77133 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange closed down 1.23 to finish the day at 1,377.47.
Bermuda Press Holdings Ltd declined a 1.05 closing at 8.00 after 500 shares changed hands, while KeyTech remained steady at 3.75 on 4,000 shares trading.
A tota...
DATE: Nov 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Lancashire Holdings more than tripled profits to $36.2 million in the third quarter of the year.
In the same period in 2013, the firm’s net operating profit totalled $11.2 million — a $25 million increase for quarter three of this year.
The firm wrot...
DATE: Nov 06, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Solvency II, the European initiative to overhaul the capital adequacy regime of the European insurance industry and create an agreed set of capital and risk management requirements, is scheduled to come into effect on 1 January 2016.
Solvency II will...
DATE: Nov 06, 2014
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CATEGORY:
Other
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This article, the ninth of ten in our Fraud Awareness Series considers cybersecurity, more specifically hacking.
There are a number of different tools in the hacker’s toolbox, but this article will consider some of the most common and try to suggest...
DATE: Nov 06, 2014
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CATEGORY:
Other
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Maiden Holdings yesterday announced record net operating earnings of $29.3 million for the third quarter of the year.
The figure for the same period last year was $22.7 million.
The Bermuda-based insurer raised its dividend to 13 cents a share, an 18...
DATE: Nov 06, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Madoff Ponzi scheme was at the centre of a Supreme Court hearing last month, which has resulted in a ruling released by Puisne Judge Stephen Hellman this week.
Mr Hellman heard defendants PricewaterhouseCoopers (PwC) argue the statement of claim ...
DATE: Nov 06, 2014
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
The start of November signals the final throws of the 2014 cruise season.
There’s just the one arrival this week, and only a further seven cruise calls for the year.
Today the Emerald Princess arrives in Dockyard from the Azores.
The liner and her 3,...
DATE: Nov 05, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange held steady yesterday, closing at an unchanged 1,378.70.
Ascendant Group Limited and Watlington Waterworks were traders with both equities seeing no change in their stock price.
Ascendant closed at 6.00 after ...
DATE: Nov 05, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda has signed up to a new international agreement to allow automatic exchange of financial information in a bid to crack down on tax cheats.
Now the Island and 50 other countries will begin the exchange of information, backed by the Organisation...
DATE: Nov 05, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Net income at Renaissance Re plunged by nearly $112 million for the third quarter of the year compared to the same period in 2013.
The Bermuda-based reinsurer recorded a profit of $67.8 million, compared to $179.7 million for the third quarter of las...
DATE: Nov 05, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
