76413 results returned for search: "" category "Business"
A new $300 million catastrophe bond has been admitted for listing on the Bermuda Stock Exchange.
Bermuda-based special purpose insurer Everglades Re II Ltd has issued the Series 2015-1 notes, which have a due date of May 3, 2018.
The issuance will pr...
DATE: May 08, 2015
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CATEGORY:
Reinsurance
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Internet users in Bermuda are concerned about what they perceive as slow connection speeds and high costs, and most would prefer to have a single provider for both internet access and service.
Those are the findings of a survey conducted on behalf of...
DATE: May 07, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The Employment Act 2000 (the “Act”) promotes the fair treatment of both employers and employees in Bermuda by establishing minimum employment standards and enforcing those standards through the Employment Tribunal (the “Tribunal”).
The majority of cl...
DATE: May 07, 2015
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CATEGORY:
Other
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Bermuda-based Validus Holdings Ltd is celebrating its tenth birthday this year in a markedly different reinsurance market from the one in which it was born.
To mark a decade of strong growth, the company is holding a party for clients at Pier 6 on Fr...
DATE: May 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Bermuda Press (Holdings) Ltd, the parent company of this newspaper, fell by 50 cents (6.7 per cent) to close at $7 on The Royal Gazette/BSX Index after 2,800 were traded.
No other stocks were traded, with the Index closing at 1,320.85, down...
DATE: May 07, 2015
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CATEGORY:
Bermuda Stock Exchange
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Two roadshow events in Canada to promote Bermuda as the jurisdiction of choice for captive insurance companies and e-commerce business have been hailed a success.
The Bermuda Business Development Agency (BDA) hosted the sessions in Toronto and Calgar...
DATE: May 07, 2015
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CATEGORY:
Other
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Bermuda-based White Mountains Insurance Group took a hit from exchange rates in the first quarter as the strong US dollar impacted its overseas earnings.
The group, which includes the OneBeacon insurance company, reinsurer the Sirius Group, and bond ...
DATE: May 06, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Despite a degree of uncertainty hanging over the future use of the top-floor office space at Washington Mall after the merger between tenant Catlin Group and XL Group, things are looking more promising for the city centre retail and office space hub ...
DATE: May 06, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda could host a second Transcontinental Trusts forum next year after the success of last month’s event at the Fairmont Southampton, which marked the first time the Transcontinental Trusts franchise has held a forum outside Europe.
“The passion a...
DATE: May 06, 2015
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CATEGORY:
International Business
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Shares of Butterfield Bank slipped five cents (-2.6 per cent) to close at $1.90 after 2,900 changed hands on The Royal Gazette/BSX Index.
Some 11,700 shares of BF&M were traded, but with no change to the closing price of $18. Likewise, 200 shares of ...
DATE: May 06, 2015
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CATEGORY:
Bermuda Stock Exchange
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