77143 results returned for search: "" category "Business"
The man at the centre of the biggest fraud probe in US corporate history yesterday spoke at a meeting of compliance specialists in Bermuda.
Andrew Fastow, the former chief financial officer at energy firm Enron, which collapsed in 2001, told Bermuda’...
DATE: Oct 10, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
BF & M Limited reported consolidated shareholders’ net income — a measure of profit — of $17.5 million for the first half of the year, an increase of $10.2 million over the comparable period in 2013.
The announcement came in their unaudited financial...
DATE: Oct 10, 2014
|
CATEGORY:
Other
|
AUTHOR:
Rebecca Zuill
The Royal Gazette/BSX Index closed unchanged at 1378.12 yesterday with just 1400 shares in telecoms firm KeyTech changing hands.
The shares — worth a total of $5250 — left KeyTech’s share price also unchanged at $3.75.
The BSX Insurance Index ended t...
DATE: Oct 10, 2014
|
CATEGORY:
Bermuda Stock Exchange
|
AUTHOR:
Raymond Hainey, Assistant News Editor
When you’re pinching pennies and life throws you a curve ball, all those zeroes at the end of your nest egg can be tempting. Using your 401(k) like a piggy bank may seem like a painless way to make ends meet. But is it?
The cold hard cash-out
When y...
DATE: Oct 10, 2014
|
CATEGORY:
Other
|
ZURICH (Bloomberg) — Hamilton Insurance Group Ltd., the reinsurer that counts Sanford ‘Sandy’ Weill as non-executive chairman, acquired two units from Prem Watsa’s Fairfax Financial Holdings Ltd. as part of a push into primary coverage.
Hamilton acqu...
DATE: Oct 10, 2014
|
CATEGORY:
Other
|
Staff at a Bermuda reinsurance firm have signed up to help youngsters with reading problems.
Now employees from Hiscox will spend time working for charity YouthNet as reading mentors.
The firm pitched in after senior vice-president for underwriting R...
DATE: Oct 09, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
XL Group’s chief executive for reinsurance is to step down at the end of the year.
The firm announced yesterday US-based Jamie Veghte — who has been with the company for more than 20 years — is to retire.
XL chief executive Mike McGavick paid tribute...
DATE: Oct 09, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
This is part five of a 10 part series.
People often hear about pyramid schemes via friends and family, which makes the ‘opportunity’ seem even more appealing as it has been tried and tested by people they know. People involved at a low level may not ...
DATE: Oct 09, 2014
|
CATEGORY:
Other
|
Bermuda Executive Home Cleaners aims to revolutionise the cleaning industry by making it “trendy” to have them maintain your home.
The new company’s owner, Rachel Outerbridge, said: “The company motto is: ‘A healthy home is a happy home,’ — which br...
DATE: Oct 09, 2014
|
CATEGORY:
Other
|
AUTHOR:
Rebecca Zuill
Bermuda has long been known as a centre of excellence and innovation in the world of re/insurance. Nowhere is this more evident than in the rapidly growing field of offshore life re/insurance and annuity products.
Life re/insurance today represents ...
DATE: Oct 09, 2014
|
CATEGORY:
Reinsurance
|
