75908 results returned for search: "" category "Business"
Only two shares traded during a quiet day on the Bermuda Stock Exchange. The BSX Index closed at 1,154.46 and was unchanged from its close on Wednesday.
International companies were the only shares to trade — HABC Holdings Plc closed at $10.95 as 650...
DATE: Aug 16, 2013
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Bermuda Stock Exchange
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CATCo Investment Management’s investment funds have produced “very satisfactory” performance, according to chairman Nigel Barton in a half-year report released yesterday.
CATCo has built a burgeoning share of the retrocessional reinsurance market an...
DATE: Aug 16, 2013
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Other
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Bermuda National Holdings closed 25 cents higher, or 2.1 percent, to $12.25 as 10,000 shares changed hands on the Bermuda Stock Exchange yesterday.
Bank of NT Butterfield Preference shares were unchanged at $1,195 as ten shares changed hands.
Also un...
DATE: Aug 15, 2013
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CATEGORY:
Bermuda Stock Exchange
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Iron-Starr Excess Agency Ltd chief executive officer Stuart Anderson is to step down, as he is to relocate from Bermuda for personal reasons.
Mitch Blaser, chief operating officer of Ironshore, co-owner of the business, will serve as interim CEO of I...
DATE: Aug 15, 2013
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Other
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By Rebecca Zuill
Behind the scenes, the Corporation of Hamilton is undergoing real change — and it is change its staff are excited about.
With a new treasurer at the helm, several staff members have been promoted and have new duties and responsibilit...
DATE: Aug 15, 2013
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Other
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Oil Insurance Limited (OIL) has declared a $100 million premium credit for their current shareholders.
The payment will be made to shareholders of record on December 31, 2012.
An OIL spokesman said that this credit will approximate a 16 percent reduc...
DATE: Aug 14, 2013
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Other
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Former Butterfield Bank CEO Alan Thompson has been named managing partner of Bank Solutions Group, a consulting firm for financial services firms.
Mr Thompson was appointed CEO of Butterfield Bank in 2002 but retired in 2010 to be replaced by Bradfor...
DATE: Aug 14, 2013
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Bermuda’s electricity utility has been designated as Best Performing Utility by trade association CARILEC.
The 33 member Caribbean Electric Utility Corporation made its first benchmarking awards in 2012.
Belco’s award was announced at CARILEC’s Engin...
DATE: Aug 14, 2013
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Other
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Insurance manager Kane subsidiary, Kane SAC Limited had launched a new catastrophe bond platform and issued a $9,523,770 note under the programme, the company has announced.
The series 1-2013 notes have been listed on the Bermuda Stock Exchange.
“Th...
DATE: Aug 14, 2013
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CATEGORY:
Other
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Rating agency A.M. Best Co.announced this evening that they have placed under review with negative implications the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the pooled and reinsured members of the T...
DATE: Aug 14, 2013
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CATEGORY:
Other
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