75908 results returned for search: "" category "Business"
The unveiling of the 150-year-old ‘Florida Water NY’ — and its recreation — was held yesterday by The Bermuda Perfumery at its new store in Butterfield Place on Front Street — and the general public are invited to smell it during Harbour Night this e...
DATE: Jul 02, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Aspen Insurance Holdings Ltd yesterday took aim at the compensation package of Endurance Specialty Holdings Ltd boss John Charman as the war of words intensified between the Bermuda insurance-sector rivals.
Endurance is pursuing efforts to take over ...
DATE: Jul 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Intensifying competition between global reinsurers in what is a benign period during which insurance linked securities have surged in popularity among investors, is forcing them to provide cover for terrorism on terms “they have sought to avoid” sinc...
DATE: Jul 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Shares of Tower Group International Ltd soared more than eight percent yesterday after investors appeared to regain confidence that its proposed merger deal with fellow Bermuda insurer ACP Re Ltd would go through after all.
In trading on the Nasdaq S...
DATE: Jul 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bermuda branch of global multi-line reinsurer Qatar Re has taken up residence in new office space at “Overbay”, on Pitts Bay Road.
Founded in 2009, Doha-based Qatar Re, underwrites all major property, speciality and casualty lines, including avia...
DATE: Jul 02, 2014
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CATEGORY:
Reinsurance
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A rating agency brought the hammer down on Bermuda’s banking sector yesterday with a bad report card citing projected credit losses of more than a billion dollars, for a period not ending for another two years.
Standard & Poor’s took various ratings ...
DATE: Jul 02, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Bank of NT Butterfield Limited saw some 138,256 shares move at an unchanged 1.99 yesterday in Bermuda Stock Exchange trading.
But it was 500 KeyTech Ltd shares which were the driver, moving up 0.15 at 4.90, pushing The Royal Gazette/Bermuda Stock...
DATE: Jul 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank yesterday confirmed that it is absorbing a portion of a 0.6 percent charge applied by credit card companies for cross-border transactions.
First notice of this was a message on credit card statements Butterfield customers received th...
DATE: Jul 02, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The 2014 XL Scholarship has been awarded to Quaejah Cox, a senior Honour Roll student at Saltus Grammar School.
The XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and ar...
DATE: Jul 01, 2014
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CATEGORY:
Reinsurance
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The Caribbean Journal is reporting that the recently-released 2012 World Bank data on tax revenue collected by central governments around the world, as a percentage of GDP points to the country in the Caribbean with the highest rate of revenue collec...
DATE: Jul 01, 2014
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CATEGORY:
Other
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