75920 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index remained unchanged at 1,389.16 last week.
Almost all the trading centred on Butterfield Bank, which stayed unchanged on $1.98, as 382,874 of its shares changed hands.
The only other domestic-board compan...
DATE: Apr 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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Reinsurers had a “miraculous” year of strong profitability in 2013 — despite a slew of challenges which ratings agency AM Best expects to weigh on the industry’s future prospects.
In its special report on the global reinsurance sector, entitled “Coul...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Premier Craig Cannonier will lead a strong Bermuda contingent travelling to Denver next month for the Risk & Insurance Managers Society’s annual conference.
Two of his Cabinet colleagues — Education and Economic Development Minister Grant Gibbons and...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bacardi chief executive officer Ed Shirley is to leave the company after two years in the top job, the Bermuda-based beverage giant announced last night.
“Mr Shirley expressed his plans to return to retirement after a successful 36-year career,” Baca...
DATE: Apr 07, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
The Bermuda Stock Exchange closed down 2.36, finishing the day at 1,386.80.
Ascendant Group was a riser, with 6,707 shares moving at 7.65. up 0.10.
Somers Limited also closed up 0.25, with 200 shares trading at 12.25.
However, Bank of NT Butterfield...
DATE: Apr 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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Hiscox Re has beefed up its senior management with two appointments announced today.
Reeva Bakhshi has been named chief financial officer and Paresh Thakrar as chief operating officer.
Hiscox brought together its global reinsurance operations under t...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Dear Dave,
My bank is encouraging me to use my retirement fund to buy fixed annuities. Is this a good investment?
— John
Dear John,
More times than not, when you go to a bank for investment advice, what you’ll get in the bargain is bad advice. And t...
DATE: Apr 05, 2014
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CATEGORY:
Personal Finance
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Window cleaning, garage sorting, boat cleaning ... the list of jobs on people’s to-do list is usually long, and there’s never time to do it.
These are also times of unemployment and underemployment — and with the culture of entrepreneurship strong in...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Efficient Technologies Bermuda Limited (Eff-Tech) has been named the official distributor of Mitsubishi Electric Cooling and Heating solutions (Mitsubishi Electric).
Mitsubishi Electric, which is headquartered in Georgia, is a leading marketer of duc...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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A British resident of Bermuda and long-time customer of HSBC Bermuda was told by a bank employee that if she could not produce evidence of her ties to the Island, her account could be frozen.
The 39-year-old woman, who had gone into the bank to close...
DATE: Apr 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
