75908 results returned for search: "" category "Business"
Bermuda-based Lancashire Holdings has announced that its shareholders have voted through its proposal to acquire Cathedral Capital, a privately owned Lloyd’s insurer.
Lancashire’s investors last Thursday voted more than 99 percent in favour of its 26...
DATE: Sep 09, 2013
|
CATEGORY:
International Business
|
Digicel has introduced new home internet and mobile phone service bundles.
Calling it a first-of-a-kind offering in Bermuda, Digicel said a survey last year showed as many as 95 percent of the Island’s residents owned mobile phones.
Four new Digicel ...
DATE: Sep 09, 2013
|
CATEGORY:
Local Business
|
Argus Group Holdings advanced 0.65, or 18.1 percent, and closed at $4.25 yesterday as 10,000 shares changed hands.
LOM (Holdings) Ltd declined 0.15, or 6.1 percent, and closed at $2.30 as 21,704 shares changed hands.
KeyTech Ltd declined 0.10, or 1.6...
DATE: Sep 07, 2013
|
CATEGORY:
Bermuda Stock Exchange
|
The Ministry of Finance and the Cabinet Office announced today that the Government of Bermuda has written to the UK Foreign and Commonwealth Office (FCO) to request that the Multilateral Convention on Mutual Assistance in Tax Matters (Convention) inc...
DATE: Sep 07, 2013
|
CATEGORY:
Other
|
The total retail sales estimate in July 2013 rose four percent, or nearly $4 million over July 2012, according to the Retail Sales Index released by the Department of Statistics this morning.
The number is a high for the past year, with the exception...
DATE: Sep 07, 2013
|
CATEGORY:
Other
|
Dear Dave: My wife and I make together about $100,000 a year, almost $50,000 in an IRA and no debt except for our home. The problem is I’ve had several health issues lately, and we’ve diverted a lot of money we’d put into saving and investing towards...
DATE: Sep 07, 2013
|
CATEGORY:
Other
|
KeyTech shares fell 19 cents, or 2.9 percent, to close at $6.30 as 3,383 of the shares traded.
Ascendant Group was unchanged at $11.20 as 22 shares traded.
Overall the BSX closed down 2.35, or 0.20 percent, at 1,160.77.
DATE: Sep 06, 2013
|
CATEGORY:
Bermuda Stock Exchange
|
The growth spurt is being fuelled by a recovery in the TCI’s tourism and construction sectors with spillovers into the wholesale and retail sectors.
In contrast, the latest projections by the Bermuda Government are for flat to negative 0.75 percent ...
DATE: Sep 06, 2013
|
CATEGORY:
International Business
|
The reinsurers, which has offices in Bermuda, said for the six months ended June 30, post-tax profit was £42 million compared to £33 million in 2012.
Gross written premiums were £527 million compared to £343 million in 2012.
The company’s combined ra...
DATE: Sep 06, 2013
|
CATEGORY:
International Business
|
Tower Group underwrites re/insurance in Bermuda, the US and London markets, and holds an 11 percent stake in re/insurer Canopius.
“The Complaint alleges that during the Class Period defendants issued false and misleading statements or failed to discl...
DATE: Sep 06, 2013
|
CATEGORY:
International Business
|
