76389 results returned for search: "" category "Business"
American International Group (AIG) has launched a new Bermuda-domiciled subsidiary in response to strong demand for alternative risk financing programmes, particularly from small and medium-sized companies.
Grand Isle SAC Ltd will offer customers the...
DATE: Mar 07, 2014
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CATEGORY:
Reinsurance
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Shares of Butterfield Bank closed above $2 for the first time in four years after surging three percent in Bermuda Stock Exchange trading today.
The bank rose six cents to $2.05 on the trading of 60,000 shares.
It was on March 5, 2010, when Butterfie...
DATE: Mar 07, 2014
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CATEGORY:
Other
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The Bermuda Monetary Authority confirmed today that it has signed a Memorandum of Understanding (MoU) with Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), in relation to the European Union’s Alternative Investment ...
DATE: Mar 07, 2014
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CATEGORY:
Other
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Offered with vacant possession, 56 Reid Street has a secret weapon.
Despite these being times of economic struggle, RAM Re House is the only Hamilton office building on the market. However, its biggest selling point may be the potential the top two f...
DATE: Mar 06, 2014
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CATEGORY:
Local Business
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American International Group promoted Michael Smith to chief operating officer of the division selling coverage to business clients.
Mr Smith, 57, will report to John Doyle, CEO of global commercial insurance, the New York-based company said in a sta...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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Guy Carpenter & Company has announced a management shake-up which will bring a new chairman and a new CEO to the reinsurance broker’s Bermuda office.
Kevin Fisher, CEO of Global Specialties, will relocate from Bermuda to the firm’s London office.
Pet...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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Former Edurance CEO Ken LeStrange is reportedly set to take the role of chairman at new hedge fund-backed reinsurer Pine River Re.
The move, reported by The Insurance Insider citing unnamed sources, would reunited Mr LeStrange with his former Endura...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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Investors are expected to continue ploughing money into insurance-linked securities at an ever greater pace this year — with most of the activity centred on Bermuda.
And analysis by PwC suggests that third-party capital is there as part of long-term ...
DATE: Mar 06, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bank of NT Butterfield rose on trading, returning to a 12 month high of $1.99 after dropping 0.02, but the 2.00 mark remains elusive for the banking sector stock.
Argus Group Holdings Limited also traded, rising 0.09 to close at 4.10. Some 3,800 of ...
DATE: Mar 05, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s plans to expand its area of air traffic control were in focus at the World Air Traffic management Congress in Madrid yesterday.
The Government announced in last November’s Throne Speech its intentions to become a certified Air Navigation Se...
DATE: Mar 05, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
