75898 results returned for search: "" category "Business"
Montpelier Re Holdings logged operating income of $40 million for the last quarter, the firm revealed yesterday.
The Hamilton-based reinsurance firm took in 86 cents per common share — a shade below analysts’ expectations of 89 cents a share.
The fir...
DATE: Oct 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The recent hurricanes may seem to have little to do with recruiting and employment at first blush, but “Fonzalo” should help to put some people back to work and make the Christmas season a little brighter as people with money in their pockets spend a...
DATE: Oct 28, 2014
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CATEGORY:
Bermuda Works
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By Rebecca Zuill
Ikonic Fund Services has won the HFMWeek Best Administrator Award for Fund of Hedge Funds under $30 billion, and was also the fund administrator with the most nominations.
The award was made last week at the 2014 HFMWeek Service Prov...
DATE: Oct 28, 2014
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CATEGORY:
Other
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XL Group reported net income plunged for the third quarter, but operating income beat Wall Street expectations.
The Dublin-based business insurer, which has substantial operations in Bermuda said net income for the July through September period was $...
DATE: Oct 28, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Butterfield Bank’s third-quarter profit totalled $22.8 million — up by 5.5 percent from the same period of last year.
Net income for the first nine months of the year increased by $5.7 million to $73.5 million, the bank said in a statement this after...
DATE: Oct 28, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
No shares were traded on the Bermuda Stock Exchange today, leaving The Royal Gazette/BSX Index unchanged at 1,376.74.
On overseas markets, Bermuda-based re/insurers rallied, causing the BSX Insurance Index to gain 7.9 points, or 0.53 percent.
DATE: Oct 28, 2014
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CATEGORY:
Bermuda Stock Exchange
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The losses from Hurricane Gonzalo will be much less than feared, an insurance firm boss predicted yesterday.
John Wight president and chief executive officer of BF&M, the biggest property insurer on the Island, said damage costs were likely to total ...
DATE: Oct 27, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/Bermuda Stock Exchange declined 2.23 last week.
The BSX closed on Friday at 1,376 after seeing 31,411 shares change hands at a value of $137,520.
In a quiet post-Gonzalo week, the only declining domestic company stock was BF&M Ltd w...
DATE: Oct 27, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s current account fell by $108 million in the second quarter of the year compared to the same period in 2013, the latest Government figures have revealed.
The current account stood at $215 million in the quarter which finished at the end of J...
DATE: Oct 27, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
No shares were traded on the Bermuda Stock Exchange today, leaving The Royal Gazette/BSX Index unchanged at 1,376.74.
The BSX Insurance Index gained 12.35 points, or 0.83 percent, to close the day on 1,498.98.
DATE: Oct 27, 2014
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CATEGORY:
Bermuda Stock Exchange
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