77143 results returned for search: "" category "Business"
Digicel has fired the latest shot in the battle for market share in the liberalised telecommunications market.
Yesterday, the wireless services provider said it would offer Netflix — the provider of streaming movies and TV shows via the internet — fr...
DATE: Aug 21, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Allied World Assurance Company Holdings, AG has agreed to acquire the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA) for around $215 million.
Switzerland-based Allied World, which started up in Bermuda after the 9/11 t...
DATE: Aug 21, 2014
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CATEGORY:
Reinsurance
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Government trimmed its current-account spending by more than seven percent and booked an increase in revenues during the first quarter of its fiscal year, the Ministry of Finance revealed today.
Finance Minister Bob Richards said in yesterday’s fisca...
DATE: Aug 21, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bermuda insurance industry’s leading lobbyist got a freezing drenching today at the hands of a gleeful American regulator.Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers, had the bucket of ice and water poured over...
DATE: Aug 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Coldwell Banker Bermuda Realty is reporting sales are up 33 percent, year over year; however, property prices have remained stagnant.
The increase is in the number of properties sold, according to the real estate company.
Brian Madeiros, Coldwell Ban...
DATE: Aug 20, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
AM Best is revising its outlook for the reinsurance sector to negative.
The ratings agency said that while reinsurers are currently financially strong, they continue to be squeezed by market conditions and low interest rates.
“It has become even more...
DATE: Aug 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
ZUG, Switzerland — Allied World Assurance Company Holdings, AG announced today that John Bender has been appointed CEO for the company’s global reinsurance operations. Mr. Bender has overseen Allied World’s reinsurance platform globally since 2011. ...
DATE: Aug 20, 2014
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CATEGORY:
Other
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The Cayman Islands, an important international business competitor for Bermuda, is expressing “consternation” that they have been included on a new list of high risk jurisdictions for financial crime.
There are a total of 95 countries listed includin...
DATE: Aug 20, 2014
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Are you Orange? Or Green? Or Blue?
PricewaterhouseCoopers recently released a report with the ambitious title of “The Future of Work — the Journey to 2022”.
As the title suggests, the study looks at how the workplace and work itself is changing and...
DATE: Aug 19, 2014
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CATEGORY:
Bermuda Works
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The Bank of NT Butterfield gained value in trading yesterday, closing 0.01 up at 1.99 on The Royal Gazette/Bermuda Stock Exchange yesterday. It had closed the week’s trading at 1.98 after more than half a million shares had changed hands in the prece...
DATE: Aug 19, 2014
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CATEGORY:
Bermuda Stock Exchange
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