76402 results returned for search: "" category "Business"
Bermuda-based reinsurer Ariel Holdings Ltd has agreed to be sold to Brazil’s Grupo BTG Pactual SA, largest independent investment bank in Latin America, for an undisclosed sum.
Ariel’s CEO Tom Hulst told The Royal Gazette last night that “no jobs wil...
DATE: Jul 11, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
‘Run on Sun’ is the tag line for the just-launched Mahindra Reva e20 hatchback — and they’re not just saying that.
This car comes complete with its own solar energy system.
Auto Solutions, together with Bermuda Engineering Co Ltd (BE) and BE Vehicle...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Aspen Insurance Holdings Ltd last night gave early guidance on its second-quarter results — hours after its hostile takeover pursuer Endurance Specialty Holdings Ltd criticised its “underperformance”.
Last night’s pre-announcement — the final results...
DATE: Jul 11, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Health and fitness business Horizon Health has appointed April Summerlin as Pilates instructor and Xande Frith as a personal trainer.
Ms Summerlin’s role is to work one-on-one with clients on the Reformer, Cadillac and Wall Unit to help each client g...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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There was clear evidence this week that a deal has been done to complete the sale of the Newstead Belmont Hills Golf Resort Property, after three years of receivership.
In fact, it would appear that there has been sudden and substantial movement, sin...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
A company that rents out office space to small and start-up businesses is expanding to meet growing demand from entrepreneurs.
The firm, known as ‘nineteen’, has added to its fully occupied office on Queen Street by taking the lease on a two-storey o...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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Retail sales rose by 1.8 percent in May — the fourth increase in the first five months of this year.
Takings increased by $1.5 million above the $85.9 million recorded in May 2013, according to figures released by the Department of Statistics today. ...
DATE: Jul 11, 2014
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CATEGORY:
Economy
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Bermuda-based Endurance Specialty Holdings Ltd took another step forward in its global expansion by hiring two executives to underwrite and manage international agriculture reinsurance programmes. The speciality provider of property and casualty insu...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The World Bank has issued its first catastrophe bond — a $30-million deal providing reinsurance protection to an earthquake and hurricane insurance fund, whose beneficiaries are Bermuda and 15 Caribbean governments.
All 16 countries are signatories t...
DATE: Jul 10, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Aspen US Insurance, part of the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd, announced that George Kotsiopoulos has joined as vice-president, broker relationship leader.
Mr Kotsiopoulos has underwriting and distribution experien...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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