75906 results returned for search: "" category "Business"
A Bermuda investment company “is complying fully” with a seizure order for $2.8 million filed on Tuesday by the US government.
The action states that the “property subject to forfeiture” are funds on deposit at Old Mutual of Bermuda Limited. It reads...
DATE: Sep 27, 2013
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Other
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Bermuda National Limited, a Bermuda exempted financial services investment holding company, has announced it has introduced a share repurchase programme, according to the Bermuda Stock Exchange. (BSX)
It stated: “The programme will enable BNL to repu...
DATE: Sep 27, 2013
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CATEGORY:
Local Business
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Some 5,000 shares in Argus traded, closing unchanged at $4.30.
Some 233 shares in BF&M traded, closing unchanged at $19.80.
Bermuda Press (Holdings) shares also traded, also closing unchanged at $8.50 on a volume of 108.
Overall the BSX closed unchan...
DATE: Sep 26, 2013
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CATEGORY:
Bermuda Stock Exchange
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A US-based anti-money laundering training firm is suing a Bermuda firm with a similar name for alleged breach of intellectual property.
Cheryl-Ann Mapp, the corporate secretary and general counsel of Ascendant Group, set up CAMS Ltd (Compliance And A...
DATE: Sep 26, 2013
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Other
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Having a strong brand outside the insurance sector and being politically savvy are among the top ten attributes reinsurance market leaders of the future will likely need.
This according to a new report by PwC Bermuda, entitled ‘Reinsurance 2020: Brea...
DATE: Sep 26, 2013
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Other
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Reinsurers need to compete on more than just price to have any chance of survival as the market faces a “near perfect storm”, according to a new report by PwC Bermuda, entitled ‘Reinsurance 2020: Breaking the mould’.
The PwC report found risk insigh...
DATE: Sep 26, 2013
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CATEGORY:
Other
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Drinks giant Gosling’s is gearing up to “paint the town black” today as part of a worldwide celebration of the birth of Guinness stout.
And Quin-sae Smith, marketing manager at Gosling’s, said Arthur Guinness Day, named after the founder of the famou...
DATE: Sep 26, 2013
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Other
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Shadow Finance Minister David Burt said: “The first thing I will say is I just want it to be very clear that the Minister and the Government will have the support of this side of the House on this matter.
“What this Bill is doing is, it follows up on...
DATE: Sep 26, 2013
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Other
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A preliminary strategy for delivering major building works has been delivered to Governement.
Opposition leader Marc Bean — speaking after Public Works Minister Trevor Moniz said he had not seen the report, commissioned just before the PLP lost power...
DATE: Sep 26, 2013
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CATEGORY:
Other
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AM Best Co has announced they have upgraded the financial strength rating to A+ (Superior) from A (Excellent) and issuer credit ratings (ICR) to ‘aa-’ from ‘a+’ of AXIS Specialty Limited (AXIS) and its operating affiliates.
Concurrently, AM Best has ...
DATE: Sep 26, 2013
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CATEGORY:
International Business
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