75920 results returned for search: "" category "Business"
One of Bermuda’s banknotes is among the nine most beautiful in the world.
And that’s the opinion of the International Bank Note Society (IBNS), which each year names a “banknote of the year”, which for 2012 was Kazakhstan’s 5,000 Tenge Note.
Bermuda’...
DATE: Jun 25, 2013
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CATEGORY:
Local Business
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Argus Group reinstated its dividend as it posted a profit of $12.6 million for the year ended March 31 compared to $1.7 million in the previous fiscal year.
The company said its positive earnings represented a year of continued recovery for the Argu...
DATE: Jun 24, 2013
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CATEGORY:
Local Business
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Fitch Ratings said it views Bermuda re/insurers as "highly isolated" from the Island’s economy and fiscal risks.
Fitch today explained that under its methodologies, it could rate certain insurance and reinsurance companies at levels at least four not...
DATE: Jun 24, 2013
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CATEGORY:
International Business
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A petition for the winding up of one of the Island’s largest air conditioning and mechanical companies, GSC Ltd, has been filed in Supreme Court; a sign that the recession is continuing to hammer the construction industry.
The petition was presented...
DATE: Jun 24, 2013
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CATEGORY:
Local Business
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PartnerRe has named Greg Haft as head of Catastrophe, Bermuda.
Mr Haft was at Alterra, now Markel, as managing director and head of US property catastrophe reinsurance.
He will be reporting to Brian Secrett, head of Catastrophe Underwriting, PartnerR...
DATE: Jun 24, 2013
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CATEGORY:
International Business
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Bermuda’s Validus Holdings has been hit as investor demand for catastrophe bonds grows.
Validus plunged the most since February after Credit Suisse Group AG (CSGN) downgraded the reinsurer on the prospect that potential clients will instead turn to c...
DATE: Jun 24, 2013
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CATEGORY:
International Business
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Bermuda will be a second tier launch market for Moët Ice Impérial, a new Champagne that is especially made to be poured over ice, and produced for the outdoor, summer market.
Matthieu Florentin, the marketing manager at Moët Hennessey for the Caribbe...
DATE: Jun 24, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Bermuda Stock Exchange ended the week down 0.24 percent, or 2.83, at 1,148.17
Some 92,424 Butterfield shares traded, the bank’s shares ending Friday at $1.40.
KeyTech Ltd shares declined 25 cents to $5.75 as 2,000 shares changed hands.
Ascendant ...
DATE: Jun 24, 2013
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CATEGORY:
Bermuda Stock Exchange
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An AM Best analyst believes there is huge investor demand for re/insurance-linked investments.
This is good news for Bermuda, which has become a major ILS centre, as it continues to be the jurisdiction of choice for the incorporation of sidecar and t...
DATE: Jun 24, 2013
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CATEGORY:
Local Business
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Bermuda’s recent outreach to the Latin American market has led to the formation of three new captives from the region — one each from Brazil, Colombia and Peru.
Commenting on the record attendance at this month’s Bermuda Captives Conference, Lawrence...
DATE: Jun 24, 2013
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CATEGORY:
International Business
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