76418 results returned for search: "" category "Business"
Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition.
The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank was the lone domestic-board company to trade on the Bermuda Stock Exchange today, with 31,229 of its shares changing hands.
The bank’s share price fell one cent (0.5 per cent) to $1.97.
The Government of Bermuda $50 million bond also...
DATE: Apr 01, 2015
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CATEGORY:
Bermuda Stock Exchange
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A series of roadshows for budding retailers is set to kick of tomorrow.
The Bermuda Economic Development Corporation (BEDC) will hold three seminars across the Island aimed at assisting existing small vendors and those who want to break into the busi...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Impact. There are things that happen in our lives that have significantly more impact and affect us more than others. These are the things that affect our ability to think clearly and to see our way into the future. When such events occur it is impor...
DATE: Mar 31, 2015
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CATEGORY:
Other
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A green energy firm has teamed up with a cleaning company to boost business for both.
Now Power Savers, headed by businessman Mohamed Hamza, will work with Atlantic Cleaning Services, run by brothers Ellison and Allen Ferreira, to make sure businesse...
DATE: Mar 31, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Cayman Islands are pulling themselves out of recession on the back of increased immigration.
And yesterday economist and consultant Peter Everson said Bermuda could take a leaf out of the Cayman book and do more to cut the country’s debt and boos...
DATE: Mar 31, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Energy sector mutual insurer Oil Insurance Ltd racked up profits of $731 million in 2014, as it had its best underwriting year.
The Bermuda-based company said its directors had also agreed to pay out a dividend totalling $400 million to shareholders....
DATE: Mar 31, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bank of Butterfield today rose one cent to $1.98 after 21,500 shares traded on the Bermuda Stock Exchange.
The bank ended the day 0.5 per cent up on the previous day’s trading.
Telecoms firm KeyTech saw 17 shares move, leaving its price unchanged...
DATE: Mar 31, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Endurance Specialty Holdings Ltd has agreed to acquire fellow Bermuda-based reinsurer Montpelier Re Holdings Ltd in a $1.83 billion deal.
The new combined company will be run by Endurance’s senior management team from its headquarters in Waterloo Hou...
DATE: Mar 31, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
KeyTech Ltd shares lost a quarter of their value during the past trading week, as The Royal Gazette/BSX Index slumped by almost 1.5 per cent.
Telecommunications firm KeyTech finished the week on a 52-week low of $3, down $1 for the week, on the tradi...
DATE: Mar 30, 2015
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CATEGORY:
Bermuda Stock Exchange
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