76418 results returned for search: "" category "Business"
Veteran insurance chief Richard Brindle is set to head up a new $2 billion insurance venture on the Island.
Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will lead Fidelis Insurance Holdings, according to reports.
The new firm is bac...
DATE: Mar 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecommunications firm KeyTech hit its one-year low on the Bermuda Stock Exchange today.
The firm saw 17,000 shares change hands — leaving its price down 20 cents (6.3 per cent) at $3.
The Bank of Butterfield also matched its 52-week low after 5,000...
DATE: Mar 27, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new player in the real estate industry is aiming high — with ambitions of founding a family property dynasty.
Ambika Scott, 36, launched her own Moongate Realty after several years in real estate with other companies.
And now she’s looking forward ...
DATE: Mar 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
OSLO (Bloomberg) — Billionaire John Fredriksen has sailed through troubled waters before. This time, he plans to make the most of a brutal downturn in offshore drilling amid a slump in oil prices and a glut of new rigs.
Bermuda-based Seadrill Ltd sai...
DATE: Mar 26, 2015
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CATEGORY:
International Business
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A beacon of fine dining is set to shine again from tomorrow.
For the Dining Room at Gibbs Hill Lighthouse in Southampton is to reopen tonight after severe damage caused by Hurricane Gonzalo last October.
And Odilio Angeli, boss of Dining Bermuda, whi...
DATE: Mar 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
There was just one trade on Bermuda Stock Exchange today.
A total of 600 shares in communications firm KeyTech changed hands, leaving its price unchanged at $3.20.
The Royal Gazette/BSX Index closed unchanged at 1,348.85 and the Bermuda Insurance Ind...
DATE: Mar 26, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda could carve out a huge chunk of a new market for cyber insurance, experts said yesterday.
They were speaking after the UK government issued a report on joint initiatives with the insurance sector to tackle cyber risk — and make the UK a world...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Hamilton luggage and leather goods store Harbourmaster yesterday notched up 40 years in the business.
But owner Sheilagh Robertson, a former science teacher at the Berkeley Institute, admitted she had no business experience before taking the plunge i...
DATE: Mar 25, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) — Maurice “Hank” Greenberg’s Starr International Co and the US filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc, setting the stage for next month’...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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Bermuda reinsurers could benefit after the Florida hurricane catastrophe fund yesterday backed the transfer of $2.2 billion in risk to the private sector.
And Brad Kading president of the Association of Bermuda Insurers and Reinsurers (ABIR) said: “A...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
