76413 results returned for search: "" category "Business"
Exor has increased its offer for PartnerRe Ltd to about $6.8 billion, as it tries to derail the Bermuda reinsurer’s planned merger with Axis Capital Holdings Ltd.
Exor, the investment vehicle of Italy’s billionaire Agnelli family, now plans to pay $1...
DATE: May 12, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Ace Foundation has congratulated intern and scholarship recipient Andrew Fleming on achieving another academic milestone. He is the 2015 valedictorian at Mount Sant Vincent University in Halifax, Canada.
Mr Fleming has maintained a perfect GPA gr...
DATE: May 12, 2015
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CATEGORY:
Reinsurance
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Getting around to see the sights and beaches of the East End just got easier, thanks to a new minibus enterprise in St George’s.
The hop on, hop off bus service allows visitors and locals to comfortably reach places such as Tobacco Bay, Fort St Cathe...
DATE: May 11, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
WASHINGTON (Bloomberg) — More Americans living outside the US gave up their citizenship in the first quarter of 2015 than ever before, according to data released by the IRS.
The 1,335 expatriations topped the previous record by 18 per cent, according...
DATE: May 11, 2015
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CATEGORY:
Other
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Six insurance-related registrations and one intermediary were confirmed by the Bermuda Monetary Authority during April. Among them were Parex Bermuda (Insurance) Ltd, a Class 1 insurer, Quantum Insurance Company Ltd, a Class 2 insurer, and Novae Berm...
DATE: May 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Three stocks finished the week lower and one higher on The Royal Gazette/BSX Index.
Devonshire Industries’ stock improved by $1.01 (20.2 per cent) to close at $6.00 after 700 shares changed hands.
In the insurance sector, Argus Group fell 40 cents (1...
DATE: May 11, 2015
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CATEGORY:
Bermuda Stock Exchange
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Entrepreneurs who have a vision for attracting visitors to Bermuda, or ways to enhance the visitor experience, are being invited to step forward and learn how they can get a grant of up to $75,000 to pursue their ideas.
And to help make the process a...
DATE: May 11, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Enstar Group Ltd reported a sharp increase in first-quarter profits as it announced the departure of its chief financial officer.
The Bermuda insurer, which specialises in acquiring and managing businesses in run-off, reported net earnings of $44.8 m...
DATE: May 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The former chief executive officer of Citibank has been appointed as the new chairman of XL Group plc.
Eugene McQuade, who has been a director of XL since 2004, will succeed Robert Glauber, the global business insurer said.
Mr Glauber, who has served...
DATE: May 11, 2015
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CATEGORY:
Reinsurance
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Butterfield Bank was the only stock to trade on the Bermuda Stock Exchange today.
The bank’s share price remained on $1.90 as 5,900 of its shares changed hands.
The Royal Gazette / BSX Index remained at 1,308.04, as turnover totalled $11,210.
The BSX...
DATE: May 11, 2015
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CATEGORY:
Bermuda Stock Exchange
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