75927 results returned for search: "" category "Business"
Things got off to a flying start for Bermuda at this year’s Risk Insurance and Management Society (RIMS) conference in Los Angeles.
On the first full day of the event the Island’s booth inside the Los Angeles Conference Center was buzzing yesterday w...
DATE: Apr 23, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda’s Apex Fund Services has named Elliott Brown to the newly created position of managing director, Americas as it targets rapid growth in the region.
Mr Brown will have responsibility for overseeing the growth of all of Apex’s offices in North ...
DATE: Apr 23, 2013
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CATEGORY:
International Business
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A proposal in US President Barack Obama’s 2014 budget has sparked more opposition this week — this time from two insurance industry organisations that say the proposal “violates a long-standing US tax policy” and would boost prices for terrorism cove...
DATE: Apr 23, 2013
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CATEGORY:
International Business
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Bermuda is touting changes to its work permit policies at the annual RIMS Conference, now under way in Los Angeles.
The changes that became effective on April 1 are designed to simplify and enhance the ability of companies to attract and retain non-...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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Standard & Poor’s outlook revision for Bermuda does not affect the Island’s insurers and reinsurers, the firm has confirmed.
The rating agency recently placed Bermuda’s sovereign credit rating from stable to negative, however S&P’s credit and financi...
DATE: Apr 22, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A Bermuda-listed investment company has bought the London building that is the global headquarters of Standard Chartered Bank, paying £210 million ($319m) for the property.
Zeno Capital Limited has a stated objective to acquire investment grade prope...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
The Bermuda Stock Exchange ended the week down 8.68, or 0.76 percent, to finish at 1,132.08
Butterfield closed down 4 cents, or 2.9 percent, to end Friday at $1.36 as 1,033,023 of the bank’s shares traded for the week.
Argus rose 8.5 percent, closing...
DATE: Apr 22, 2013
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CATEGORY:
Bermuda Stock Exchange
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The new President of the Bermuda Bar Council has put the re-establishment of Queen’s Counsel status on the agenda.
Bermudian barrister Justin Williams, elected to the position at the legal fraternity’s governing body’s annual general meeting last We...
DATE: Apr 22, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bermuda-based Ironshore Inc. has launched a new service that will provide companies with coverage for crisis situations that pose potential public-image risks.
The product, “Ironshore CrisisShield,” will be provided through the insurer’s US professio...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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The Cayman Islands captive insurance industry said it has launched a new brand to promote its integrity and transparency in international markets with the tagline “Cayman Islands. Clearly Better Business.”
“It is no secret that Cayman is not often w...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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