75897 results returned for search: "" category "Business"
A rescue package to save struggling broadcaster Bermuda Broadcasting Company (BBC) will buy out the company’s investors for ten cents a share, The Royal Gazette can reveal.
Mayfair Ltd — like the BBC, controlled by the Perry family — has kept the TV ...
DATE: Jan 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
New investment has boosted the assets in Hiscox’s Bermuda-based Kiskadee insurance-linked strategies funds to more than $400 million.
And Hiscox said investors have committed to inject more capital by the time reinsurance renewals take place next sum...
DATE: Jan 21, 2015
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CATEGORY:
Reinsurance
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Global markets will face a major shake-up this year, a professional services firm chief said yesterday.
Arthur Wightman, head of the Bermuda office of PwC, said changes in technology and the need to compete in new markets would change the face of bus...
DATE: Jan 21, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Two Bermuda air conditioning salesmen have won international awards.
Air Care staff Marlyn Kelch and Reggie Weeks both won Linc Diamond Awards for hitting more than $2.3 million in sales in a year.
Mr Kelch — a five-time winner in the annual awards —...
DATE: Jan 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
City living inspired by the loft apartments of New York City could become a reality for Hamilton as early as next year.
A derelict, 100-year-old building on Burnaby Street is earmarked for an ambitious make-over that will transform it into four one-b...
DATE: Jan 21, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Conyers Dill & Pearman employees Coralie Hayward, Louise Payne and Franzine Smith have between them worked for the law firm for a total of 130 years.
Ms Hayward and Ms Smith have each worked for Conyers for 45 years, while Ms Payne has been with the ...
DATE: Jan 21, 2015
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CATEGORY:
Other
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Two stocks declined on The Royal Gazette/BSX Index, contributing to a drop of 30.25 points (2.18 per cent) for the index, which closed the day at 1,361.04.
Bermuda Aviation Services’s shares fell 47 cents (15.7 per cent) to $2.53 after 5,000 were tra...
DATE: Jan 21, 2015
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CATEGORY:
Bermuda Stock Exchange
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The number of work permits granted each year dropped by more than 6,800 in just six years, according to Government statistics released yesterday.
The report showed that the estimated number of work permits issued peaked at 18,131 in 2007 — but had dr...
DATE: Jan 20, 2015
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Third Point Re’s US arm has been assigned an A- financial strength rating by ratings agency AM Best.
Best, which also gave an issuer credit rating of a- to Third Point Reinsurance (USA) Ltd (TPRUSA), said the ratings were based on strong risk-adjuste...
DATE: Jan 20, 2015
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CATEGORY:
Reinsurance
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A Bermuda Institute team of wheelers and dealers are top of the table in an investment challenge for schools.
The Tradewins team has pulled ahead of first-month leaders Checkerboards from CedarBridge Academy and is one of only three teams in the KPMG...
DATE: Jan 20, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
