76382 results returned for search: "" category "Business"
Butterfield Bank was the only company to trade on the Bermuda Stock Exchange on New Year’s Eve.
The BSX, which was closed yesterday for the New Year’s Day holiday, closed 2013 with The Royal Gazette/BSX Index at 1,201.05 — up about 15 percent from a ...
DATE: Jan 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Stock Exchange has not shaken off the holiday mood — with no trades today and an unchanged close at just over 1,201.
But the Bermuda Insurance Index reflected the New Year slump in reinsurance renewal rates, dropping 32.7 points to finish...
DATE: Jan 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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Former Ace Global chief financial officer (CFO) Andrew Gibbs is joining the Bermuda Monetary Authority (BMA) as director, supervision (insurance).
For the past five years, Mr Gibbs was at Validus Holdings Ltd as executive vice-president, head of inte...
DATE: Jan 02, 2014
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CATEGORY:
Other
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Reinsurance rates are falling amid a glut of capital in the industry, according to reinsurance broker Guy Carpenter.
In its latest market report, Guy Carpenter said property-catastrophe reinsurance rates during January 1 renewals were down 11 percent...
DATE: Dec 31, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A new player in the health and fitness business yesterday opened its doors.
Horizon Health focuses on physical exercise but also provides lifestyle and nutrition counselling, as well as offering Reik, a Japanese technique for stress reduction and rel...
DATE: Dec 31, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Champagne sales are booming as Bermuda is determined to see out 2013 with a bang.
Bottles of bubbly are flying off the shelves — despite the recession.
And Charles Gosling, of the Island’s largest drinks supplier Gosling’s, said: “I would say probabl...
DATE: Dec 31, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The run-up to Christmas helped boost sales in the retail sector by 4.7 percent, the latest figures have revealed.
Shoppers spent a total of $87.7 million in November - with most of the major sectors seeing an increase in sales.
Only service stations...
DATE: Dec 30, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The fast-growing insurance-linked securities (ILS) market is still in its early days of development and 2014 will provide some clues about its future impact on traditional reinsurers.
That is the view of Steve Evans, a leading observer of the ILS mar...
DATE: Dec 30, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Falls in the share prices of Bermuda Press (Holdings) Ltd and Somers Ltd sent The Royal Gazette/BSX Index lower last week.
Bermuda Press Holdings, which owns The Royal Gazette, as well as commercial printing, retail and real estate interests, suffere...
DATE: Dec 30, 2013
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CATEGORY:
Bermuda Stock Exchange
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Ascendant Group Ltd was the biggest climber on the Bermuda Stock Exchange today, gaining 2.4 percent.
The owner of electricity company Belco saw its share price rise by 24 cents to close on $10.25 on the trading of 1,800 shares.
Watlington Waterworks...
DATE: Dec 30, 2013
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CATEGORY:
Bermuda Stock Exchange
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