76413 results returned for search: "" category "Business"
Reinsurance buyers are demanding more specialised and targeted solutions — and reinsurers that fail to meet their needs are vulnerable.
That is the view of professional services firm PwC, expressed in a report entitled ‘Reinsurance 2020: Taking contr...
DATE: Sep 16, 2014
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CATEGORY:
Reinsurance
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The Bermuda Government released its Gross Domestic Report for 2013 this month, and the numbers give rise for some cautious optimism.
The report said that GDP, which measures the total value of goods and services produced in Bermuda, and is the most i...
DATE: Sep 16, 2014
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CATEGORY:
Bermuda Works
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A Bermuda-based international insurer has awarded overseas residencies to two Bermudian business graduates.
Students Nicholas Butterfield and Jaime Ferrari-McComb have been sponsored by Lancashire Insurance to live in London and work in the company’s...
DATE: Sep 16, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Karen Brine, Joy Jones and Heather Chilvers are celebrating 25 years at Coldwell Banker Bermuda Realty this year, the real estate company has announced.
Ms Jones and Ms Brine started working at Coldwell Banker on the same day — September 5, 1989, wh...
DATE: Sep 16, 2014
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CATEGORY:
Local Business
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Cash-rich businesses like internet giants Google could use their financial clout to muscle in to the reinsurance market, an expert said yesterday.
And Dennis Sugrue, director of ratings agency Standard & Poors (S&P), warned the industry that it would...
DATE: Sep 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
KeyTech Ltd shares plunged nearly eight percent today, while Butterfield Bank rose to hit the $2 mark.
Telecommunications group KeyTech tumbled 35 cents, or 7.8 percent, to close the day on $4.15, as 2,500 shares changed hands.
Butterfield gained one...
DATE: Sep 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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A Bermudian herbalist has created a new anti-wrinkle cream — called Cougar.
And Manaie Buchanan is aiming to take her secret blend of herbs, vegetable and fruit extracts to the world stage.
Ms Buchanan, who has been fascinated by natural remedies sin...
DATE: Sep 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurer BF&M today announced $17.5 million in shareholders’ net income for the first six months of the year.
The figure is up more than $7 million on the same period last year and represents an annualised return on shareholders’ equity of 14.5 perce...
DATE: Sep 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
With pricing weakness in most lines of reinsurance and a glut of capital, reinsurers should not be drawn into a passive mode, waiting for a major event to shake up the market.
That is the view of Alex Moczarski, chief executive officer of global rein...
DATE: Sep 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A delegation from Bermuda went to Mexico City to make new trust business ties.
The 12-strong group attended a series of targeted meetings as well as the STEP (Society of Trust and Estate Practitioners) Latin American Conference in Mexico City on Sept...
DATE: Sep 15, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent