75931 results returned for search: "" category "Business"
A hunt for a chief of sales and marketing for the new Bermuda Tourism Authority was launched yesterday.
Chairman designate of the authority David Dodwell said the position was key to driving the Island’s bid to revitalise the tourism industry.
He add...
DATE: Nov 15, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) — Ken Griffin’s Citadel LLC and Cambiar Investors LLC are among asset managers that reported holdings in Bermuda-based reinsurer Third Point Reinsurance Ltd after the company’s initial public offering.
Citadel owned 2.12 million ...
DATE: Nov 15, 2013
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CATEGORY:
Reinsurance
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Butterfield Bank has promised to cooperate with a probe by US authorities into suspected American tax dodgers.
A US District Judge in New York’s southern district has authorised the US Internal Revenue Service (IRS) to issue summons to several Americ...
DATE: Nov 15, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
More than $30 billion has gone into specialised insurance linked securities over the last three years alone — and that figure will continue to grow, a Bermuda business chief told a conference yesterday.
Arthur Wightman, a partner and insurance leader...
DATE: Nov 15, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange closed down in trading, losing 7.37 to close at 1,143.17.
BF&M Ltd and Ascendant Group Limited saw movement, with the utility closing down 0.85, ending the day at 10.15 on a volume of 200 shares. Some 800 shares of BF&M Ltd...
DATE: Nov 15, 2013
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Stock Exchange fell by 15.88, finishing at 1,150.54.
The Bank of NT Butterfield Ltd. dropped 0.03 to 1.40. on a volume of 19,640 shares.
Bermuda Aviation Services Ltd. saw 100 move at 3.40, a drop of 0.40.
DATE: Nov 15, 2013
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based insurer Ironshore is reaching for the stars.
The firm’s Pembroke Managing Agency arm is to offer insurance cover for lenders involved in the financing of satellite launches.
Neil Stevens, the director of Pembroke’s space division said: ...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The insurance and reinsurance industry is at a crossroads, an expert warned yesterday.
Matthew Britten, managing director, insurance at accountancy and consultancy firm PwC said that market conditions were already driving significant changes — and th...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A landlord and a tenant generally have opposing objectives when negotiating a new commercial lease.
A landlord usually seeks the highest rent achievable, plus the tenant paying all costs for running the building. Conversely, a tenant usually prefers ...
DATE: Nov 14, 2013
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CATEGORY:
Other
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Bermuda is at the centre of an evolving market in risk, a top insurance consultant said today.
Arthur Wightman, managing director and insurance leader at PwC, said: “What I am saying is that over the last 12 months you have seen this domicile engage ...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
