76396 results returned for search: "" category "Business"
UK re/insurer Brit plc says its new Bermuda office had a successful start to 2014.
The office, which has set up specialise in underwriting excess workers’ compensation reinsurance and catastrophe risks, wrote $16 million of premium in the first quart...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The XL Re Broker Golf Outing serves as a reminder of the role that golf can play in nurturing long-standing business relationships.
The event celebrated its 20th anniversary last week. Some 60 business partners who have been doing business with XL Gr...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based IT company Ignition has attained a key compliance designation in relation to its private cloud computing system.
The company, which specialises in IT outsourcing, disaster recovery and business solutions, as well as cloud hosting, succe...
DATE: May 15, 2014
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CATEGORY:
Local Business
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KeyTech Ltd was the biggest gainer in Bermuda Stock Exchange trading today.
The telecommunications group rose 19 cents or four percent, on the trading of 200 shares, to close on $4.95.
Fellow utility Ascendant Group Ltd, owner of electricity provider...
DATE: May 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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A catastrophe insurance pool to insure a group of African countries against drought has been set up in Bermuda.
Willis Group Holdings plc, a global broker and risk adviser, said today it had secured $55 million of index-based reinsurance capacity to ...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Gorham’s has already generated around $200,000 worth of electricity from its solar panel network at the company’s True Value Home Centre in Pembroke.
Now Alternative Energy Systems (Bermuda) Ltd is pushing ahead with the fourth and largest phase of G...
DATE: May 15, 2014
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CATEGORY:
Local Business
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Bacardi has appointed Michael Dolan as interim chief executive officer (CEO), effective immediately.
Mr Dolan, who has been a member of Bacardi Ltd’s board since 2009, will be based at the company’s headquarters in Hamilton, subject to Bermuda Depar...
DATE: May 15, 2014
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CATEGORY:
International Business
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Minister of Finance Bob Richards told Members of Parliament that Bermuda’s presence at Risk and Insurance Management Society (RIMS) was ‘dominant’ during his report on Government’s recent attendance at the convention.
He called it the largest gatheri...
DATE: May 14, 2014
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CATEGORY:
Reinsurance
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Bermuda insurer Enstar Group plans to merge two of its Lloyd’s managing agencies next year, sources told a British trade publication.
Enstar, which specialises in acquiring and managing insurers and books of business that have gone into run-off (that...
DATE: May 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
AF Smith, a provider of office products, technology and services, has made five posts redundant as the company undergoes restructuring.
Two non-Bermudians and three Bermudians were affected.
Tim Smith, chief executive officer at AF Smith, said yeste...
DATE: May 14, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill