76422 results returned for search: "" category "Business"
A total of 6,612 shares worth $30,254 traded on The Royal Gazette/BSX.
Ascendant, the parent company of power firm Belco, saw 4,700 shares exchanged, sending its price down 20 cents (3.4 per cent) at $5.60.
And 1,912 Bank of Butterfield shares change...
DATE: Feb 12, 2015
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CATEGORY:
Bermuda Stock Exchange
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The private insurance market can shoulder more of the risk now taken on by governments — but the spread of affordable insurance is threatened by a protectionist trend.
That is the view of Brad Kading, president of the Association of Bermuda Insurers ...
DATE: Feb 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Retail sales in Bermuda have recorded their biggest year-on-year jump since the start of the economic downturn in 2008, jumping to $107.7 million in December.
That represents a 6.3 per cent increase in the total retail sales index compared to Decembe...
DATE: Feb 11, 2015
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Would-be British Prime Minister Ed Miliband has sparked a storm of protest after he declared war on Bermuda and other Overseas Territories he branded tax havens.
And yesterday the Bermuda Business Development Agency (BDA) added its voice to the choru...
DATE: Feb 11, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Financial services holding company White Mountains Insurance Group yesterday reported profits of $70 million for the last quarter of 2014.
For the year, the firm made a total of $312.7 million with reported revenue of more than $2.2 billion.
On a per...
DATE: Feb 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Arch Capital yesterday posted a profit of more than $215 million for the fourth quarter of last year.
On a per share basis, Arch’s net income of $1.60 — $1.15 after adjustments — for the final quarter of 2014 topped analysts’ estimates.
The average e...
DATE: Feb 11, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX closed unchanged after a second day of no trading.
The exchange stood at 1422.10 at close.
The BSX Insurance Index ended the day up 2.73 points (0.17 per cent) at 1,566.61.
The BSX also reported that the Bank of Butterfield had ...
DATE: Feb 11, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Catalina Holdings Ltd has completed a deal to acquire a $77 million portfolio of residential construction liabilities from NationsBuilders Insurance Company.
The run-off specialist announced yesterday that it had received regulatory app...
DATE: Feb 10, 2015
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CATEGORY:
Reinsurance
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A unique training programme to help Bermudians kick start a career in corporate administration has been launched.
The graduate scheme — run by Codan Services, which provides corporate backup to law firm Conyers Dill & Pearman — will offer training an...
DATE: Feb 10, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has launched a bid to drum up business in the former Soviet Union.
A group from the Bermuda Business Development Agency (BDA) held a roadshow in the Belarusian capital of Minsk, hosted at the home of the British ambassador, aimed at boost bus...
DATE: Feb 10, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
