75908 results returned for search: "" category "Business"
Shares of Bermuda reinsurer Platinum Underwriters Holdings Ltd fell more than four percent yesterday after the company’s second-quarter earnings fell short of analysts’ expectations.
Platinum reported net income of $36.2 million for the April through...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The US Senate voted yesterday to extend a programme that would cushion the blow to insurance companies in the event of a massive terrorist attack.
The Terrorism Risk Insurance Act (TRIA) was enacted in the aftermath of the September 11, 2001 attacks...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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The Royal Gazette/Bermuda Stock Exchange closed 3.09 yesterday to finish the day at 1,369.12.
Some 35,225 shares changed hands at a value of $77,897.75.
Bank of NT Butterfield saw 30,225 shares change hands at a steady 1.99, and 152 Bank of NT Butter...
DATE: Jul 18, 2014
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CATEGORY:
Bermuda Stock Exchange
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Investors will soon have an opportunity to ride the star of top Bermudian insurance executive, Brian Duperreault and his latest corporate venture.
The Hamilton Insurance Group may go public as early as next year, as the company continues to swiftly b...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Clarien Bank Limited advised today that Zoran Fotak will be leaving the bank.
The statement said that he will be on leave until October, but that his official last day with the Bank will be October 18, 2014.
Ian Truran will remain Co-CEO for Clarien...
DATE: Jul 18, 2014
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CATEGORY:
Other
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Ani’s Nail and Beauty Lounge is a dream that has come true for beauty therapist Anna Burns, who opened the business in April.
Ms Burns had worked at The Reefs Spa for ten years where she earned a sterling reputation for her manicures, before branchin...
DATE: Jul 18, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bermuda Commercial Bank (BCB) is entering into a management consulting services arrangement for a six-month period with Bermuda-based Meritus Trust Company in regard to its trust business as part of a “new strategic direction” under recently appointe...
DATE: Jul 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
New legislation is expected to stimulate the trust industry in Bermuda by attracting international clients who wish to retain a certain level of control over their trusts without the uncertainty of the trust being deemed invalid.
Trusts have long bee...
DATE: Jul 17, 2014
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CATEGORY:
Other
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A leading Island law firm believes the strength of Bermuda as a financial centre was a major factor behind it receiving one of the legal industry’s top awards.
Conyers Dill & Pearman Ltd was named Offshore Law Firm of the Year by Chambers & Partners,...
DATE: Jul 17, 2014
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CATEGORY:
International Business
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Bermuda’s newest nightclub has an “old school” name, and an updated version of the go-go girls from the 1970s nightclub scene.
But it may be another sign that Bermuda businesses have confidence in an impending economic recovery.
The club’s owners ar...
DATE: Jul 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor