77143 results returned for search: "" category "Business"
Bermuda-based reinsurer Till Capital Ltd has completed its acquisition of Canadian insurer Omega Insurance Holdings, Inc.
Till said it will pay $15.4 million — the equivalent of 1.2 times Omega’s book value as of June 30, 2014 — for all Omega’s share...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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Cayman Airways has been named one of the world’s top airlines.
Travel critic Richard Bangs listed it as one of his eight favourites, alongside Qatar Airways, Etihad Airways, Cathay Pacific, Turkish Airlines, LAN Airlines, and Emirates.
The airline pr...
DATE: Oct 15, 2014
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CATEGORY:
Other
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Robert Stauffer plans to retire as chief executive officer of energy mutual insurers Oil Insurance Limited (OIL) and Oil Casualty Insurance Ltd (OCIL) at the start of 2016.
Mr Stauffer has led the companies for more than a decade and has also served ...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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No shares traded on the Bermuda Stock Exchange today, leaving The Royal Gazette/BSX Index unchanged on 1,378.97.
The BSX Insurance Index fell sharply in another down day for the US stock market, dipping 17.27 points, or 1.19 percent, to close on 1,43...
DATE: Oct 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s Chamber of Commerce today old members to make sure they had plans in place to protect their businesses and staff as Hurricane Gonzalo looms on the horizon.
A spokeswoman for the business body said that the Chamber’s advice was that busines...
DATE: Oct 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s banks are to close early tomorrow as Hurricane Gonzalo takes aim at Bermuda.
All three main banks - HSBC, Butterfield and Clarien - will close at 1pm on Thursday.
HSBC said it would reopen “when it is deemed safe for our employees and cust...
DATE: Oct 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Hamilton’s bars became a refuge for storm-hit residents on Sunday, with hundreds of powerless people pouring through the doors for food and to watch TV.
Tropical Storm Fay caused devastation across the Island and left nearly 28,000 homes without elec...
DATE: Oct 14, 2014
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CATEGORY:
Other
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Seven speakers will cover developments in the insurance and reinsurance industries in Sedgwick’s Hot Topics seminar tomorrow afternoon.
The 12th edition of the seminar will be held at the Bermuda Underwater Exploration Institute, starting at 2pm.
Se...
DATE: Oct 14, 2014
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CATEGORY:
Other
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If a Bermudian calls us with a US tax question it is usually with respect to income tax or more commonly the withholding tax imposed by the Internal Revenue Service with respect to dividends or other fixed or determinable income being paid to a non-U...
DATE: Oct 14, 2014
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CATEGORY:
Other
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An energy-saving lighting business that started off being run from the home of its Bermudian owners yesterday opened a showroom in Paget to meet increasing demand.
Albert and Theresa Simons, who launched ATS Electrical Suppliers in September 2010 as ...
DATE: Oct 14, 2014
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CATEGORY:
Other
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