75898 results returned for search: "" category "Business"
A total of 273,900 shares worth a total of $587,485 traded on The Royal Gazette/BSX.
Bank of Butterfield saw 251,500 shares change hands, moving its closing price down one cent (0.05 per cent) at $1.99.
Telecoms firm KeyTech had 18,000 shares move, w...
DATE: Jan 07, 2015
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CATEGORY:
Bermuda Stock Exchange
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Hamilton Insurance Group has appointed Wendy Davis Johnson as chief communications officer.
The former global communications senior vice president at Ace has 25 years of experience in marketing communications and brand development.
Ms Davis Johnson w...
DATE: Jan 07, 2015
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CATEGORY:
Reinsurance
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It was lucky 13 for the Bermuda Stock Exchange (BSX) in 2014.
The Royal Gazette/BSX Index closed 12.99 per cent up on 2013, ending the year at 1,357.12 points, driven by an increase of about one third in the share price of the index’s biggest compone...
DATE: Jan 06, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
A $75 million special purpose reinsurer has been launched to back a major UK-based firm.
Bermuda-based Versutus will reinsure a share of global British company Brit Insurance’s property catastrophe excess of loss portfolio.
It is capitalised by a num...
DATE: Jan 06, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shareholders of Bermuda-domiciled CatCo Reinsurance Opportunities Fund Ltd have benefited from a handsome return thanks to a lack of reinsurance claims.
The fund announced yesterday that it will pay a 5.9 cent dividend and additionally proposed a “re...
DATE: Jan 06, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Optimism. As we look forward to the first week of a new year most of us are filled with optimism as to what we can accomplish in what is a new opportunity to create our futures. It is like pressing the “reset” button. The past is prologue and your ab...
DATE: Jan 06, 2015
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CATEGORY:
Other
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More than 51,400 shares valued at $118,302 changed hands on The Royal Gazette/BSX Index today.
A total of 41,401 Bank of Butterfield shares moved, leaving the share price one cent (0.5 per cent) up at $2.
And telecoms firm KeyTech saw 10,000 shares s...
DATE: Jan 06, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
A major shake-up of the global reinsurance industry will get underway this year, industry experts have predicted.
Falling rates, improved terms and conditions, oversupply of capital continuing to outstrip demand and several years of little loss activ...
DATE: Jan 05, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A series of think tanks aimed at cutting the cost of power is to be held in the New Year, Ascendant has revealed.
In a letter, Walter Higgins, CEO of the parent company of electricity firm Belco, said: “In the meantime. our company continues to devel...
DATE: Jan 05, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Two stocks advanced and two declined on The Royal Gazette/BSX Index last week, resulting in the Index closing at 1,357.71, up 3.59 (0.26 per cent).
Shares in Bermuda Press (Holdings), the parent company of this newspaper, rose 50 cents (7.1 per cent)...
DATE: Jan 05, 2015
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CATEGORY:
Bermuda Stock Exchange
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