77133 results returned for search: "" category "Business"
Retail sales jumped by more than four percent in September compared to the same month last year.
A total of $82.2 million was spent — up 4.2 percent from the $78.8 million recorded for the same month in 2013.
After adjustment for inflation — 1.4 perc...
DATE: Nov 14, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of BF&M Ltd gained more than four percent in Bermuda Stock Exchange trading today.
The insurer closed 75 cents, or 4.2 percent higher, at $18.75 on the trading of 1,000 shares.
Butterfield Bank was the only other domestic-board stock to trade,...
DATE: Nov 14, 2014
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CATEGORY:
Bermuda Stock Exchange
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Myth #25: You cannot challenge the assessment of your property’s value for land tax purposes.
“Nothing in life is certain but death and taxes.” So goes the well-known adage and this certainly holds true for land tax in Bermuda. However, while you can...
DATE: Nov 13, 2014
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CATEGORY:
Other
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Two of Bermuda’s longest-running gyms are to merge, the owners revealed last night.
The Athletic Club (TAC) on Hamilton’s Washington Street has acquired the nearby Olympic Club on Dundonald Street.
Now the Olympic Club will share The Athletic Club na...
DATE: Nov 13, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Hedge funds’ involvement in the reinsurance industry is an area of growth.
The PwC Bermuda Reinsurance 2014 conference saw John Berger, chairman and chief executive officer (CEO) and chief underwriting officer (CUO) at Third Point Reinsurance Limite...
DATE: Nov 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
A boom in the compliance side of the financial industry could bring a jobs bonanza to Bermuda, a US expert said yesterday.
Walter Zebrowski, chairman of the US-based international Regulatory Compliance Association (RCA) is to hold a special conferenc...
DATE: Nov 13, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurers are far less cavalier and more investor-friendly than they used to be a couple of decades ago.
That is the view of PartnerRe chief executive officer Costas Miranthis, expressed on a CEOs’ panel at at the PwC/S&P Bermuda Reinsurance 2014 co...
DATE: Nov 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Ascendant Group Ltd fell 1.7 percent in Bermuda Stock Exchange trading today.
The owner of electricity company Belco was the only stock to trade and closed ten cents down at $5.90, as 800 shares changed hands.
The Royal Gazette/BSX Index cl...
DATE: Nov 13, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Argus Group said today that claims for damage to cars and bikes related to the two big storms that hit Bermuda last month will not affect its customers’ no-claims discounts.
The Island was hit by Tropical Storm Fay and Hurricane Gonzalo within th...
DATE: Nov 13, 2014
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CATEGORY:
Other
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Bermuda has been recommended for approval as a qualified jurisdiction by a working group of the US regulatory support organisation the National Association of Insurance Commissioners (NAIC).
If the recommendation is approved, it will reduce collater...
DATE: Nov 13, 2014
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CATEGORY:
Reinsurance
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