75927 results returned for search: "" category "Business"
Seven new luxury waterfront apartments that command monthly rents of up to $20,000 have all been leased.
The five three-bedroom units and two two-bedroom units are at Waterloo House, a high-end office and residential rental property developed by the ...
DATE: Jan 07, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Gains in the stock prices of Somers Ltd and Ascendant Group Ltd helped to drive the local stock market higher last week.
Somers, the parent company of Bermuda Commercial Bank, climbed 40 cents, or 3.3 percent in Bermuda Stock Exchange trading to clos...
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9....
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Tower Group International Ltd is to merge with fellow Bermuda company ACP Re Ltd.
Tower expects the transaction to close by summer this year.
A Tower statement said ACP Re is expected to merge “with and into” Tower, “ ... with Tower as the surviving ...
DATE: Jan 06, 2014
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CATEGORY:
Other
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The Royal Gazette / BSX Index remained unchanged on 1,203.37 on a day on which insurer BF&M Ltd was the only company to trade.
BF&M’s share price stayed at $17 as 2,000 shares traded.
The BSX Insurance Index fell 16.01 points, or 1.1 percent, to clos...
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Catlin Group has founded a branch in Singapore.
It began operations on January 1, writing specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region.
The international specialty property/casualty insurer and r...
DATE: Jan 06, 2014
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CATEGORY:
Reinsurance
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A link-up between a US private-equity firm and a Bermuda-based reinsurance firm has been a marriage made in heaven, according to an industry watchdog.
American-based KKR & Co bought nearly a quarter of Nephila Capital, which has been based in Bermuda...
DATE: Jan 03, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The reinsurance sector slid into negative territory on 2014’s first day of equity market trading, a result of reports showing reinsurance rates for January renewals fell between 15 and 20 percent.
Bermuda reinsurers were the hardest hit with red ink ...
DATE: Jan 03, 2014
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CATEGORY:
Reinsurance
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Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9.7...
DATE: Jan 03, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Capital G Bank Ltd will be making a formal announcement about the outcome of potential partnership discussions “in the very near future”, a spokesman said yesterday.
At the beginning of December the privately held bank confirmed it was in discussion...
DATE: Jan 03, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
