77143 results returned for search: "" category "Business"
RenaissanceRe Holdings Ltd. (RNR)’s net income of $179.7 million, or $4.01 per diluted common share for the third quarter, compared to $180.7 million or $3.62 per diluted common share in the third quarter of 2012.
However, RNR, reporting their third ...
DATE: Nov 06, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Bermuda First Investment Company Limited, an investment holding company with significant investments in Bermuda Stock Exchange (BSX) Bermuda listed companies, has announced that Utilico Investments Limited has exercised 170,000 warrants in BFIC, acco...
DATE: Nov 06, 2013
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CATEGORY:
Local Business
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Telecoms firm CellOne has launched its own internet service.
The company is offering speeds of between 2Mbps to 25Mpbs — with one month free and no contract.
And the firm said that existing CellOne customers stood to save between $140 and $640 in the...
DATE: Nov 06, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Endurance. All of us watch events where the participants are really tested. These are the long distance events such as the marathon or the triathlon. The training necessary to successfully complete such events is significant and the reward in many ca...
DATE: Nov 05, 2013
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CATEGORY:
Other
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Endurance Specialty Holdings Ltd. reported an increase in net income available to common shareholders of $75.2 million and $1.70 per diluted common share for the third quarter of 2013 versus net income of $31.9 million and $0.74 per diluted common sh...
DATE: Nov 05, 2013
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CATEGORY:
International Business
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By Rebecca Zuill
Bermuda Commercial Bank Ltd (BCB) has a new chief executive officer with British banker Peter Horton taking up the post this week.
It was announced in August that Mr Horton would take the reins of BCB.
Chairman Michael Collier stated...
DATE: Nov 05, 2013
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CATEGORY:
Other
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A Bermuda bank has launched a charity drive as part of a plan to underline the spirit of Christmas.
The Capital G ‘Holiday Giving Back’ — the seventh of its type — aims to raise funds for the charity Meals on Wheels.
Capital G president and CEO Ian T...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The former chairman of drinks giant Bacardi has died, the company announced on Monday.
Manuel Jorge Cutillas, the first chairman of the group of Bacardi firms that formed Bacardi Ltd in 1992, was 81.
Facundo L. Bacardi, the present chairman, said: “...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Willis Capital Markets & Advisory (WCMA), has announced it has structured and placed a $300 million catastrophe bond transaction sponsored by Catlin Insurance Company Ltd and subsidiaries. Catlin Group Limited is a global reinsurer that underwrites a...
DATE: Nov 05, 2013
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CATEGORY:
Other
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Bermuda is expected to fork out more than 60 percent of the costs of the UK’s largest peacetime fire and explosion, Minister of Finance Bob Richards said yesterday.
Bermuda-based firms are likely to be liable for 62 percent of the claims resulting fr...
DATE: Nov 05, 2013
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor