77143 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange declined 4.40 in trading yesterday, closing at 1,364.72.
A total of 12,600 shares traded at a value of $73,355.00.
Argus Group Holdings Ltd saw 2,200 shares changed hands at 3.80, a decline of 0.10.
Also trad...
DATE: Jul 19, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda bankers are pessimistic about maintaining historic levels of profitability and return on equity in a market of weak demand, low interest rates, increased capital costs and increased capital requirements.
But they have opted for a strong defen...
DATE: Jul 19, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Dear Dave,
My mom is 71 and debt-free. She’s investing $600 a month in a universal life insurance policy worth $250,000 because she wants to leave something behind when she dies. What could she invest this money in, other than the life insurance poli...
DATE: Jul 19, 2014
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CATEGORY:
Personal Finance
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Bermuda Aviation Services Limited (BAS) has declared a profit of some $780,000 after two significant restatements for the year ending March 31.
The company stated in a filing to the Bermuda Stock Exchange: “2014 was another profitable one, albeit not...
DATE: Jul 18, 2014
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CATEGORY:
Local Business
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Bermuda-based Catlin Group will partner with the Tower of London and Historic Royal Palaces, the independent charity that manages the Tower, to commemorate the start of the First World War with a remarkable art installation.
The first of more than 80...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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Shares of Bermuda reinsurer Platinum Underwriters Holdings Ltd fell more than four percent yesterday after the company’s second-quarter earnings fell short of analysts’ expectations.
Platinum reported net income of $36.2 million for the April through...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The US Senate voted yesterday to extend a programme that would cushion the blow to insurance companies in the event of a massive terrorist attack.
The Terrorism Risk Insurance Act (TRIA) was enacted in the aftermath of the September 11, 2001 attacks...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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The Royal Gazette/Bermuda Stock Exchange closed 3.09 yesterday to finish the day at 1,369.12.
Some 35,225 shares changed hands at a value of $77,897.75.
Bank of NT Butterfield saw 30,225 shares change hands at a steady 1.99, and 152 Bank of NT Butter...
DATE: Jul 18, 2014
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CATEGORY:
Bermuda Stock Exchange
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Investors will soon have an opportunity to ride the star of top Bermudian insurance executive, Brian Duperreault and his latest corporate venture.
The Hamilton Insurance Group may go public as early as next year, as the company continues to swiftly b...
DATE: Jul 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Clarien Bank Limited advised today that Zoran Fotak will be leaving the bank.
The statement said that he will be on leave until October, but that his official last day with the Bank will be October 18, 2014.
Ian Truran will remain Co-CEO for Clarien...
DATE: Jul 18, 2014
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CATEGORY:
Other
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