76382 results returned for search: "" category "Business"
Insurer Axis has approved a massive $750 million share repurchase scheme, the firm announced yesterday.
The company said that the board of directors had backed the plan, which will see them buy back common shares in the firm.
President and CEO of Axi...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
An Island-based international insurer and reinsurer has opened an office in Texas to take advantage of a $100 billion boom in shale oil and gas production.
Aspen announced the move to capitalise on the emerging market — and continue its expansion pla...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank gained more than two percent in Bermuda Stock Exchange trading today.
The bank gained three cents, or 2.1 percent, to close on $1.45, as 8,700 shares traded.
Insurer BF&M Ltd went in the opposite direction, slipping 45 cents, or 2.6 ...
DATE: Dec 10, 2013
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CATEGORY:
Bermuda Stock Exchange
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Island insurance firm BF&M yesterday announced its net income was up 15 percent through the first nine months of this year.
BF&M president and CEO John Wight said: “The company’s core operations relating to insurance and investment advisory and admin...
DATE: Dec 10, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Five leading executives in Bermuda’s captive insurance industry have been ranked on the “Power 50” list published in Captive Review magazine’s December issue.
The London-based publication, with more than 12,000 subscribers, annually selects 50 figure...
DATE: Dec 10, 2013
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CATEGORY:
Reinsurance
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Professional services firm PwC is to hold its sixth annual seminar to examine the latest updates in captives, the company has announced.
Next Monday’s seminar will look at changes in accounting rules, tax and regulatory matters affecting the captive ...
DATE: Dec 09, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda Press (Holdings) Ltd was the biggest climber in Bermuda Stock Exchange trading last week.
The company, which owns The Royal Gazette, as well as retail, real estate and commercial printing interests, saw its stock price climb 50 cents, or 5.9 ...
DATE: Dec 09, 2013
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CATEGORY:
Bermuda Stock Exchange
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The non-Bermudian house market has five completed freehold contracts so far this year and there are several others at varying stages of contract.
John Sinclair of Sinclair Realty, the Bermuda Affiliate of Christie’s International Real Estate, said th...
DATE: Dec 09, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Long-serving travel agent Carl Paiva has retired from the firm he founded more than a decade ago, it was announced yesterday.
Mr Paiva, who has spent more than 40 years in the industry, founded C Travel with business partner Lois Wilson 13 years ago ...
DATE: Dec 09, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange was quiet today with no trades, so it finished unchanged from Friday’s close at 1,161.62.
DATE: Dec 09, 2013
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CATEGORY:
Bermuda Stock Exchange
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