76382 results returned for search: "" category "Business"
Bermuda has become the top home for insurance-linked securities following a major conference for international investors.
The Island has notched up $8.5 billion worth of insurance-linked securities (ILS) business listed on the Bermuda Stock Exchange ...
DATE: Dec 05, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Rules on shop opening hours have been ditched in the run-up to Christmas, the Bermuda Chamber of Commerce said today.
Now all stores — of whatever size — will be able to open between 9am and 9pm on Sundays between now and Christmas — and the City of ...
DATE: Dec 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Butterfield Bank shares rose 1.4 percent yesterday, propelling The Royal Gazette / Bermuda Stock Exchange Index higher.
The bank gained two cents to close on $1.42 as 7,727 shares changed hands.
Ascendant Group Ltd, the owner of Belco, fell 50 cents,...
DATE: Dec 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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A Bermuda reinsurance firm has set up a new arm with backing of $65 million.
Aspen Re has created Silverton Re, run by Aspen Capital Markets, to tap into new sources of finance.
Brian Tobben, managing director of Aspen Capital Markets, said: “This is...
DATE: Dec 04, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Supermarkets are bracing themselves for a busy time on the first day of their ten percent discount deal for shoppers.
Lindo’s, MarketPlace and Supermart agreed to offer the special deal — a step up from the traditional five percent discount offered o...
DATE: Dec 04, 2013
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CATEGORY:
Local Business
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A $50 million Government bond issue is aimed at small Bermuda investors, Finance Minister Bob Richards told a meeting last night.
Mr Richards said the $10,000 minimum investment in the issue was geared to personal purchases — not institutional buyers...
DATE: Dec 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Hamilton massage centre has just introduced a new “Revitalise” service.
And Sabai Thai Body Balancing and Massage Centre has introduced a series of special offers to cut the cost of feeling good.
The Front Street centre’s new Revitalise massage is ...
DATE: Dec 04, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The use of generic drugs could cut the cost of healthcare in Bermuda, an insurance company said.
Naz Farrow, chief operating officer for health with the Colonial insurance group, said: “Overall, the generics are less expensive than the brand.
“In ord...
DATE: Dec 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance and reinsurance firm Catlin has sponsored a group of wounded ex-services personnel on a trek to the South Pole, the firm announced yesterday.
Catlin has donated insurance for teams from the UK, the US, Canada and Australia for...
DATE: Dec 04, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Ascendant Group shares rose four percent in Bermuda Stock Exchange trading yesterday.
The parent company of electricity provider Belco gained 40 cents to close on $10.50, as 6,600 of its shares traded.
Insurer BF&M closed lower, falling five cents, o...
DATE: Dec 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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