75908 results returned for search: "" category "Business"
The Bermuda Monetary Authority said the Island has registered 47 new insurers for the period ending July.
This is an 81 percent increase from the 26 insurers registered over the same period in 2012, the BMA said last night in a release.
A total of ...
DATE: Aug 22, 2013
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CATEGORY:
Local Business
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by Rebecca Zuill
The Economist Intelligence Unit (EIU) reported today that the growth in Bermuda’s new international companies are primarily investment holding companies “which contribute little to the local economy in terms of employment or governme...
DATE: Aug 22, 2013
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CATEGORY:
Other
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Citywealth magazine’s inaugural international financial centre (IFC) power women top 100 list includes four Appleby professionals.
Appleby, which providers of offshore legal, fiduciary and administration services, clinched the four placings in the le...
DATE: Aug 21, 2013
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CATEGORY:
Local Business
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Butterfield Bank shares fell 3 cents, or 2.14 percent, to close at $1.37 on the Bermuda Stock Exchange yesterday. Some 17,129 shares changed hands.
Ascendant group shares rose 19 cents, or 1.72 percent, to finish at $11.20.
Some 4,000 Bermuda Nationa...
DATE: Aug 21, 2013
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CATEGORY:
Bermuda Stock Exchange
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Fairfax Financial Holdings Limited (Fairfax) announced on Monday that it will acquire American Safety Reinsurance Ltd, and then ‘promptly’ sell it on to Catalina Holdings (Bermuda) Ltd.
To accomplish this, Fairfax also entered into an agreement with ...
DATE: Aug 21, 2013
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CATEGORY:
International Business
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This hurricane season Bermuda authorities will have access to a regional system that provides information not available from other hurricane weather sources.
According to Caribbean Catastrophe Risk Insurance Facility (CCRIF), half a dozen officers o...
DATE: Aug 21, 2013
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CATEGORY:
Local Business
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Bermuda is one of sixteen member governments of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) that have renewed their hurricane and earthquake insurance for the 2013/14 policy year that started June 1, the organisation has announced.
In a...
DATE: Aug 21, 2013
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CATEGORY:
Other
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Fuel prices declined with effect from Friday, August 16, the Ministry of Finance announced yesterday.
Gasoline dropped most significantly, by 2.9 cents a litre, resulting in a maximum price at the pump of 211.20 cents, or $2.11.20.
Diesel has gone do...
DATE: Aug 21, 2013
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CATEGORY:
Local Business
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The Bermuda Stock Exchange closed unchanged yesterday at 1,142.19, after a 5,000 share transaction failed to move the index.
Bermuda National Ltd saw the shares change hands at 12.25.
DATE: Aug 21, 2013
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CATEGORY:
Other
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Tower Group International said yesterday that it will not acquire American Safety Reinsurance (ASRe) as it had announced in June.
Tower, an international insurer which is Bermuda-based and provides range of insurance products in the US and specialit...
DATE: Aug 20, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
