75908 results returned for search: "" category "Business"
Bermuda’s Everest Re Group has reported third-quarter profit of $234.8 million or $4.81 per share, down from $250.9 million or $4.82 per share last year.
After-tax operating income, excluding realised capital gains and losses, was $205.0 million or $...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
Global Finance today announced the winners of its 2013 Best Global Insurers awards — and Bermuda has featured heavily in the findings.
The publication said they drew on responses from more than 1,200 readers around the world, as well as input from a ...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
Ascendant Group rose 10 cents to close at $10.40 on a volume of 4,700 on the Bermuda Stock Exchange yesterday.
Argus shares closed unchanged at $4 as 103,000 shares changed hands.
Overall the BSX ended the day down 0.87 or 0.07 percent at 1,162.93.
DATE: Oct 25, 2013
|
CATEGORY:
Bermuda Stock Exchange
|
A US mortgage insurer has accused Bermuda re/insurer Arch Capital of poaching a top employee.
Radian Group Inc. is claiming Arch induced a former account manager to quit and take confidential information with her to gain a competitive edge when it en...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
Government said Bermuda has the highest number of companies ever on the register plus it’s seen a strong rise in new registrations in the first three quarters of the year.
Minister of Economic Development Grant Gibbons said yesterday this was proof o...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
A Bermudian tycoon based in London has sealed a multimillion dollar deal to sell his online delivery firm to eCommerce giants eBay.
Tom Allason, who spent much of his early life on the island and whose mother Nicole still lives here, founded his Shut...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A new health and fitness centre — with a twist — is set to open up on Victoria Street.
Owned by fitness trainer Caroline Tee, Horizon Health will offer personal fitness training and group classes with a focus on corrective posture and functional exer...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
Validus Holdings said it made a profit of $183.4 million, or $1.77 per diluted common share for the three months ended September 30, compared to $207.3 million, or $2.11 per diluted common share last year.
The re/insurer said net operating income for...
DATE: Oct 25, 2013
|
CATEGORY:
Other
|
A top hedge fund regulator has been lined up for a major conference run the Bermuda Monetary Authority’s regulatory forum.
Dame Amelia Fawcett, chairman of the Hedge Funds Standards Board, will be the keynote speak for the one-day event, to be held a...
DATE: Oct 24, 2013
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
The head of Ace has spoken out against a push for new US accounting standards.
Ace CEO Evan Greenberg said the changes may distract investors from the most useful metrics in gauging insurers’ financial status.
“I don’t know whose benefit you’re ultim...
DATE: Oct 24, 2013
|
CATEGORY:
Other
|
