75908 results returned for search: "" category "Business"
Extreme weather events are taking their toll on the insurance industry even though midway through August the North Atlantic has yet to see its first hurricane of the year.
So far there have been five tropical storms including the currently active sys...
DATE: Aug 19, 2013
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Other
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Bermuda National Ltd, parent company of the Bermuda Commercial Bank, was the biggest advancer in Bermuda Stock Exchange trading last week, gaining 2.1 percent to reach a 52-week high.
The company’s shares gained 25 cents to close the five days of tr...
DATE: Aug 19, 2013
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CATEGORY:
Bermuda Stock Exchange
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Government debt continues on an easy uphill climb, revenues were weaker than expected last year and the economy is limping along, according to the latest Government report.
But the Finance Ministry manages a glimmer of optimism in its just released f...
DATE: Aug 19, 2013
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CATEGORY:
Economy
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Dear Dave: Should I take advantage of a 403(b) withdrawal in order to buy a house? — Bryan
Dear Bryan: I wouldn’t do that because it really doesn’t accomplish anything. The only money you can take out is what you’ve put in, and any growth you’ve expe...
DATE: Aug 17, 2013
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CATEGORY:
Personal Finance
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No shares traded on the Bermuda Stock Exchange yesterday. The Royal Gazette / BSX Index closed the week on 1,154.46. The BSX Insurance Index closed down 1.07 points at 1,307.4.
DATE: Aug 17, 2013
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CATEGORY:
Other
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Registration is now taking place for the Bermuda Insurance Market Conference, taking place on October 17 and 18.
Called the premier insurance/education conference, over 150 industry leaders will be offering insights and practical information from loc...
DATE: Aug 16, 2013
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CATEGORY:
Other
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A Hyatt subsidiary has closed on a deal to invest in Playa Hotels & Resorts, part of the company’s plan to operate and develop a series of all-inclusive resorts in the Caribbean and Mexico, Caribbean Journal reported yesterday.
The company said the d...
DATE: Aug 16, 2013
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CATEGORY:
Other
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The board of directors of ACE Limited yesterday declared a quarterly dividend equal to $0.51 payable on October 21 to shareholders of record at the close of business on September 30, subject to a required filing with the Swiss Commercial Register. Di...
DATE: Aug 16, 2013
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CATEGORY:
Other
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Third Point Reinsurance Ltd debuted as a publicly traded company on the New York Stock Exchange yesterday, raising around $276 million in its initial public offering (IPO).
Chief executive officer John Berger, together with co-founder and hedge fund ...
DATE: Aug 16, 2013
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CATEGORY:
Other
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Norwegian Cruise Line has purchased around 75 acres in southern Belize for a planned cruise port destination, the company announced yesterday.
The land, which is called Harvest Caye, is comprised of a pair of islands in the Stann Creek and Toledo Dis...
DATE: Aug 16, 2013
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CATEGORY:
Other
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