75927 results returned for search: "" category "Business"
Butterfield Bank presented The Salvation Army with a $5,003 donation with the proceeds of its staff Holiday Raffle ticket sales.
During December, Butterfield employees had the opportunity to purchase $1 raffle tickets for a chance to win prizes incl...
DATE: Dec 20, 2013
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CATEGORY:
Local Business
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Former Endurance Specialty chief risk officer Nicholas Campbell has joined Third Point Reinsurance Ltd.
Mr Campbell, a Bermudian, has joined the company in the role of senior vice-president, underwriting.
Third Point Re chief executive officer John ...
DATE: Dec 20, 2013
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CATEGORY:
Reinsurance
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Bermuda has won qualified jurisdiction status from the US National Association of Insurance Commissioners (NAIC).
The move means that reinsurers licensed and based in Bermuda will be eligible to be certified for reduced reinsurance collateral requir...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange closed at 1,203.50, up 12.40.
Argus Group Holdings Ltd traded with 425 shares changing hands at 4.69, which is 0.69 up on previous trading.
DATE: Dec 20, 2013
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CATEGORY:
Other
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France has removed Bermuda from its tax blacklist, Finance Minister Bob Richards said today.
The move came after high-level talks between French officials and Finance Ministry staff.
Mr Richards said: “I was impressed by the goodwill shown by French...
DATE: Dec 20, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The $50 million Bermuda Government Bond has been given a AA- rating by ratings agency Fitch, it was announced yesterday.
Fitch said the rating was “in line with Bermuda’s long-term local currency issuer default rating (IDR) of AA- with a negative out...
DATE: Dec 19, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Pop-up shops are popping up throughout Hamilton.
With Christmas being the season of giving, charities and community organisations have also got into the act, following the example of PALS, whose blue and white-decorated tree towering in the foyer of...
DATE: Dec 19, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
It is one of the biggest buys ever made by the Japanese insurance firm.
Michael Watson, chairman and CEO of Canopius, said: “We have a long-standing business relationship with the NKSJ Group and are very proud to become the specialist insurance platf...
DATE: Dec 19, 2013
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CATEGORY:
Reinsurance
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The Bermuda Foundation For Insurance Studies (BFIS) received an early Christmas present in the form of a donation of $15,000 from Bermuda-based insurance company Lancashire.
John Ringold, Lancashire’s Bermuda operations manager said: “We are delighte...
DATE: Dec 19, 2013
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CATEGORY:
Reinsurance
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Bermuda Commercial Bank is set to buy and move into the LP Gutteridge Building in Hamilton.
The purchase of the bank’s new 29,000 sq ft home was revealed today in the earnings statement of its parent company Somers Ltd.
It comes after a solid year fo...
DATE: Dec 19, 2013
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
