77129 results returned for search: "" category "Business"
Bermuda-based insurer and reinsurer Argo has announced a 10 per cent stock dividend and a 22 per cent plus increase in its quarterly cash dividend.
The firm announced a quarterly cash dividend of 20 cents per share, compared to 18 cents per share on ...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based Everest Re has appointed a new president of a US subsidiary.
Jonathan Zaffino will take over at Everest National Insurance Company/US insurance operations.
He replaces Daryl Bradley, who will move to a role building an international pla...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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Global reinsurance capital has now reached a record $575 billion, which includes more than $60 billion of deployed alternative capital, according to the latest reinsurance market report from Aon Benfield.
The reinsurance intermediary and capital advi...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A major insurance firm with a Bermuda operation has been bought out in a $1.88 billion swoop — the latest in a series of mergers set to affect Island businesses.
Brit Group — which opened an office on the Island around 18 months ago — has been taken ...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based Catco Reinsurance Opportunities Fund Ltd earned a net return of 14 per cent for its shareholders in 2014.
That performance was lower than the 21.9 per cent achieved in 2013, a drop which the fund said partly reflects increasing capacity...
DATE: Feb 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Watlington Waterworks Ltd shares jumped by $1.75 on The Royal Gazette/BSX Index.
The 9.9 per cent rise came after 3,000 shares sold and left the firm’s price at $19.50.
And 1,000 shares in insurer BF&M also traded, leaving the firm’s price unchanged ...
DATE: Feb 18, 2015
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s first ever Twitter party reached a total of 150,000 people, organisers said yesterday.
The event — organised by the Technology Leadership Forum (TLF) — aimed to highlight technology and the careers available.
Special hashtags received more ...
DATE: Feb 18, 2015
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CATEGORY:
Technology
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AUTHOR:
Raymond Hainey, Assistant News Editor
It would appear as though for the next two years we will see a US President who is a Democrat attempting to change tax laws he does not like while ignoring the fact that the Republicans have a majority in the Senate and House of Representatives. Rece...
DATE: Feb 17, 2015
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CATEGORY:
Other
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Shares of Watlington Waterworks Ltd leaped 5.7 per cent in Bermuda Stock Exchange trading today.
The water utility gained 95 cents to close on a new 52-week high of $17.75, as 300 shares changed hands.
Butterfield Bank was the only other stock to tra...
DATE: Feb 17, 2015
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CATEGORY:
Bermuda Stock Exchange
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More than $609 million in Bermuda-linked money was found in leaked documents about HSBC’s controversial Swiss private bank.
One Bermuda client alone had $234.9 million stashed in Switzerland — one among around 65 clients connected to Bermuda and 183 ...
DATE: Feb 17, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
