77140 results returned for search: "" category "Business"
Ace Ltd, Allianz and XL Group, all with significant presences in Bermuda, are among just nine insurance sector players best prepared to manage climate change-related risk, according to US-based advocacy group Ceres.
In a report that authors Ceres des...
DATE: Oct 22, 2014
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CATEGORY:
Other
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Everest Re is reporting third quarter operating profits of $280.5 million or $6.12 a share, up 37 percent on the $205 million or $4.12 a share generated in the Q3 2013 period.
The Insurance Insider, reporting on the results, said the reinsurer had “s...
DATE: Oct 22, 2014
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CATEGORY:
Other
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A facilities management and air conditioning company has been inundated with calls from businesses and homes with damaged air-conditioning units because power was not switched off before Hurricane Gonzalo.
Air Care said that switching off A/C systems...
DATE: Oct 22, 2014
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CATEGORY:
Local Business
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Ascendant Group Ltd fell 0.8 percent in Bermuda Stock Exchange trading today.
The parent company of electricity company Belco fell five cents to close on $5.95 on the trading of 9,000 shares.
Ascendant was the only domestic-board company to trade as ...
DATE: Oct 22, 2014
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CATEGORY:
Bermuda Stock Exchange
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Isis Fund Services will now be known as Ikonic Fund Services in the three jurisdictions in which it operates: Bermuda, the Cayman Islands and the United States.
The company, an independent fund administrator, explained: “Even though it was a difficul...
DATE: Oct 22, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A technology security company founded in Bermuda has made its mark on a promotion of cross-border electronic transactions by European leaders.
The high-level seal of approval for QuoVadis came when senior European Commission (EC) officials held an el...
DATE: Oct 22, 2014
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CATEGORY:
International Business
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Organisers say next month’s Bermuda Convergence 2014 will go ahead, despite storm damage to the tent that was intended to host it.
The tent fixed to the roof of Pier Six which provided the conference with space in which to hold the event, was demolis...
DATE: Oct 22, 2014
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CATEGORY:
Other
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BTC have announced that many of the 15,000 customers who were without service in the aftermath of Hurricane Gonzalo have had it restored, but warned it would be “some time” before all lines are back in operation again.
Meanwhile, wireless services ca...
DATE: Oct 21, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Bermuda’s biggest property insurer has been flooded with calls in the wake of Hurricane Gonzalo.
And the firm took more than 250 calls in two hours after its Pitts Bay Road HQ opened for business yesterday morning — with more than 1,000 logged by the...
DATE: Oct 21, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Google is considering getting rid of its Bermuda subsidiary, according to a report in French newspaper Le Monde.
The Bermuda company employs no-one and has no physical presence on the Island. It is used by the technology giant to minimise its tax bil...
DATE: Oct 21, 2014
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CATEGORY:
International Business
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