76382 results returned for search: "" category "Business"
The Internal Revenue Service recently released inflation adjustments to various tax benefits as well as announcing a decrease in personal contact between taxpayers and IRS personnel with a greater reliance on automated self-service options. Given the...
DATE: Jan 07, 2014
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CATEGORY:
Other
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The Department of Workforce Development is hosting an information session for those in the power engineering profession today.
The purpose of the meeting is to discuss proposed power engineer regulations and national certification within the professi...
DATE: Jan 07, 2014
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CATEGORY:
Other
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NEW YORK (Bloomberg) — Genworth Financial said US and Bermuda-based affiliates assumed about $8.3 billion of reserves from its main units at the end of 2012.
Genworth, the largest seller of private long-term care insurance (LTCI) coverage, disclosed ...
DATE: Jan 07, 2014
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CATEGORY:
Reinsurance
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Shares of Bermuda Commercial Bank owner Somers Ltd fell more than three percent in Bermuda Stock Exchange trading today.
Somers fell 40 cents, or 3.2 percent, to close the day on $12, as 5,000 shares traded.
Butterfield Bank and BF&M also traded, but...
DATE: Jan 07, 2014
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CATEGORY:
Bermuda Stock Exchange
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Capital G Ltd announced today that it had entered into a formal agreement to amalgamate with Clarien Group Ltd, a wholly owned subsidiary of newly formed Bermuda exempted CWH Ltd.
Through Clarien, CWH will assume the majority ownership of Capital G B...
DATE: Jan 07, 2014
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CATEGORY:
Other
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Seven new luxury waterfront apartments that command monthly rents of up to $20,000 have all been leased.
The five three-bedroom units and two two-bedroom units are at Waterloo House, a high-end office and residential rental property developed by the ...
DATE: Jan 07, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Gains in the stock prices of Somers Ltd and Ascendant Group Ltd helped to drive the local stock market higher last week.
Somers, the parent company of Bermuda Commercial Bank, climbed 40 cents, or 3.3 percent in Bermuda Stock Exchange trading to clos...
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9....
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Tower Group International Ltd is to merge with fellow Bermuda company ACP Re Ltd.
Tower expects the transaction to close by summer this year.
A Tower statement said ACP Re is expected to merge “with and into” Tower, “ ... with Tower as the surviving ...
DATE: Jan 06, 2014
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CATEGORY:
Other
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The Royal Gazette / BSX Index remained unchanged on 1,203.37 on a day on which insurer BF&M Ltd was the only company to trade.
BF&M’s share price stayed at $17 as 2,000 shares traded.
The BSX Insurance Index fell 16.01 points, or 1.1 percent, to clos...
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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