76383 results returned for search: "" category "Business"
A special purpose reinsurer run by Bermuda-based Everest Re has smashed its target funding of $250 million by $120 million.
Everest Re said its Mt Logan Re arm had secured additional funding — bringing its total capacity to $370 million.
Mt Logan Re ...
DATE: Jan 13, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Ratings agency AM Best may upgrade Tower Group International — providing its planned merger with fellow Bermuda company ACP Re Ltd goes through.
Best has maintained troubled Tower’s ratings with an under review status, but has revised the implication...
DATE: Jan 13, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Luxe Salon, the Hamilton beauty salon that opened in November, officially launched its website and mobile app on Friday evening at a special celebratory event.
The salon’s mission is that clients ‘Get luxed’, and to that end, the stylists at the 20 R...
DATE: Jan 13, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
Rebecca Zuill
A Bermuda-listed firm has issued $400 million worth of ten-year notes.
The issue was announced by Hong Kong Land Holdings, part of the Bermuda-domiciled Jardine Matheson empire.
The issue will be made through The Hong Kong Land Finance (Cayman Island...
DATE: Jan 13, 2014
|
CATEGORY:
International Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Six domestic-board companies saw their stock prices fall in Bermuda Stock Exchange trading last week, two of them by double-digit percentages.
The Royal Gazette/BSX Index slid 25.06 points, or 2.12 percent, to end the week on 1,178.31.
Worst-hit was...
DATE: Jan 13, 2014
|
CATEGORY:
Bermuda Stock Exchange
|
Butterfield Bank has bought over a multibillion dollar trust and corporate services business in Guernsey — its first buy since the global financial crisis started to bite in 2007.
The Bermuda bank has agreed terms with Legis Group Holdings and is exp...
DATE: Jan 13, 2014
|
CATEGORY:
Local Business
|
AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based company has changed the name of a multi-billion dollar London subsidiary.
Somers Ltd — itself formerly known as Bermuda National Ltd, owner of the Bermuda Commercial Bank — announced its JO Hambro Investments Management, which has $7 ...
DATE: Jan 13, 2014
|
CATEGORY:
Other
|
AUTHOR:
Raymond Hainey, Assistant News Editor
Going somewhere off island? How long are you going to stay?
How many trips and visits did you make last year? Where did you go and how long was each visit? Your thought is — ‘We had fun, enjoyed ourselves, so why do we need to pay attention to this ...
DATE: Jan 11, 2014
|
CATEGORY:
Personal Finance
|
Dear Dave,
My wife and I are working the Baby Steps, and we have our budget in place. Sometimes the budget gets busted because of home improvements and various other things. I think we should take money from our emergency fund when this happens, but ...
DATE: Jan 11, 2014
|
CATEGORY:
Personal Finance
|
The Bermuda Stock Exchange Index declined 25.06 or 2.12 percent. Some 81,811 shares moved at a value of 559,397.84.
In the banking sector, Bank of NT Butterfield Preference Shares closed at 1,200 with 30 trading, up 18.00. Bank of NT Butterfield Ltd ...
DATE: Jan 11, 2014
|
CATEGORY:
Bermuda Stock Exchange
|
