76396 results returned for search: "" category "Business"
A fall of nearly three percent in Butterfield Bank’s share price drove the local stock market lower last week.
The bank lost six cents, or 2.9 percent, to end the five days of trading at $1.99, on the trading of 130,727 shares.
Ascendant Group Ltd, o...
DATE: May 05, 2014
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CATEGORY:
Bermuda Stock Exchange
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Aspen Insurance Holdings Ltd is the subject of a $3.2 billion takeover bid from Bermuda rival Endurance Specialty Holdings Ltd.
Last month, the unsolicited $47.50-per-share, cash-and-shares bid was made public by Endurance, whose chairman and chief e...
DATE: May 05, 2014
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CATEGORY:
Reinsurance
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Digicel Bermuda is this week staging two free seminars on Disaster Recovery as a Service.
With hurricane season just around the corner, the company says it will offer advice to help businesses maintain their continuity even through dire circumstances...
DATE: May 05, 2014
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CATEGORY:
Local Business
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The Bermuda Chamber of Commerce has appointed Kendaree Burgess as its new executive director, the business organisation has announced.
Kristi Grayston, president of the Chamber, said: “We are pleased to confirm Kendaree to the post of executive direc...
DATE: May 05, 2014
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CATEGORY:
Other
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Dear Dave,
What do you think about making bi-weekly mortgage payments?
Jeremiah
Dear Jeremiah,
I think it’s an awesome idea. By doing that, you can pay off a 30-year mortgage in about 22.8 years, on average, depending on the interest rate.
However, ...
DATE: May 03, 2014
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CATEGORY:
Personal Finance
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Digicel Prepaid customers are being offered a new plan that will enable them to use data on their smartphones.
At a cost of $2.50, the plan includes 50MB of data per day, which is equivalent to downloading 200 plain text e-mails or viewing 150 webpag...
DATE: May 02, 2014
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CATEGORY:
Local Business
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XL Insurance (Bermuda) Ltd has agreed to sell its life reinsurance operation to GreyCastle Holdings Ltd for $570 million.
GreyCastle Holdings is described as “a newly-formed Bermuda company whose shareholders include large family offices and universi...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) — Former AIG chief Maurice “Hank” Greenberg will have to defend himself against claims of accounting fraud in a non-jury trial conducted by a judge he tried to remove for alleged bias.
Justice Charles Ramos of New York state court ...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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Global re/insurer Ace Ltd beat Wall Street’s expectations as it recorded net income of $734 million for the first quarter.
Operating income was $2.27 per share, compared to the $2.12 per share consensus expectation of analysts tracked by Yahoo Financ...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
XL Group posted net income of $255.7 million in the first three months of the year in what CEO Mike McGavick described as “one of the best quarters since the end of 2008” for the company.
The global business insurer’s operating net income of $238.6 m...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
