75922 results returned for search: "" category "Business"
Live television from the United Kingdom is now in Bermuda — straight from your internet connection.
This new technology evolved because of the looming spectre of the loss of UK television in the British retirement hubs of Europe. It resulted in a sma...
DATE: Mar 07, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Butterfield Bank saw heavy trading activity on the Bermuda Stock Exchange yesterday — but its share price remained rooted on $1.99.
More than 153,000 of the bank’s shares changed hands. Two of Butterfield’s eight percent preference shares also traded...
DATE: Mar 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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The all-Bermudian staff of DeFontes Broadcasting have been assured that their jobs are safe, following a change of management at the company.
Spencer Conway, a 31-year-old Bermudian entrepreneur, has taken over as interim CEO from longtime boss Kenny...
DATE: Mar 07, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
American International Group (AIG) has launched a new Bermuda-domiciled subsidiary in response to strong demand for alternative risk financing programmes, particularly from small and medium-sized companies.
Grand Isle SAC Ltd will offer customers the...
DATE: Mar 07, 2014
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CATEGORY:
Reinsurance
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Shares of Butterfield Bank closed above $2 for the first time in four years after surging three percent in Bermuda Stock Exchange trading today.
The bank rose six cents to $2.05 on the trading of 60,000 shares.
It was on March 5, 2010, when Butterfie...
DATE: Mar 07, 2014
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CATEGORY:
Other
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The Bermuda Monetary Authority confirmed today that it has signed a Memorandum of Understanding (MoU) with Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), in relation to the European Union’s Alternative Investment ...
DATE: Mar 07, 2014
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CATEGORY:
Other
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Offered with vacant possession, 56 Reid Street has a secret weapon.
Despite these being times of economic struggle, RAM Re House is the only Hamilton office building on the market. However, its biggest selling point may be the potential the top two f...
DATE: Mar 06, 2014
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CATEGORY:
Local Business
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American International Group promoted Michael Smith to chief operating officer of the division selling coverage to business clients.
Mr Smith, 57, will report to John Doyle, CEO of global commercial insurance, the New York-based company said in a sta...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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Guy Carpenter & Company has announced a management shake-up which will bring a new chairman and a new CEO to the reinsurance broker’s Bermuda office.
Kevin Fisher, CEO of Global Specialties, will relocate from Bermuda to the firm’s London office.
Pet...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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Former Edurance CEO Ken LeStrange is reportedly set to take the role of chairman at new hedge fund-backed reinsurer Pine River Re.
The move, reported by The Insurance Insider citing unnamed sources, would reunited Mr LeStrange with his former Endura...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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