77130 results returned for search: "" category "Business"
Global business insurer XL has cut a deal to buy Island-based rival firm Catlin in a $4.1 billion merger, it was announced today.
The new company — to be known as XL Catlin — will have total capital of $17 billion and around $10 billion of net premiu...
DATE: Jan 09, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Only five shares worth a total of $5,750.02 traded on the Bermuda Stock Exchange today.
The Bank of Butterfield preference shares trade left the price down 19 cents at $1,150.
The Royal Gazette/BSX Index closed the day unchanged at 1,360.32.
The BSX ...
DATE: Jan 09, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
The real estate market began to bounce back in 2014, according to experts.
And Coldwell Banker Bermuda Realty predicted the first quarter of this year would outperform the same period in 2014.
The 2014 report from the firm said: “Bermuda is eagerly l...
DATE: Jan 08, 2015
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Myth #29: I can travel freely with my child following a separation or divorce.
The world is an increasingly small place with people travelling frequently for a variety of reasons such as short term leisure, study and work as well as long term or perm...
DATE: Jan 08, 2015
|
CATEGORY:
Other
|
A former Canadian power firm chief who resigned last fall amid controversy over smart meter fires has been appointed to head Bermuda’s Regulatory Authority (RA).
Robert Watson, who was president and CEO of the SaskPower in Saskatchewan, resigned from...
DATE: Jan 08, 2015
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Ratings agency AM Best says global reinsurers face significant market challenges and has maintained a negative outlook for the industry.
Bermuda is one of the world’s largest reinsurance hubs and companies’ profitability has been squeezed by falling ...
DATE: Jan 08, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Selling mattresses at prices that ordinary families can afford is the aim of new business owner Sheila Pitcher. And a few weeks after setting up shop she has seen an encouraging initial level of interest in what Mattress Express & More, in Devonshire...
DATE: Jan 08, 2015
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil
Shares of KeyTech Ltd surged more than four per cent in Bermuda Stock Exchange trading today.
The telecommunications firm gained 15 cents, or 4.2 per cent, to close the day on $3.70, as 35,600 shares changed hands.
The only other domestic-board compa...
DATE: Jan 08, 2015
|
CATEGORY:
Bermuda Stock Exchange
|
Local shipping companies are feeling the benefit of plunging global oil prices, and the savings are being passed along to customers as the cost of bringing goods and materials to the Island falls.
Oil prices have dropped around 50 per cent since last...
DATE: Jan 07, 2015
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
More than 60 students and insurance specialists attended a festive season speed networking lunch held by the Bermuda Foundation for Insurance Studies (BFIS).
The lunch featured a team of volunteer insurance professionals and “speed interviews” betwee...
DATE: Jan 07, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
