77143 results returned for search: "" category "Business"
Dear Dave,
My wife and I have $25,000 in credit card debt, $2,500 in medical bills and $89,000 each in student loan debt from when we each got our masters’ degrees. We make about $100,000 combined. Our son is six years old, and we have $18,000 in a ...
DATE: Jul 26, 2014
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CATEGORY:
Personal Finance
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Bermudian teenager Nicholas Lines dreaded the thought of any ordinary summer job. He wanted to do something “interesting”, dreaming of making extra cash, doing something he loved and acting as his own boss.
Lines, inseparable from his boat, consider...
DATE: Jul 25, 2014
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CATEGORY:
Local Business
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The Royal Gazette/Bermuda Stock Exchange closed up 1.38 to finish the day’s trading at 1,374.76.
A total of 183,831 shares of Bank of NT Butterfield Limited moved, closing unchanged at 2.00.
BF & M shares traded, with 1,500 changing hands to close th...
DATE: Jul 25, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda re/insurer Validus Holdings Ltd last night reported second-quarter profit of $153.4 million.
The company’s net income surged fivefold from the second quarter of 2013 when significant catastrophe claims related to European floods impacted resu...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A ‘golden handshake’ amounting to a value of more than $10 million to Lancashire Holdings founder and retiring chief executive officer Richard Brindle impacted the reinsurer’s second quarter results announced yesterday.
The report stated: “Lancashir...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
A total of three major aircraft losses this year should halt the decline in aviation insurance rates, states a preliminary report released by AM Best on the insurance implications of the crash of Malaysia Airlines Flight MH-17.
It said: “For a number...
DATE: Jul 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Shares of KeyTech Ltd fell nearly seven percent in Bermuda Stock Exchange trading today to return to a 52-week low.
The telecommunications group ended the day on $3.50, having fallen 25 cents, or 6.7 percent, on the trading of 1,700 shares.
Butterfie...
DATE: Jul 25, 2014
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CATEGORY:
Bermuda Stock Exchange
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Allied World Assurance Company Holdings yesterday reported net income of $151.9 million for the second quarter of 2014 compared to a net loss of $1.9 million for the second quarter of 2013. Operating income was $76.1 million, down from $103.5 million...
DATE: Jul 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
NEW YORK (Bloomberg) — Ace Ltd chief executive officer Evan Greenberg said the insurer’s formula for integrating companies gives him confidence that he can handle risks in emerging markets, even as he faulted Brazilian leaders for “lousy” economic po...
DATE: Jul 24, 2014
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CATEGORY:
Reinsurance
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Bermuda market executives are involved in the latest portion of the Bermuda Insurance Institute/Wharton Leadership programme. This year there are 19 professionals from 11 different companies participating in the educational initiative.
Bermuda Insur...
DATE: Jul 24, 2014
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CATEGORY:
Reinsurance
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