75927 results returned for search: "" category "Business"
A member of a Bermuda legal dynasty has died aged 79.
Richard Pearman, known as Dick, died at his home in Paget on Sunday night.
Mr Pearman, a partner at law firm Conyers, Dill & Pearman — retired in 2000 after more than 40 years at the firm his fath...
DATE: Dec 11, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
No stocks traded on the Bermuda Stock Exchange today.
The Royal Gazette / BSX Index remained on 1,172.69.
The BSX Insurance Index plunged 1.09 percent to 1,430.67.
DATE: Dec 11, 2013
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CATEGORY:
Bermuda Stock Exchange
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A new lawyer called to the Bar almost had to pull out of her law degree in England due to an eye problem.
Alsha Wilson was told by an optometrist in England to take time out from her LL.B studies at the University of Kent — but decided to press on de...
DATE: Dec 10, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Investors led by insurance industry veteran Brian Duperreault have made a deal to buy out Bermuda reinsurer SAC Re.
The company, which was launched with the backing of billionaire trader Steve A Cohen last year, will be renamed Hamilton Re on the clo...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Former Minister of Economy, Trade, Industry & Community Development Patrice Minors, now a regulatory official with the Bermuda Monetary Authority (BMA), is charging Butterfield Trust Bermuda Ltd (BTB) $150 an hour for giving evidence in an $100 milli...
DATE: Dec 10, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Insurer Axis has approved a massive $750 million share repurchase scheme, the firm announced yesterday.
The company said that the board of directors had backed the plan, which will see them buy back common shares in the firm.
President and CEO of Axi...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
An Island-based international insurer and reinsurer has opened an office in Texas to take advantage of a $100 billion boom in shale oil and gas production.
Aspen announced the move to capitalise on the emerging market — and continue its expansion pla...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank gained more than two percent in Bermuda Stock Exchange trading today.
The bank gained three cents, or 2.1 percent, to close on $1.45, as 8,700 shares traded.
Insurer BF&M Ltd went in the opposite direction, slipping 45 cents, or 2.6 ...
DATE: Dec 10, 2013
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CATEGORY:
Bermuda Stock Exchange
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Island insurance firm BF&M yesterday announced its net income was up 15 percent through the first nine months of this year.
BF&M president and CEO John Wight said: “The company’s core operations relating to insurance and investment advisory and admin...
DATE: Dec 10, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Five leading executives in Bermuda’s captive insurance industry have been ranked on the “Power 50” list published in Captive Review magazine’s December issue.
The London-based publication, with more than 12,000 subscribers, annually selects 50 figure...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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