75908 results returned for search: "" category "Business"
There was clear evidence this week that a deal has been done to complete the sale of the Newstead Belmont Hills Golf Resort Property, after three years of receivership.
In fact, it would appear that there has been sudden and substantial movement, sin...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
A company that rents out office space to small and start-up businesses is expanding to meet growing demand from entrepreneurs.
The firm, known as ‘nineteen’, has added to its fully occupied office on Queen Street by taking the lease on a two-storey o...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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Retail sales rose by 1.8 percent in May — the fourth increase in the first five months of this year.
Takings increased by $1.5 million above the $85.9 million recorded in May 2013, according to figures released by the Department of Statistics today. ...
DATE: Jul 11, 2014
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CATEGORY:
Economy
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Bermuda-based Endurance Specialty Holdings Ltd took another step forward in its global expansion by hiring two executives to underwrite and manage international agriculture reinsurance programmes. The speciality provider of property and casualty insu...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The World Bank has issued its first catastrophe bond — a $30-million deal providing reinsurance protection to an earthquake and hurricane insurance fund, whose beneficiaries are Bermuda and 15 Caribbean governments.
All 16 countries are signatories t...
DATE: Jul 10, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Aspen US Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd, announced that George Kotsiopoulos has joined as vice-president, broker relationship leader.
Mr Kotsiopoulos has underwriting and distribution experien...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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Endurance Specialty Holdings Ltd has hired Mark Maritzen to build and lead a new property team within the company’s US insurance operation.
Bermuda-based Endurance said yesterday that Mr Maritzen would work in its New York city office and that his te...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The Bermuda Foundation for Insurance Studies (BFIS) will co-host a panel next week Thursday, July 17, along with American law firm Drinker Biddle & Reath LLP (DBR) on mergers and acquisitions (M&A) developments in the insurance industry.
Expert pane...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The Royal Gazette/Bermuda Stock Exchange closed unchanged at 1,381.63 yesterday.
Ascendant Group Limited saw trading with 3,300 shares changing hands, closing at 6.50, level with its previous closing price on July 4.
BF&M also traded. Just 52 shares ...
DATE: Jul 09, 2014
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CATEGORY:
Bermuda Stock Exchange
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Market pressures on the risk sector at July 1 renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double-digit range, according to global reinsurance broker Guy Carpenter.
“While the impact ...
DATE: Jul 09, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
