75913 results returned for search: "" category "Business"
Last month, there was a reported story of an abandoned yacht left in the harbour at Stroustad, Sweden. After some two years of searching, the Swedish police were able to trace the yacht’s ownership to a wealthy Norwegian man who had “forgotten” where...
DATE: Jun 20, 2014
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Other
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The global insurance industry could see a ‘big wave’ of consolidation over the next few years, XL chief executive officer Mike McGavick told delegates at the Airmic conference in Birmingham last week.
Mr McGavick, speaking during the Airmic forum deb...
DATE: Jun 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Malta’s Fogg Insurance Agencies Ltd has been rebranded as Argus Insurance Agencies Limited (AIAL).
The press release announcing the name change stated that Maltese Prime Minister Joseph Muscat visited the Malta office last week to commemorate the reb...
DATE: Jun 19, 2014
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Other
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Obtaining as much as $150 million in financing, juggling staffing issues and building and siting what could be a $300-million new infrastructure to feed Belco’s power plant are some of the hurdles in front of Bermuda’s electricity company.
Belco must...
DATE: Jun 19, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The path to a cleaner energy supply at a lower cost to the consumer could begin soon with “smart meters” for every home in Bermuda, together with conservation education.
But it won’t come until Belco and government strike a deal determining how the b...
DATE: Jun 19, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange closed up 5.09 at 1,410.32 on a quiet day of trading.
BF&M Ltd saw 100 shares move at 17.75, up 0.74. Asendant Group Limited also saw movement with 14,700 shares trading at an unchanged 7.00.
The BSX volume wa...
DATE: Jun 19, 2014
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CATEGORY:
Bermuda Stock Exchange
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Peter C. Durhager has been elected chairman and L. Anthony Joaquin deputy chairman of Ascendant Group Limited, the company announced yesterday.
The election by the board of directors follows the retirement of S. Reginald Minors as chairman, and from ...
DATE: Jun 19, 2014
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CATEGORY:
Other
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After 50-years of continuous membership in the Institute of Directors (IoD), the Bermuda branch of the century-old organisation has honoured well known business and political figure, Jeffrey Christopher Astwood — he is more commonly known simply as J...
DATE: Jun 19, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Allen Foley, former executive director of DMS Offshore Investment Services (Europe) SáRL has joined Oyster Consulting (Bermuda) Ltd to provide expert advice and consultancy services to firms located in Bermuda and around the world.
He has joined th...
DATE: Jun 18, 2014
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CATEGORY:
Other
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It was the “clash of the titans” yesterday, as two powerful corporate boards squared off in another round of a public battle for control of Bermuda-based Aspen Insurance Holdings Limited.
The battle royal began anew as Aspen sent new filings to the S...
DATE: Jun 18, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
