76393 results returned for search: "" category "Business"
Capital G Bank Ltd last night confirmed it has made five positions redundant as of last Friday.
A Capital G Bank spokesperson said last night that the redundancies were made as part of its ongoing organisational transformation plans, and were from va...
DATE: Apr 03, 2014
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CATEGORY:
Other
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Cell phone users will see a few extra cents added to their bills because of an increase in the Government licence fee for a mobile line.
Wireless services provider Digicel alerted its customers to the increase, which will see the fee rise from $7 to ...
DATE: Apr 03, 2014
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CATEGORY:
Local Business
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Butterfield Bank shares were the only ones to trade on the Bermuda Stock Exchange (BSX) today.
The bank stayed at $1.99, as 53,546 of its shares changed hands.
The Royal Gazette/BSX Index was unchanged at 1,389.16. Turnover was $106,021.08.
The BSX ...
DATE: Apr 03, 2014
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CATEGORY:
Bermuda Stock Exchange
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Allied World’s new managing agency in the Lloyd’s insurance market opened for business in London yesterday.
Allied World Managing Agency Ltd received approval from Lloyd’s, the Prudential Regulation Authority and the Financial Conduct Authority to la...
DATE: Apr 02, 2014
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CATEGORY:
Reinsurance
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“The largest increase came in the health and personal care sector and remained the largest contributor to the 12-month rate of price increases at 7.7 percent.”
The report added: “The food sector along with the transport and vehicles sectors also impa...
DATE: Apr 02, 2014
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CATEGORY:
Economy
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The Bermuda office of Appleby, one of the world’s largest offshore providers of legal, fiduciary and administration services, has announced the appointment of one lawyer to partner and the appointment of two further lawyers to the position of counsel...
DATE: Apr 02, 2014
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CATEGORY:
Local Business
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Reinsurance pricing continued to fall almost across the board at the April 2014 renewals, according to the 1st View renewals report from reinsurance broker Willis Re.
Trends observed by Willis during the January 1, 2014 renewals continued and showed ...
DATE: Apr 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Bank of NT Butterfield Ltd saw a comparatively low volume of shares trade yesterday, with 6,500 shares moving at an unchanged 1.98.
The equity has seen hundreds of thousands of shares change hands in the last week on the Bermuda Stock Exchange.
The ...
DATE: Apr 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) — JPMorgan Chase & Co will manage funds for a new Bermuda-based reinsurer that raised $1.13 billion in capital, concentrating the investments in junk bonds.
JPMorgan’s Highbridge Principal Strategies LLC will oversee the assets f...
DATE: Apr 02, 2014
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CATEGORY:
Reinsurance
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Former Bermuda Monetary Authority chairman Alan Cossar has been named as non-executive chairman of the ILS funds run by a subsidiary of Bermuda reinsurer Hiscox Re.
Kiskadee Investment Managers has also appointed Richard Lowther as chief operating of...
DATE: Apr 02, 2014
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CATEGORY:
Reinsurance
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