75927 results returned for search: "" category "Business"
A Bermuda-based company has changed the name of a multi-billion dollar London subsidiary.
Somers Ltd — itself formerly known as Bermuda National Ltd, owner of the Bermuda Commercial Bank — announced its JO Hambro Investments Management, which has $7 ...
DATE: Jan 13, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Going somewhere off island? How long are you going to stay?
How many trips and visits did you make last year? Where did you go and how long was each visit? Your thought is — ‘We had fun, enjoyed ourselves, so why do we need to pay attention to this ...
DATE: Jan 11, 2014
|
CATEGORY:
Personal Finance
|
Dear Dave,
My wife and I are working the Baby Steps, and we have our budget in place. Sometimes the budget gets busted because of home improvements and various other things. I think we should take money from our emergency fund when this happens, but ...
DATE: Jan 11, 2014
|
CATEGORY:
Personal Finance
|
The Bermuda Stock Exchange Index declined 25.06 or 2.12 percent. Some 81,811 shares moved at a value of 559,397.84.
In the banking sector, Bank of NT Butterfield Preference Shares closed at 1,200 with 30 trading, up 18.00. Bank of NT Butterfield Ltd ...
DATE: Jan 11, 2014
|
CATEGORY:
Bermuda Stock Exchange
|
Employees now have increased bargaining powers, Appleby lawyers Kiernan Bell, Michael Hanson and Henry Tucker stated in an e-alert sent out by the law firm.
The lawyers were describing the impact of a Supreme Court judgement in a case between Janice ...
DATE: Jan 10, 2014
|
CATEGORY:
Other
|
AUTHOR:
Rebecca Zuill
A US Securities and Exchange Commission (SEC) filing, dated January 3, states: “Arch Capital Group Ltd announced today that its newly-formed subsidiary, Arch Underwriters Ltd, has agreed in principle to act as reinsurance manager for a newly-formed m...
DATE: Jan 10, 2014
|
CATEGORY:
Reinsurance
|
A telecoms firm is to bring in a new hi-tech radio system for the Island’s emergency services, its new general manager Brian Gonsalves said yesterday.
East End Telecoms, which already supplies police, the fire service and ambulance with radio equipme...
DATE: Jan 10, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Insurers paid out $31 billion in catastrophe losses last year — 25 billion below the long-term average losses, the world’s biggest reinsurer revealed yesterday.
Munich Re — which has just launched a $63 billion sidecar listed on the Bermuda Stock Exc...
DATE: Jan 09, 2014
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance firm Validus has launched a $160 million joint venture called AlphaCat 2014.
The special purpose vehicle will be used to write collateralised reinsurance and retrocessional contracts for the new renewal season.
The pot is made up of $138 mi...
DATE: Jan 09, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
As new insurance-linked securities (ILS) come on line, others are maturing.
German giant Munich Re has added to the billions of dollars worth of ILS based and listed in Bermuda by launching a $63 million sidecar named Eden Re Ltd, according to the Ar...
DATE: Jan 09, 2014
|
CATEGORY:
Reinsurance
|
