77116 results returned for search: "" category "Business"
If Axis and PartnerRe realise their merger plans, the combined company will return $750 million to shareholders following the proposed merger.
That number was detailed in an investor presentation filed with US financial regulator the Securities and E...
DATE: Jun 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A new shipping business has passed a milestone with its 1,000th customer.
Island Bargains of Bermuda will tonight celebrate hitting four figures by sponsoring the first of the summer Harbour Nights in Hamilton.
The service was the brainchild of busin...
DATE: Jun 03, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Royal Gazette/BSX Index closed up 0.68 points (0.06 per cent) at 1,203.88.
The sole trade saw 2,000 shares worth $5,600 in telecoms firm KeyTech change hands.
KeyTech closed up five cents (1.8 per cent) at $2.80.
The BSX Insurance Index ended the...
DATE: Jun 03, 2015
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CATEGORY:
Bermuda Stock Exchange
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An excellence award has been presented to Bermuda Commercial Bank (BCB) for the “exceptional quality of payment messages” to Deutsche Bank’s Global Transaction Banking Operations unit for payments in euros during the 2014 fiscal year.
Last year, BCB ...
DATE: Jun 03, 2015
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CATEGORY:
Other
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Exor has filed a proxy statement with the US Securities and Exchange Commission (SEC) in an effort to directly reach PartnerRe shareholders ahead of next month’s vote on the proposed merger deal between Axis and PartnerRe.
And the investment firm, wh...
DATE: Jun 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Global drinks giant Bacardi yesterday celebrated its 50th year on the Island with the launch of a special limited edition Bermuda rum.
President and CEO of Bacardi International Jacques Tortoroli unveiled Bacardi Reserve — a reincarnation of a compa...
DATE: Jun 02, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda Commercial Bank Limited is moving its custody services relationship to Royal Bank of Canada’s investor & treasury services.
RBC investor & treasury services is an award winner in the global custody services sector.
“We are extremely excited ...
DATE: Jun 02, 2015
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CATEGORY:
Other
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Ascendant Group Ltd’s chairman Peter Durhager yesterday revealed that the firm had commissioned an independent investigation into whether the company’s chief executive officer had a conflict of interests in also being chairman of a US natural gas com...
DATE: Jun 02, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Axis and PartnerRe shareholders will next month get the chance to vote on the proposed merger of the two firms.
Shareholders of both firms will meet at the same time on Friday, July 24 in Bermuda to back the shares-only deal — or voice support for a ...
DATE: Jun 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A group of Ascendant Group Ltd shareholders intends to raise concerns about the direction in which the company is headed at Friday’s annual general meeting.
The five are all former managers at Belco, a subsidiary of Ascendant, and they believe the el...
DATE: Jun 02, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
