75920 results returned for search: "" category "Business"
A Tokio Millennium Re (TMR) subsidiary and GC Securities have teamed up to create and launch a new private catastrophe bond platform.
They say the Tokio Tensai Platform will bring catastrophe bond sponsors a more efficient solution for funding exces...
DATE: Jun 10, 2013
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CATEGORY:
International Business
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Digicel Bermuda has announced it has become the Island’s only Cisco Gold Certified Partner.
This as parent the Digicel Group achieved Cisco Gold Certification across the Caribbean, Panama and El Salvador.
To earn Gold Certification, Digicel had to m...
DATE: Jun 10, 2013
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CATEGORY:
Local Business
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Butterfield Bank shares ended the week unchanged at $1.40 as 103,547 shares changed hands on the Bermuda Stock Exchange.
Also unchanged was Watlington Waterworks at $15 as 3,100 shares changed hands.
Argus Group was unchanged at $3.60 as 600 shares c...
DATE: Jun 10, 2013
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CATEGORY:
Bermuda Stock Exchange
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An influx of capital from alternative sources has triggered downward pressure on reinsurance pricing at June 1 renewals for the industry.
This from Guy Carpenter & Company, which reports that the reinsurance sector has witnessed “dynamic capital grow...
DATE: Jun 10, 2013
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CATEGORY:
International Business
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The Bermuda Captive Conference opens today with a highly anticipated opening roundtable session and almost 600 attendees on the Island.
“We are very pleased at the response to the speaker line-up and the range of topics in the programme this year,” s...
DATE: Jun 10, 2013
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CATEGORY:
International Business
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Dear Dave,
Is it ever too late to get life insurance?
—Tiffany
Dear Tiffany,
The only time it’s really too late to get life insurance is after you’re dead!
But seriously, if you’re older than 70 it becomes pretty difficult to get affordable coverag...
DATE: Jun 08, 2013
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CATEGORY:
Personal Finance
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The Bermuda Stock Exchange closed unchanged at 1,156.54 yesterday.
Some 36,665 shares Butterfield traded, closing unchanged at $1.40.
Fifteen shares of Ascendant Group changed hands, and closed unchanged as well at $11.70.
And 3,100 Watlington Waterw...
DATE: Jun 08, 2013
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CATEGORY:
Bermuda Stock Exchange
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Fitch Ratings has downgraded Bermuda to 'AA-' with a negative outlook, stating the Island’s prospects for 2013 and beyond are weak.
The agency said the downgrade of Bermuda's sovereign ratings “reflects four years of economic contraction, sustained h...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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No longer just a mobile phone company, Digicel Bermuda has grown from 45 to 85 employees, and is taking over another floor of its Global House headquarters for a new Business Solutions department.
And now with long-awaited reform of the telecoms indu...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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Bermuda re/insurers are expected ultimately to pay 62 percent of the claims of the UK’s largest peacetime fire and explosion the Buncefield oil terminal fires of 2005.
This from Finance Minister Bob Richards in support of Bermuda’s financial sector ...
DATE: Jun 07, 2013
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CATEGORY:
Local Business
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