77143 results returned for search: "" category "Business"
The Bermuda Stock Exchange has passed the $10 billion mark in volume of insurance-linked securities (ILS) listed.
The landmark number was announced by Artemis.bm, a news website focused on the alternative risk transfer space.
Artemis stated: “The Ber...
DATE: Apr 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Stock Exchange closed their week of trading at 1,410.25, up 21.09 or 1.49 percent.
The share volume was 119,675 valued at $319,845.18.
The Bank of NT Butterfield Ltd saw the largest number of shares trade with 100,115 changing hands durin...
DATE: Apr 14, 2014
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CATEGORY:
Bermuda Stock Exchange
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Former Max Capital chief executive officer Bob Cooney is working on a reinsurance start-up, The Insurance Insider is reporting.
A story in the London-based insurance publication last week has stated that their sources have said Mr Cooney, a long-time...
DATE: Apr 14, 2014
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CATEGORY:
Other
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Agar’s Island, which was the home of one of the world’s leaders in computer science Dr James Martin, is on the market, according to Private Islands Online.
It is called Gunpowder Island in the publication, and in a related article in the online The D...
DATE: Apr 14, 2014
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CATEGORY:
Other
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Bermuda Aviation Services has sold its subsidiary Aircraft Services Bermuda Ltd to Cedar Aviation.
BAS chairman Michael Darling said it was “a somewhat sad occasion” as the company was divesting the business from which it takes its name.
Ian Cook, BA...
DATE: Apr 14, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Endurance Specialty Holdings is making a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected.
Endurance announced today that it had made the offer,...
DATE: Apr 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Gap, the international clothing and accessories retailer, will be selling at Gibbons Company by mid-May, the department store has announced.
A Gibbons Company press release announcing the development said: “The Gap Summer 2014 collections will be ava...
DATE: Apr 14, 2014
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CATEGORY:
Other
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A Bermuda Stock Exchange system glitch meant daily trade information was not available at press time yesterday.
DATE: Apr 12, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermudians (and long-term multinational island residents) some say, have always had an almost obsessive affinity for the United States. More so than Canada or the United Kingdom, although thousands of Bermuda guest workers over the years have ...
DATE: Apr 12, 2014
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CATEGORY:
Personal Finance
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Dear Dave,
I want to roll over a 401(k), and my bank is encouraging me to roll it over to fixed annuities. Is this a good investment?
John
Dear John,
More times than not, when you go to a bank for investment advice, what you’ll get in the bargai...
DATE: Apr 12, 2014
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CATEGORY:
Personal Finance
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