76395 results returned for search: "" category "Business"
Bermuda suffered a year-over-year loss of more than 1,100 jobs through August last year, according to the latest Government employment figures.
The Department of Statistics 2014 edition of the Bermuda Job Market Employment Briefs Employment figures, ...
DATE: Apr 22, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company.
The plan, which will be in place for one year, will give shareholders rights ...
DATE: Apr 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Both Butterfield Bank and Ascendant Group jumped in Bermuda Stock Exchange trading last week to lead the local stock market higher.
Butterfield gained six cents or three percent, to close on $2.05 on Thursday at the end of a trading week shortened fo...
DATE: Apr 21, 2014
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CATEGORY:
Bermuda Stock Exchange
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Endurance Specialty Holdings Ltd has named Richard Housley as executive vice-president and global practice leader for property insurance.
The appointment reunites Mr Housley with John Charman, chairman and CEO of Endurance, as they used to work toget...
DATE: Apr 21, 2014
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CATEGORY:
Reinsurance
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Aspen Insurance Holdings Ltd says it has found “overwhelming consensus” among shareholders for rejecting Endurance Specialty Holdings’ $3.2 billion bid for the company.
However, that is disputed by Endurance which is arguing today that shareholders o...
DATE: Apr 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Butterfield Bank shares dipped 2.4 percent today to lead The Royal Gazette/ Bermuda Stock Exchange Index lower.
The bank fell five cents, to $2, as 9,200 shares traded.
KeyTech Ltd shares slid 29 cents, or 5.4 percent, to $5.11, as 3,196 shares chang...
DATE: Apr 21, 2014
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CATEGORY:
Bermuda Stock Exchange
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Dear Dave,
I’m 20 years old, and I’m trying to get out of debt. However, I’m concerned about what might happen when I’m older and don’t have a credit score. My girlfriend says I won’t be able to get a job or rent an apartment without a good one. Is t...
DATE: Apr 19, 2014
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CATEGORY:
Personal Finance
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Butterfield Bank shares surged past $2 on Thursday in light, pre-holiday trading on the Bermuda Stock Exchange.
The bank rose six cents, or three percent to $2.05, on the trading of 1,500 shares.
Butterfield’s eight percent preference shares slid $5,...
DATE: Apr 19, 2014
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CATEGORY:
Bermuda Stock Exchange
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The five-year government rebate scheme for solar voltaic installations is to end this month, it was announced yesterday — but at least one solar energy infrastructure provider is not concerned by the move.
Jamie Smith, president of Solar Bermuda, on...
DATE: Apr 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) saw their profits increase in a year of low catastrophe activity.
Releasing 2013 underwriting results on Thursday, ABIR said profits totalled $11.7 billion in 2013 for the ...
DATE: Apr 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
