75920 results returned for search: "" category "Business"
Bermuda beat out competition from Switzerland to become the domicile of the first-ever African catastrophe insurance pool, Economic Development Minister Grant Gibbons told MPs today.
As reported yesterday on The Royal Gazette website yesterday, the A...
DATE: May 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bank of NT Butterfield Ltd pushed The Royal Gazette/Bermuda Stock Exchange Index up 4.72 yesterday when the stock closed up 0.01 at 2.00.
The index finished the day at 1,425.20.
Some 13,900 shares in the banking sector moved at a value of $34,424.00....
DATE: May 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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London-based investment manager Securis Investment Partners LLP has opened a new office in Bermuda.
The insurance-linked securities (ILS) specialists saw five entities registered during April, according to the Bermuda Monetary Authority’s (BMA) month...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
LONDON (Reuters) — Bermuda-based Catlin Group Ltd, operator of the biggest syndicate in the Lloyd’s of London insurance market, said it wrote nine percent more premiums in the first quarter of the year, driven largely by demand for reinsurance sold b...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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UK re/insurer Brit plc says its new Bermuda office had a successful start to 2014.
The office, which has set up specialise in underwriting excess workers’ compensation reinsurance and catastrophe risks, wrote $16 million of premium in the first quart...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The XL Re Broker Golf Outing serves as a reminder of the role that golf can play in nurturing long-standing business relationships.
The event celebrated its 20th anniversary last week. Some 60 business partners who have been doing business with XL Gr...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based IT company Ignition has attained a key compliance designation in relation to its private cloud computing system.
The company, which specialises in IT outsourcing, disaster recovery and business solutions, as well as cloud hosting, succe...
DATE: May 15, 2014
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CATEGORY:
Local Business
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KeyTech Ltd was the biggest gainer in Bermuda Stock Exchange trading today.
The telecommunications group rose 19 cents or four percent, on the trading of 200 shares, to close on $4.95.
Fellow utility Ascendant Group Ltd, owner of electricity provider...
DATE: May 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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A catastrophe insurance pool to insure a group of African countries against drought has been set up in Bermuda.
Willis Group Holdings plc, a global broker and risk adviser, said today it had secured $55 million of index-based reinsurance capacity to ...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Gorham’s has already generated around $200,000 worth of electricity from its solar panel network at the company’s True Value Home Centre in Pembroke.
Now Alternative Energy Systems (Bermuda) Ltd is pushing ahead with the fourth and largest phase of G...
DATE: May 15, 2014
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CATEGORY:
Local Business
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