75924 results returned for search: "" category "Business"
The Financial Times reported on Wednesday that AIG will cut 1,500 jobs at the same time as its profits beat expectations
The article, reminding readers that American International Group is the US insurance company that was bailed out during the finan...
DATE: Feb 21, 2014
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CATEGORY:
Other
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A gradual improvement in the economic environment is reflected in Capital G Bank Ltd’s financial earnings released today, according to the bank’s statement.
Capital G, now a wholly owned subsidiary of the Clarion Group, made $3.6 million profit for t...
DATE: Feb 21, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Local printing companies have complained that the Chamber of Commerce recommended a salesman for a US printing company receive a work permit — despite being in direct competition with local companies.
While it is not uncommon for the Chamber to recom...
DATE: Feb 21, 2014
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CATEGORY:
Other
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AUTHOR:
Owain Johnston-Barnes
Willis Re Bermuda’s new chief executive officer Michael Harden is in place at the helm of the Par-la-Ville Road company.
Willis announced that Premier helped to celebrate the chief executive’s arrival by attending cocktail party to welcome new CEO o...
DATE: Feb 21, 2014
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CATEGORY:
Reinsurance
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Government is pumping an additional $9 million into its financial assistance programme in order to help struggling Bermudians living on the poverty line.
Community and Cultural Affairs Minister Wayne Scott is expected to make a formal request for the...
DATE: Feb 21, 2014
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CATEGORY:
Economy
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AUTHOR:
Gareth Finighan
After a shaky period, the Island’s reinsurance sector is optimistic, according to the online publication Global Reinsurance (GR) in an article which ran yesterday about the Bermuda industry.
The industry website article quoted Association of Bermuda ...
DATE: Feb 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Bermuda-based mortgage insurer Essent Group Ltd recorded a profit of $65 million last year, bouncing back from a loss in the previous year.
Chairman and CEO Mark Casale described 2013 as “a landmark year” for the company, which offers private mortgag...
DATE: Feb 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Where are all the people looking for work in the construction industry?
That is the question being posed by Alex DeCouto, president of Greymayne Contracting, who launched an employment agency for his industry last month and has received only three re...
DATE: Feb 20, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
For holders of Bermudian-American citizenship, or for Americans married to Bermudians The Argus Group has designed a 401(k) plan particularly for them.
Argus — through its subsidiary Bermuda Life Insurance Company Limited and in partnership with US-b...
DATE: Feb 20, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Former Premier Alex Scott has warned that Budget cuts should not hit the most vulnerable people in Bermuda.
And he said savings could be made through more efficient Government — rather than through large-scale job losses or privatisation.
He added th...
DATE: Feb 20, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
