75898 results returned for search: "" category "Business"
Validus Holdings today announced that it has completed its acquisition of Western World Insurance Group, Inc. Western World, through its subsidiaries, is a speciality lines insurance company with a 50 year track record of profitability and is a pion...
DATE: Oct 02, 2014
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CATEGORY:
Other
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Lloyd’s of London company Ascot Underwriting Ltd and American International Group announced the creation of AIG-Ascot Re, a Bermuda-based reinsurance platform scheduled to begin writing business on January 1, 2015.
The companies said in a release tha...
DATE: Oct 02, 2014
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CATEGORY:
Other
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Telecoms firm KeyTech is to suspend it dividend payments, the company revealed today.
The decision covers dividend payments for the quarter which ended last month and the quarter that ends in December.
A spokesman for the firm said the decision was ...
DATE: Oct 02, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
BF&M Ltd’s share price slid 1.3 percent in Bermuda Stock Exchange trading today.
The insurer slipped 25 cents to close on $18.50 as 6,800 shares changed hands.
The only other stock to trade was KeyTech, which yesterday announced it would be suspendin...
DATE: Oct 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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It was a good story to hear — a woman stood up and said that despite losing her job, she was not panicking as her late husband had left her money thanks to taking out life insurance.
Although bitter sweet, it was still one of the more positive storie...
DATE: Oct 01, 2014
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CATEGORY:
Other
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Cyber crime poses a serious threat to Bermuda, an expert warned yesterday.
Fred Oberholzer, head of cyber security in the Bermuda office of global financial services firm KPMG, said: “If a person has a look from an international point of view, cyber ...
DATE: Oct 01, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Breakaway sails into the West End today for the last time in 2014.
Norwegian Cruise Lines’ biggest and newest liner, along with her 4,000 passengers, has already completed 21 journeys between New York and Bermuda this season.
Today’s arrival will...
DATE: Oct 01, 2014
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CATEGORY:
Other
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Bermuda Press (Holdings) Ltd has suspended the dividend paid to holders of its common shares for the third quarter, the company has announced.
BPH which owns The Royal Gazette, as well as a range of commercial printing, retail and real estate interes...
DATE: Oct 01, 2014
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CATEGORY:
Local Business
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A cyber security firm founded in Bermuda has expanded its operations into Germany.
QuoVadis — a global provider of certificate authority identity services for online transactions — has added Germany to existing offices in the UK, Switzerland, Holland...
DATE: Oct 01, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
David Kalainoff, president and chief underwriting officer — casualty of Markel Re is to retire at the start of June next year.
He will be replaced bt Jed Rhoads, who is at present the president and chief underwriting officer — property at Markel Re, ...
DATE: Oct 01, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
