77111 results returned for search: "" category "Business"
A total of 2,000 shares worth $21,450 traded on The Royal Gazette/BSX Index.
Insurance firms Argus and BF&M both saw 1,000 shares move.
BF&M’s price went up 25 cents (1.5 per cent) to $17.45, while Argus’ price went up 10 cents (2.6 per cent) to $4.
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DATE: Aug 17, 2015
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CATEGORY:
Bermuda Stock Exchange
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With the assumption that Bermuda shares similar statistics based on culture and belief similarities consider the following data.
More than 90 per cent of all Americans will marry at some point in their lives. Fifty per cent of marriages will end in d...
DATE: Aug 15, 2015
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CATEGORY:
Personal Finance
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Dear Dave,
I’m 61 and on disability, but I’m completely debt-free and I have more than $1 million in assets. I even try to spend no more than four per cent of the principal each year, so I don’t dip into it. I need to buy a better car, and I realise ...
DATE: Aug 15, 2015
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CATEGORY:
Personal Finance
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A Bermuda-based management services firm is taking on the world — with plans to expand into the Cayman Islands.
Management Solutions, which opened three years ago and already has an office in the UK, now employs 25 people around the world.
Founder Do...
DATE: Aug 14, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Global insured losses for the first half of this year have plunged to $16.5 billion, which is close to half the ten-year average of $29 billion.
That is the finding of Swiss Re, the world’s second-largest reinsurer, in its preliminary estimates for t...
DATE: Aug 14, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda has signed up for an international catastrophe insurance scheme designed to cover the Island and the Caribbean for natural disasters.
The Island is one of 16 members of the Caribbean Catastrophe Insurance Facility (CCRIF), a not-for-profit sc...
DATE: Aug 14, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
HSBC Bank Bermuda has been named as the Bermuda winner of Global Finance’s best digital banks competition.
In the North America section of the contest, HSBC was one of three winners announced in the first round of the contest. Citi has been declared ...
DATE: Aug 14, 2015
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CATEGORY:
Other
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Shares worth more than $1 million traded on The Royal Gazette/BSX Index.
A total of 128,062 Bank of Butterfield shares sold, leaving its price down five cents (2.8 per cent) at $1.75.
And 50,000 shares in financial services holding firm Somers Ltd, w...
DATE: Aug 14, 2015
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Reuters) — Bermuda-based insurers may be among the bidders as US bank Wells Fargo & Co prepares to divest its crop insurance business, one of the biggest in the US.
According to sources with knowledge of the matter, the bank has launched an...
DATE: Aug 13, 2015
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CATEGORY:
Reinsurance
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Ratings agency AM Best has withdrawn its rating on Bermuda-based hedge fund-backed reinsurer PaCRe at the company’s request.
PaCRe, backed by the John Paulson hedge fund and Validus Re, was placed under review with negative implications in January du...
DATE: Aug 13, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
