75913 results returned for search: "" category "Business"
Jones Lang LaSalle along with Rego Sotheby's International Realty and GARI Realty have been selected to market for sale the Coral Beach and Tennis Club plus Horizons and Cottages.
According to Jones Lang LaSalle yesterday, the club and properties are...
DATE: Jul 26, 2013
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CATEGORY:
Local Business
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More than 60 students, parents and BFIS alumni, trustees and committee members attended the Bermuda Foundation For Insurance Studies 2013 Scholarship Awards Reception where 11 students were awarded with BFIS scholarships ranging from $10,000 to $30,0...
DATE: Jul 26, 2013
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CATEGORY:
Local Business
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RenaissanceRe Holdings has expanded its reinsurance operations with the launch of a US platform.
The Bermuda re/insurer said it has formed RenaissanceRe Underwriting Managers US LLC, a specialty reinsurance agency based in Connecticut, which will sup...
DATE: Jul 26, 2013
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CATEGORY:
International Business
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Bermuda Aviation Services Ltd shares fell 60 cents, or 15 percent, to close at $3.40 on the Bermuda Stock Exchange yesterday.
Some 4,800 Bermuda Aviation Services shares traded.
Butterfield Bank shares closed unchanged at $1.37 as 50,190 shares chang...
DATE: Jul 26, 2013
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CATEGORY:
Bermuda Stock Exchange
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Arch Capital Group last night posted net income available to common shareholders for the second quarter of $171.5 million compared to $202.0 million for the same period in 2012.
Arch said its second quarter results included losses for catastrophic ev...
DATE: Jul 26, 2013
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CATEGORY:
International Business
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XL Group has formed a new Bermuda company with private equity firm Stone Point Capital, which will focus on insurance-linked securities and other reinsurance products.
The re/insurer said the new Bermuda-based company will act as an investment manage...
DATE: Jul 26, 2013
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CATEGORY:
International Business
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Ace chairman and CEO Evan Greenberg said an influx of Wall Street capital into the reinsurance industry is pressuring rates and that he is prepared to cut sales of backstop coverage.
This as the re/insurer posted a record profit for the second quart...
DATE: Jul 26, 2013
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CATEGORY:
International Business
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Caribbean Journal (CJ) is reporting that hotel occupancy fell 1.2 percent in June, the first month regional occupancy fell year-over-year since November of 2010, according to a new report from STR, which tracks supply and demand data for the hotel in...
DATE: Jul 26, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Aspen Insurance Holdings Limited posted a profit of $40.1 million for the quarter ending June 30.
The company’s second-quarter profit of $0.36 per share was down from $84.6 million or $1.03 per share in the same period last year.
Net-written premium...
DATE: Jul 26, 2013
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CATEGORY:
International Business
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GSC Ltd, one of the Island’s largest air conditioning and mechanical companies, has shut down operations a victim of the economic downturn and severe construction slowdown.
The company, which has operated for 15 years and once employed as many as 63 ...
DATE: Jul 26, 2013
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CATEGORY:
Local Business
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