75931 results returned for search: "" category "Business"
Overseas firms could be tempted to take over running services like the airport if the SAGE Commission’s proposals on privatisation take off.
And construction firms would be eager to move into new areas if Government maintenance contracts in areas lik...
DATE: Nov 19, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based New Ocean Capital Management Ltd, the investment management company recently formed by XL, has appointed industry veteran Chris McKeown as its new chief executive officer.
The funds of the insurance linked securities-focused company are...
DATE: Nov 19, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
XL Group plc last night priced a $600 million debt offering.
The Ireland-based global business insurer, with substantial operations in Bermuda, said its wholly-owned subsidiary, XLIT Ltd (XL-Cayman), has priced a public offering of $300 million aggre...
DATE: Nov 19, 2013
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CATEGORY:
Reinsurance
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A top industry expert is to announce the key findings of a major survey on hedge funds at a meeting in Bermuda on Thursday.
Michael Lee, who has just been appointed global asset management leader at EY, will reveal the results of the annual survey at...
DATE: Nov 19, 2013
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bank of NT Butterfield Limited shares rose 0.05 giving the Bermuda Stock Exchange a 23.60 boost.
Butterfield saw 133,475 stocks move at its ask of 1.45, and that trade meant the BSX closed at 1,166.77.
DATE: Nov 19, 2013
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CATEGORY:
Bermuda Stock Exchange
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Cloud computing and digital security experts QuoVadis Services have been granted a Communications Operating Licence to operate telecommunications networks by the Regulatory Authority of Bermuda (RAB).
QuoVadis Services said it is the first company ou...
DATE: Nov 19, 2013
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CATEGORY:
Local Business
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Mid Ocean World Investments Ltd and Bermuda Capital Company Ltd have each filed their intention to hold a special general meeting to approve their merger.
Both meetings are scheduled for December 2: Mid Ocean World Investments at 2pm and Bermuda Cap...
DATE: Nov 19, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Henry Keizer is a new member of the Montpelier Re Holdings Ltd board.
He was appointed to fill a vacancy, and joins “with immediate effect,” according to a press release from the reinsurer.
Montpelier, a provider of short-tail reinsurance and other s...
DATE: Nov 19, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
The Royal Gazette / Bermuda Stock Exchange Index fell nearly two percent last week, as KeyTech Ltd was the only domestic-board company to advance.
The index closed on Friday at 1,143.17, down 22.63 points, or 1.97 percent, over a trading week shorten...
DATE: Nov 18, 2013
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CATEGORY:
Bermuda Stock Exchange
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The appointment of Warren Jones as the new chief executive officer of Stevedoring Services is just one part of a major overhaul for the company.
The just-retired Permanent Secretary for Education will start at Bermuda’s port operations company at th...
DATE: Nov 18, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill