76379 results returned for search: "" category "Business"
Endurance Specialty Holdings Ltd. reported an increase in net income available to common shareholders of $75.2 million and $1.70 per diluted common share for the third quarter of 2013 versus net income of $31.9 million and $0.74 per diluted common sh...
DATE: Nov 05, 2013
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CATEGORY:
International Business
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By Rebecca Zuill
Bermuda Commercial Bank Ltd (BCB) has a new chief executive officer with British banker Peter Horton taking up the post this week.
It was announced in August that Mr Horton would take the reins of BCB.
Chairman Michael Collier stated...
DATE: Nov 05, 2013
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CATEGORY:
Other
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A Bermuda bank has launched a charity drive as part of a plan to underline the spirit of Christmas.
The Capital G ‘Holiday Giving Back’ — the seventh of its type — aims to raise funds for the charity Meals on Wheels.
Capital G president and CEO Ian T...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The former chairman of drinks giant Bacardi has died, the company announced on Monday.
Manuel Jorge Cutillas, the first chairman of the group of Bacardi firms that formed Bacardi Ltd in 1992, was 81.
Facundo L. Bacardi, the present chairman, said: “...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Willis Capital Markets & Advisory (WCMA), has announced it has structured and placed a $300 million catastrophe bond transaction sponsored by Catlin Insurance Company Ltd and subsidiaries. Catlin Group Limited is a global reinsurer that underwrites a...
DATE: Nov 05, 2013
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CATEGORY:
Other
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Bermuda is expected to fork out more than 60 percent of the costs of the UK’s largest peacetime fire and explosion, Minister of Finance Bob Richards said yesterday.
Bermuda-based firms are likely to be liable for 62 percent of the claims resulting fr...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
by Rebecca Zuill
Hiscox Ltd’s gross written premiums increased year-on-year by 10.1 percent to £1,370.5 million (2012: £1,244.4 million) driven by good growth in insurance business, the Group has announced.
Hiscox, an international specialist insurer...
DATE: Nov 05, 2013
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CATEGORY:
International Business
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The Bermuda Stock Exchange was down by 4.72, closing at 1,167.00.
The Bank of NT Butterfield Ltd fell by 0.01, after 12,000 shares traded at 1.42. Ascendant Group Limited also saw movement with 2,300 shares moving at an unchanged 11.00.
DATE: Nov 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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Telecommunications Regulatory Authority commissioner John Cunningham has stepped down, it was announced on Friday.
John Cunnihgham — a partner in specialist technology law firm Allens who was appointed earlier this year for a four-year term — said ...
DATE: Nov 04, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A reborn business specialising in bulk buying is doing a roaring trade — thanks to the recession.
Edward Correia and business partner Octavio Mendonca opened A&M Bulk after they bought out the former Fresh N New in Smiths just four months ago.
And Mr...
DATE: Nov 04, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
