75898 results returned for search: "" category "Business"
With Cahoot, Courtney Bushner has come up with a wise idea — an online marketplace for Bermuda buyers and sellers.
The 26-year-old president and owner of the new business with the whimsical owl logo said: “We understand that the cost of business spac...
DATE: Nov 07, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bacardi has appointed a new global chief communications officer.
Jim Gallagher — who previously worked for global sports, media and fashion firm IMG — will work with Bacardi CEO Mike Dolan on long-term strategy as well as direct the drinks company’s ...
DATE: Nov 07, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda firm is to offer payday loans.
Gold Standard — which already buys unwanted jewellery and offers secured loans — said the move was in response to customer demand.
Business co-owner Matthew Mello said that qualifying customers would be able t...
DATE: Nov 07, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Alternative capital is likely to survive alongside traditional reinsurance companies as the industry finds an effective balance between the two.
That is the view of Lixin Zeng, the chief executive officer of Validus Re’s alternative capital managemen...
DATE: Nov 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/Bermuda Stock Exchange closed unchanged at 1,377.47 at the end of trading yesterday.
West Hamilton Holdings Ltd (WHHL) saw 15,000 shares change hands at an unchanged 7.00. Bank of NT Butterfield Ltd saw 500 shares trade at 2.00, als...
DATE: Nov 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Royal Gazette/Bermuda Stock Exchange closed down 1.23 to finish the day at 1,377.47.
Bermuda Press Holdings Ltd declined a 1.05 closing at 8.00 after 500 shares changed hands, while KeyTech remained steady at 3.75 on 4,000 shares trading.
A tota...
DATE: Nov 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Lancashire Holdings more than tripled profits to $36.2 million in the third quarter of the year.
In the same period in 2013, the firm’s net operating profit totalled $11.2 million — a $25 million increase for quarter three of this year.
The firm wrot...
DATE: Nov 06, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Solvency II, the European initiative to overhaul the capital adequacy regime of the European insurance industry and create an agreed set of capital and risk management requirements, is scheduled to come into effect on 1 January 2016.
Solvency II will...
DATE: Nov 06, 2014
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CATEGORY:
Other
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This article, the ninth of ten in our Fraud Awareness Series considers cybersecurity, more specifically hacking.
There are a number of different tools in the hacker’s toolbox, but this article will consider some of the most common and try to suggest...
DATE: Nov 06, 2014
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CATEGORY:
Other
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Maiden Holdings yesterday announced record net operating earnings of $29.3 million for the third quarter of the year.
The figure for the same period last year was $22.7 million.
The Bermuda-based insurer raised its dividend to 13 cents a share, an 18...
DATE: Nov 06, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor