76402 results returned for search: "" category "Business"
An America’s Cup competition in Bermuda could bring hundreds of millions of dollars to the Island over an extended short-term period, but substantially improve long-term tourism and other business prospects, going forward.
Evidence of this is found i...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
After years of recession, Bermuda’s economy is showing “some signs of a rebound” — but a recovery isn’t guaranteed, according to financial advisers Anchor Investment Management.
And with widespread uncertainty over foreign citizens acquiring Bermuda ...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
The April through June period set a new quarterly record for the volume of catastrophe bonds issued.
According to a report by Willis Capital Markets & Advisory (WCMA), $4.5 billion of non-life catastrophe bond capacity was issued in 17 deals in the s...
DATE: Jul 08, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Arch Capital Group Ltd yesterday announced a slew of promotions in its reinsurance group to support the recent expansion of the company’s mortgage insurance and reinsurance operations.
Marc Grandisson recently became chairman and CEO of Arch Worldwid...
DATE: Jul 08, 2014
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CATEGORY:
Reinsurance
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Ace is set to become the number one commercial property and casualty (P&C) insurer in Latin America’s largest market after acquiring a Brazilian company.
Ace Ltd announced that it has reached a definitive agreement to acquire the large corporate P&C...
DATE: Jul 08, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Better. The other evening I watched a great discussion with some of golf’s elder statesmen. Gary Player was asked how he approached each tournament. His answer was very telling - “I was always in pursuit of better!” He explained that he felt there w...
DATE: Jul 08, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange Index closed down 0.83 to finish the day at 1,381.63.
A total of 22,629 shares traded at a value of $48,843.04.
Bank of NT Butterfield saw 1,556 shares sell at an unchanged 1.99, while LOM (Holdings) Limited ...
DATE: Jul 08, 2014
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CATEGORY:
Bermuda Stock Exchange
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Offshore legal and fiduciary services provider Appleby has been named a finalist for three categories in this year’s Society of Trust and Estate Practitioners (STEP) Private Clients Awards, the firm announced yesterday.
Appleby has been shortlisted f...
DATE: Jul 08, 2014
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CATEGORY:
Other
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Sharon Wilson and the Bermuda National Trust (BNT) have collaborated to create a ‘pop-up gallery’ in its ‘Waterville’ headquarters, where a third of the proceeds from the sale of her works will benefit the charitable organisation.
She has brought abo...
DATE: Jul 08, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Butterfield Bank has agreed to buy parts of HSBC’s corporate and retail banking operations in the Cayman Islands.
Butterfield Bank (Cayman) Ltd, a wholly owned subsidiary of The Bank of NT Butterfield & Son Ltd, and HSBC Holdings plc made the announc...
DATE: Jul 08, 2014
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CATEGORY:
International Business
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