75898 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange was quiet yesterday with no trades.
The index closed at 1,378.97, unchanged from Monday.
DATE: Oct 22, 2014
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CATEGORY:
Bermuda Stock Exchange
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A shortage of roof slate has hit the Island in the wake of a double whammy from Tropical Storm Fay and Hurricane Gonzalo.
But building supply firms said fresh deliveries of slate for damaged roofs is expected to arrive on the Island before the end of...
DATE: Oct 22, 2014
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CATEGORY:
Local Business
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There’s a flurry of activity at sea today as maritime life returns to normal after Hurricane Gonzalo.
Today sees the arrival of the car carrier, Viking Coral, into Hamilton to deliver 64 new vehicles.
While HMS Argyll departs Bermuda this afternoon a...
DATE: Oct 22, 2014
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CATEGORY:
Other
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Bermuda insurance firm Freisenbruch Meyer has swung into post-Hurricane Gonzalo mode with military efficiency.
The firm’s William Madeiros, a former Bermuda Regiment Major, said: “We’ve got a plan, we’re sticking to it and working our way through.”
...
DATE: Oct 22, 2014
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CATEGORY:
Local Business
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Allied World Assurance Company Holdings’ profits fell plunged in the third quarter as the company booked nearly $30 million in catastrophe losses.
The company, which is based in Zug, Switzerland, and has a substantial underwriting operation in Bermud...
DATE: Oct 22, 2014
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CATEGORY:
Reinsurance
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Bermuda was back to business within 48 hours of a hit from Hurricane Gonzalo, company executives said yesterday.
Graham Pewter, head of insurance and reinsurance firm Catlin, said the Island had prepared well for Gonazalo after an unexpected impact f...
DATE: Oct 22, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Digicel’s network will be back at 100 percent capacity by the end of the week, the firm announced this evening.
At the close of business today Digicel confirmed that their network recovery has exceeded 95 percent.
The firm said that customers can ex...
DATE: Oct 22, 2014
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CATEGORY:
Other
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Catastrophe modelling firm AIR Worldwide estimates that insured losses in Bermuda from Hurricane Gonzalo will range between $200 million and $400 million.
AIR conducted a damage survey across Bermuda on Sunday and Monday. In a statement, AIR said: “I...
DATE: Oct 22, 2014
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CATEGORY:
Other
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Ace Ltd, Allianz and XL Group, all with significant presences in Bermuda, are among just nine insurance sector players best prepared to manage climate change-related risk, according to US-based advocacy group Ceres.
In a report that authors Ceres des...
DATE: Oct 22, 2014
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CATEGORY:
Other
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Everest Re is reporting third quarter operating profits of $280.5 million or $6.12 a share, up 37 percent on the $205 million or $4.12 a share generated in the Q3 2013 period.
The Insurance Insider, reporting on the results, said the reinsurer had “s...
DATE: Oct 22, 2014
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CATEGORY:
Other
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