76358 results returned for search: "" category "Business"
Bermuda’s XL Group said it provided Insurance to the railway that had Canada’s worst rail disaster in 27 years.
XL Group Plc, which is Dublin-based, said it’s among the insurers of that railroad.
A spokesperson for XL in the Bermuda office told The...
DATE: Jul 11, 2013
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CATEGORY:
International Business
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The KeyTech Group saw full-year profit rise 15.3 percent to $8.3 million compared to $7.2 million for the prior year on reduced operating expenses and the company’s investments in associates including CellOne, CableVision and Quo Vadis.
Revenue for t...
DATE: Jul 11, 2013
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CATEGORY:
Local Business
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Bermuda’s XL Group said it provided Insurance to the railway that had Canada’s worst rail disaster in 27 years.
XL Group Plc, which is Dublin-based, said it’s among the insurers of that railroad.
A spokesperson for XL in the Bermuda office told Th...
DATE: Jul 10, 2013
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CATEGORY:
International Business
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KeyTech has announced Dr. James A.C. King will be retiring as chairman at the Annual General Meeting on July 26.
The Board has identified Gary L. Phillips, OBE to succeed Dr. King as Chairman.
Michael Mello, chairman of the Governance Committee for ...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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The KeyTech Group of Companies posted a 15.3 percent jump in full-year profit to $8.3 million compared to $7.2 million for the prior year on investments in associates and reduced operating expenses. Revenue for the year ended March 31, however, fel...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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PwC is cutting its workforce in Bermuda and has announced the departure of two partners amid the Island’s continuing economic downturn.
A spokesman for the Big Four audit firm said they anticipate a reduction in total workforce in Bermuda of “near te...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Bermuda’s Enstar Group, which assumes risks from insurers seeking to exit businesses, agreed to buy Torus Insurance Holdings Ltd for $692 million to expand into direct sales of coverage.
Enstar will pay $415 million and Stone Point Capital LLC, led ...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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Exxon Mobil and its affiliates have signed an agreement with Barbados-based SOL (Simpson Oil Ltd) for the sale of Esso Bermuda’s downstream (retail) business.
Esso Bermuda country manager Mark Fields said the deal was a share sale and the general pub...
DATE: Jul 10, 2013
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CATEGORY:
Local Business
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A large tranche of Bank of NT Butterfield Ltd stock moved on the Bermuda Stock Exchange (BSX) yesterday.
A total of 102,966 shares changed hands at 1.40, three cents up on the previous day’s trade. The Bank’s preference shares also saw movement with ...
DATE: Jul 10, 2013
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Foundation for Insurance Studies (BFIS) is co-hosting a data breach and cybercrime presentation along with Drinker Biddle & Reath LLP.
In a press release announcing the event, BFIS said: “Data breaches and cybercrimes ... continue to gro...
DATE: Jul 10, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
