76393 results returned for search: "" category "Business"
After 19 years at its previous location on Cedar Avenue, the Bermuda Insurance Institute (BII) has moved to a purpose-built facility in Sofia House.
Finance Minister Grant Gibbons and several members of the insurance, reinsurance, and captive insuran...
DATE: Apr 08, 2014
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CATEGORY:
Reinsurance
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Butterfield Bank shares rose one percent yesterday to send The Royal Gazette/Bermuda Stock Exchange Index higher.
The bank rose two cents to close on $1.99, as 19,500 shares traded.
Somers Ltd and Ascendant Group Ltd also saw trading activity, but th...
DATE: Apr 08, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Bank of N.T. Butterfield & Son Limited have announced they have acquired Legis Group Holdings Limited Guernsey-based trust and corporate services business.
A press release announcing the move stated the deal was agreed in principle in January.
Th...
DATE: Apr 08, 2014
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CATEGORY:
Other
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged at 1,389.16 last week.
Almost all the trading centred on Butterfield Bank, which stayed unchanged on $1.98, as 382,874 of its shares changed hands.
The only other domestic-board compan...
DATE: Apr 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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Reinsurers had a “miraculous” year of strong profitability in 2013 — despite a slew of challenges which ratings agency AM Best expects to weigh on the industry’s future prospects.
In its special report on the global reinsurance sector, entitled “Coul...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Premier Craig Cannonier will lead a strong Bermuda contingent travelling to Denver next month for the Risk & Insurance Managers Society’s annual conference.
Two of his Cabinet colleagues — Education and Economic Development Minister Grant Gibbons and...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bacardi chief executive officer Ed Shirley is to leave the company after two years in the top job, the Bermuda-based beverage giant announced last night.
“Mr Shirley expressed his plans to return to retirement after a successful 36-year career,” Baca...
DATE: Apr 07, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
The Bermuda Stock Exchange closed down 2.36, finishing the day at 1,386.80.
Ascendant Group was a riser, with 6,707 shares moving at 7.65. up 0.10.
Somers Limited also closed up 0.25, with 200 shares trading at 12.25.
However, Bank of NT Butterfield...
DATE: Apr 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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Hiscox Re has beefed up its senior management with two appointments announced today.
Reeva Bakhshi has been named chief financial officer and Paresh Thakrar as chief operating officer.
Hiscox brought together its global reinsurance operations under t...
DATE: Apr 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Dear Dave,
My bank is encouraging me to use my retirement fund to buy fixed annuities. Is this a good investment?
— John
Dear John,
More times than not, when you go to a bank for investment advice, what you’ll get in the bargain is bad advice. And t...
DATE: Apr 05, 2014
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CATEGORY:
Personal Finance
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