75906 results returned for search: "" category "Business"
More jobs for Bermudians and a return to economic growth.
That, in a nutshell, is what Ross Webber sees as the ultimate prize as he starts in his new role as new chief executive officer of the Bermuda Business Development Agency (BDA).
The BDA, which...
DATE: Aug 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
By Rebecca Zuill
AmTrust Financial Services, Inc shares fell by 4.6 percent on August 19 following an investigative report suggesting that a 16 percent block of stock held in non-profit foundations could be forcibly sold to comply with US tax rules,...
DATE: Aug 21, 2014
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CATEGORY:
Reinsurance
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This year’s KPMG Scholarship has been awarded to Brianna Buchanan, a 2011 graduate of Bermuda Institute who is pursuing a Bachelor’s Degree in Business Administration, with a concentration in Finance, at the University of Alabama. Ms Buchanan also pl...
DATE: Aug 21, 2014
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CATEGORY:
Other
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Digicel has fired the latest shot in the battle for market share in the liberalised telecommunications market.
Yesterday, the wireless services provider said it would offer Netflix — the provider of streaming movies and TV shows via the internet — fr...
DATE: Aug 21, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Allied World Assurance Company Holdings, AG has agreed to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA) for around $215 million.
Switzerland-based Allied World, which started up in Bermuda after the 9/11 t...
DATE: Aug 21, 2014
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CATEGORY:
Reinsurance
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Government trimmed its current-account spending by more than seven percent and booked an increase in revenues during the first quarter of its fiscal year, the Ministry of Finance revealed today.
Finance Minister Bob Richards said in yesterday’s fisca...
DATE: Aug 21, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bermuda insurance industry’s leading lobbyist got a freezing drenching today at the hands of a gleeful American regulator.Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers, had the bucket of ice and water poured over...
DATE: Aug 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Coldwell Banker Bermuda Realty is reporting sales are up 33 percent, year over year; however, property prices have remained stagnant.
The increase is in the number of properties sold, according to the real estate company.
Brian Madeiros, Coldwell Ban...
DATE: Aug 20, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
AM Best is revising its outlook for the reinsurance sector to negative.
The ratings agency said that while reinsurers are currently financially strong, they continue to be squeezed by market conditions and low interest rates.
“It has become even more...
DATE: Aug 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
ZUG, Switzerland — Allied World Assurance Company Holdings, AG announced today that John Bender has been appointed CEO for the company’s global reinsurance operations. Mr. Bender has overseen Allied World’s reinsurance platform globally since 2011. ...
DATE: Aug 20, 2014
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CATEGORY:
Other
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