75920 results returned for search: "" category "Business"
Gasoline prices rose in April, up 1.6 cents a litre, the Finance Ministry has announced.
As a result, the maximum gasoline retail price displayed on the pumps is 213.90 cents a litre, or $2.13.90.
Diesel declined 0.2 cents a litre. Its maximum price...
DATE: Apr 28, 2014
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CATEGORY:
Other
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The Bermuda Monetary Authority (BMA) has reported that 12 new insurance companies have registered in Bermuda.
Craig Swan, managing director, supervision at the BMA said: “Bermuda remains attractive due to our unique ability to service the full spectr...
DATE: Apr 28, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A founding member of Hamilton Re’s management team, Kathleen Reardon, has been promoted to the position of chief executive officer of Hamilton Insurance Group’s Bermuda-based Class 4 property casualty reinsurer.
Chief executive officer of the $800 mi...
DATE: Apr 28, 2014
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CATEGORY:
Other
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Butterfield Bank today reported first-quarter net income of $23.2 million — up more than 74 percent from the same period last year.
Increasing business volumes and further cost cutting helped the bank to achieve the improvement from last year’s first...
DATE: Apr 28, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
LOM (Holdings) Ltd swung to a profit of $180,284 in 2013, as revenue rose more than eight percent.
CEO Scott Lines said in a letter to shareholders, published by the Bermuda Stock Exchange this morning, that the profit — which compared to a loss of $...
DATE: Apr 28, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Today’s technology has “the potential to quietly siphon jobs out of Bermuda” and is one the principal reasons the island’s economy continues to struggle, says Scott Lines, president and chief executive officer of LOM Group.
He made the comments whil...
DATE: Apr 28, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Bermuda Stock Exchange saw no activity in trading yesterday.
As a result, the BSX closed unchanged at 1,447.62.
DATE: Apr 26, 2014
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CATEGORY:
Other
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Imagine this real scenario (personal confidential information has been changed/excluded).
He is a middle-aged Bermudian. He was made redundant more than eighteen months ago from a decent job: good benefits, a pension allocation saved for his retirem...
DATE: Apr 26, 2014
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CATEGORY:
Personal Finance
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Dear Dave,
I noticed that your Baby Steps list puts saving for retirement before saving for your kid’s college fund. Sending your kids to college would come first on the timeline, so what is your reasoning behind this?
Jen
Dear Jen,
I advise this ap...
DATE: Apr 26, 2014
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CATEGORY:
Personal Finance
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Bermuda-based global reinsurer PartnerRe has formed a strategic partnership with Chedid Re, one of the biggest reinsurance brokers in the Middle East and North Afria (MENA) region.
Farid Chedid, chairman and CEO of Chedid Re, signed a long-term agre...
DATE: Apr 25, 2014
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CATEGORY:
Reinsurance
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