75924 results returned for search: "" category "Business"
The Institute of Risk Management (IRM) Bermuda Group has announced two upcoming events for risk professionals.
“The first is an interactive two hour educational session on Own Risk and Solvency Assessment (ORSA) and the impact on Bermuda insurers, sa...
DATE: Feb 18, 2014
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CATEGORY:
Reinsurance
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Michelle Wolfe has been elected president of the Bermuda Association of Licensed Trustees (BALT).
The organisation that represents the trust and related industry also announced the election of vice-president Kim White, treasurer Deanna Didyk and secr...
DATE: Feb 18, 2014
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CATEGORY:
Other
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A total of five new companies’ registrations were confirmed by the Bermuda Monetary Authority in January, it was announced yesterday.
They included Rubik Reinsurance, Ltd., a Class 3A entity under the BMA insurance-type structure, Broadhead Risk Mana...
DATE: Feb 18, 2014
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CATEGORY:
Other
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Bermuda registered 1,200 new companies last year — the most in five years.
Education and Economic Development Minister Grant Gibbons said it was “one more sign that Bermuda is moving in the right direction after years of decline”.
In a statement rele...
DATE: Feb 18, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Royal Gazette / Bermuda Stock Exchange Index rose 1.76 percent last week in a topsy-turvy few days for Butterfield Bank shares.
The bank closed the week five cents, or three percent, higher at $1.70, but not before it had first shot up ten cents ...
DATE: Feb 17, 2014
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CATEGORY:
Bermuda Stock Exchange
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A US judge’s opinion in favour of Validus Re in a tax case could have positive implications for Bermuda reinsurers.
Retrocession arrangements in respect to offshore entities providing coverage for US risks are not subject to tax, the US federal court...
DATE: Feb 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Any future bond issues by the Bermuda Government will allow more time for investors to get on board, Finance Minister Bob Richards has said.
And Mr Richards added that, rather than lowering the minimum $10,000 investment, more time would allow smalle...
DATE: Feb 17, 2014
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CATEGORY:
Other
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Telecoms watchdog the Regulatory Authority will no longer have to publish its rulings in full in the Official Gazette.
Education and Economic Development Minister Grant Gibbons said the move would cut costs because the Authority’s rulings are often l...
DATE: Feb 17, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank shares revisited their 52-week high of $1.75 as the shares gained nearly three percent in Bermuda Stock Exchange trading today.
A total of 2,700 shares traded as Butterfield gained five cents, or 2.9 percent.
The biggest advance was ...
DATE: Feb 17, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
How can I get credit card companies to stop sending us preapproved offers? My wife continues to sign up for these, and now we have $40,000 in credit card debt.
Dan
Dear Dan,
Chances are you’ll never get credit card companies to stop sendi...
DATE: Feb 15, 2014
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CATEGORY:
Personal Finance
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