77114 results returned for search: "" category "Business"
The trend towards telecoms companies offering one-stop shop residential internet services in Bermuda gathered pace this week when Bermuda Telephone Company (BTC) rolled out its Complete Home Internet service.
In doing so it has joined a growing list ...
DATE: Jul 08, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A total of nearly $17.5 billion in catastrophe bonds and insurance-linked securities (ILS) is listed on the Bermuda Stock Exchange.
A spokesman for the exchange said the Island was home to more than two-thirds of global cat bonds.
He added: “The Berm...
DATE: Jul 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Italian investment group Exor yesterday pledged to make reinsurance firm PartnerRe bigger if it successful in its $6.8 billion takeover bid.
The firm’s chairman and CEO John Elkann said: “We are business builders. If you look at our history, we have ...
DATE: Jul 08, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Drinks giant Bacardi has bought up a Swiss-based rum maker.
Bermuda-based Bacardi has bought Banks Rum, a premium series of blends founded in 2010 by master blender Arnaud de Trabuc.
The award-winning Banks range, which features two main rums as well...
DATE: Jul 08, 2015
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CATEGORY:
Other
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The sole trade on The Royal Gazette/BSX was 300 shares in insurance firm BF&M.
The transaction, worth $5,160, left BF&M’s price unchanged at $17.20.
The Royal Gazette/BSX closed unchanged at 1,208.12.
The BSX Insurance Index ended the day down 17.16 ...
DATE: Jul 08, 2015
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CATEGORY:
Bermuda Stock Exchange
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There are fewer filled jobs and those who are employed are doing a reduced number of working hours per week than at any time in the past four years, figures show.
The employment survey report released by the Department of Statistics calculates the Is...
DATE: Jul 08, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Altitude. When there are lots of challenges one often tends to over analyse these situations which can lead to “paralysis by analysis”. If this seems to be happening to you then “tether yourself to a balloon” and rise up above all of this so as to de...
DATE: Jul 07, 2015
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CATEGORY:
Other
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Italian investment giant Exor has petitioned employees at takeover target PartnerRe to back its bid for the company.
Exor has written to workers at the Pembroke-based company who are also shareholders asking them to vote against a rival bid by Axis, ...
DATE: Jul 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Asking a question on social media was the starting point for a new shop on King Street.
Aneka Burrows went on Facebook to ask her friends “What does Bermuda need?”
The answer came back that a maternity wear shop was required. Ms Burrows knew from exp...
DATE: Jul 07, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
A ground-breaking Bermuda-based African catastrophe insurance pool has been praised by the leaders of the G7 group of industrialised nations.
The news came as the African Risk Capacity (ARC) pool is set to add five more nations, bringing the total to...
DATE: Jul 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
