jan 30, 2015
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CATEGORY:
International Business
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Bermuda financial technology start-up Trunomi last night received a prestigious international accolade at a ceremony in London.
The company, headed by founder and chief executive officer Stuart Lacey, was selected from around 800 applicants as one of...
DATE: Jan 30, 2015
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
A Bermuda design company has been honoured in an international competition.
Cosmic was awarded an honourable mention for its production of the Oil Casualty Insurance annual report for 2013.
Sean Collier, who founded the firm in 2002, said: “It’s rewa...
DATE: Jan 30, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Trading remained light on The Royal Gazette/BSX Index with only 50,000 shares of Butterfield Bank changing hands.
The closing price for the stock remained unchanged at $1.99.
The Index stayed unchanged at 1,364.08.
The BSX Insurance Index was down 20...
DATE: Jan 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Enstar Group Ltd has completed the acquisition of Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina.
Enstar, a specialist in acquiring and managing insurers that have stopped writing ne...
DATE: Jan 29, 2015
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CATEGORY:
Reinsurance
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