75920 results returned for search: "" category "Business"
AUSTIN, Texas (Best’s News Service) — The Texas Department of Insurance has issued its first three licences to captive insurers — one that formed in the state and two that redomesticated from outside Texas — since the state became a captive domicile ...
DATE: Apr 16, 2014
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CATEGORY:
Reinsurance
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Global reinsurance capital grew by seven percent last year to reach $540 billion by the end of 2013, according to global reinsurance broker Aon Benfield.
The figure, quoted in the Aon Benfield Aggregate (ABA) report, includes both traditional and alt...
DATE: Apr 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Pete Cangany has been promoted to Ernst & Young Ltd’s senior partner in Bermuda, replacing Gil Tucker who will move into the role of chairman.
The leadership changes will take effect on July 1.
Since January 2013, Mr Cangany has served as insurance ...
DATE: Apr 16, 2014
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CATEGORY:
International Business
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US investment advisory company FRMO Corporation has bought a 37.5 percent stake in the Bermuda Stock Exchange.
The Elmsford, New York-based company becomes the biggest shareholder in the BSX and its chairman Murray Stahl will be joining the BSX board...
DATE: Apr 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Jonathan Kent
In a breaking news alert, The Insurance Insider are reporting that Willis Singapore brokered a $100 million passenger liability cover that will respond to the loss of the South Korean ferry that sank earlier today with more than 450 passengers on boa...
DATE: Apr 16, 2014
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CATEGORY:
Other
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Retail sales rose for the fourth month in five in February, raising hopes of better times ahead for Bermuda stores.
Total retail sales in February 2014 climbed 1.4 percent, according to the Department of Statistics’ Retail Sales Index, released today...
DATE: Apr 16, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
The Royal Gazette/Bermuda Stock Exchange Index was unchanged today as only Butterfield Bank and Argus Group Holdings Ltd traded.
Butterfield remained on $1.99 as 20,000 shares traded. Argus remained at $4.83 as 1,000 shares changed hands.
The Index c...
DATE: Apr 16, 2014
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CATEGORY:
Bermuda Stock Exchange
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TBi (TeleBermuda International) is offering unlimited local calls to mobile and fixed numbers via a phone that works through the internet as part of an internet and phone bundle.
Today’s announcement marks the latest salvo in the battle for market sh...
DATE: Apr 16, 2014
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CATEGORY:
Local Business
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Lancashire Holdings Ltd’s founder and chief executive officer Richard Brindle is to retire from the company at the end of this month.
The Class of 2005 Bermuda start-up re/insurer announced today that Mr Brindle would retire from the Group and as a d...
DATE: Apr 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Financial services companies listed on the Bermuda Stock Exchange announced share repurchases yesterday.
Butterfield Bank, in a filing with the Bermuda Stock Exchange (BSX), announced that during March purchased for Treasury 1,657,707 common shares ...
DATE: Apr 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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