77121 results returned for search: "" category "Business"
A Bermuda-based insurer has appointed a new senior vice-president.
Northstar Financial Services has signed up Stephen Duff to join its sales team.
Edward Horner, Northstar chief marketing officer for Northstar, said: “We’re delighted to welcome Steph...
DATE: Mar 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
By Raymond Hainey
An increase in storm frequency should force a fresh look at risk from severe weather, according to a new report.
The Swiss Re Sigma report on 2014 said that cyclones and thunderstorms were a major cause of losses last year.
And the ...
DATE: Mar 27, 2015
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CATEGORY:
Reinsurance
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The America’s Cup will generate significant extra business for its official healthcare provider BF&M — and the insurer’s boss says the Island needs to grasp this unique opportunity to ensure the whole community benefits from it for years after the sa...
DATE: Mar 27, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Veteran insurance chief Richard Brindle is set to head up a new $2 billion insurance venture on the Island.
Mr Brindle — former CEO of Bermuda-based Lancashire Holdings — will lead Fidelis Insurance Holdings, according to reports.
The new firm is bac...
DATE: Mar 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecommunications firm KeyTech hit its one-year low on the Bermuda Stock Exchange today.
The firm saw 17,000 shares change hands — leaving its price down 20 cents (6.3 per cent) at $3.
The Bank of Butterfield also matched its 52-week low after 5,000...
DATE: Mar 27, 2015
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new player in the real estate industry is aiming high — with ambitions of founding a family property dynasty.
Ambika Scott, 36, launched her own Moongate Realty after several years in real estate with other companies.
And now she’s looking forward ...
DATE: Mar 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
OSLO (Bloomberg) — Billionaire John Fredriksen has sailed through troubled waters before. This time, he plans to make the most of a brutal downturn in offshore drilling amid a slump in oil prices and a glut of new rigs.
Bermuda-based Seadrill Ltd sai...
DATE: Mar 26, 2015
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CATEGORY:
International Business
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A beacon of fine dining is set to shine again from tomorrow.
For the Dining Room at Gibbs Hill Lighthouse in Southampton is to reopen tonight after severe damage caused by Hurricane Gonzalo last October.
And Odilio Angeli, boss of Dining Bermuda, whi...
DATE: Mar 26, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
There was just one trade on Bermuda Stock Exchange today.
A total of 600 shares in communications firm KeyTech changed hands, leaving its price unchanged at $3.20.
The Royal Gazette/BSX Index closed unchanged at 1,348.85 and the Bermuda Insurance Ind...
DATE: Mar 26, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda could carve out a huge chunk of a new market for cyber insurance, experts said yesterday.
They were speaking after the UK government issued a report on joint initiatives with the insurance sector to tackle cyber risk — and make the UK a world...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor