75908 results returned for search: "" category "Business"
Bermuda reinsurer RenaissanceRe plans to spend another half a billion dollars buying back its own shares.
The company said last night that its board of directors had approved an increase in the company’s share repurchase programme, bringing the total...
DATE: Aug 07, 2014
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CATEGORY:
Reinsurance
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Bermuda insurer and reinsurer Maiden Holdings Ltd last night reported net income of $25.8 million for the second quarter — up more than 27 percent from the same period last year — and record operating earnings.
Maiden’s chief executive officer Art Ra...
DATE: Aug 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Telecommunications industry regulator the Regulatory Authority (RA) is inviting comment on the repercussions of the acquisition of the Bermuda Telephone Company by Barrie OpCo Ltd.
At the same time, it is inviting comment on KeyTech Ltd acquiring co...
DATE: Aug 07, 2014
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CATEGORY:
Other
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Many borrowers continue to struggle to make loan repayments, according to the latest figures on the banking sector published by financial regulator the Bermuda Monetary Authority (BMA).
Non-performing loans (NPLs) — defined as loans in which borrower...
DATE: Aug 06, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
DATE: Aug 06, 2014
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CATEGORY:
Reinsurance
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PartnerRe announced Andrew Stapleton has been appointed to head up marine and energy offshore.
Mr Stapleton will be based in Zurich, and report to Charles Goldie, deputy CEO global, non-life and head of specialty lines, global. Mr Stapleton will be r...
DATE: Aug 06, 2014
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CATEGORY:
Reinsurance
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Ascendant Group Ltd has announced a “senior management change” with the resignation of senior vice-president and chief financial officer Christopher Coelho, effective 31 August.
Ascendant said: “Mr Coelho will serve as an adviser to the company on re...
DATE: Aug 06, 2014
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CATEGORY:
Local Business
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A husband and wife have teamed up to open a new commercial law firm in Hamilton.
Megan and Simon Benedek unveiled Benedek Lewin Ltd, which opened its doors for the first time on Monday in offices on the third floor of the SE Pearman Building on Par-...
DATE: Aug 06, 2014
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CATEGORY:
Local Business
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The Royal Gazette/Bermuda Stock Exchange closed up 0.18, ending trading at 1,386.
A total of 18,600 shares changed hands, at a value of $60,190.00.
KeyTech Limited, the only stock price to increase, saw 7,000 shares trade at 4.30, up 0.05.
Bank of N ...
DATE: Aug 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Sales of rum, Bermuda’s national spirit, are improving, although marginally, according to liquor vendors who are looking at their sales in the aftermath of the celebratory Cup Match holiday.
Bacardi brand manager at Burrows, Lightbourn Ltd’s Alvin Ha...
DATE: Aug 06, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill