75927 results returned for search: "" category "Business"
Asset management group Schroders is moving into the insurance-linked securities (ILS) space.
The UK-listed asset manager with operations here in Bermuda has bought a 30 percent stake in Switzerland-based ILS and reinsurance investment fund manager, S...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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Bermuda-based Platinum Underwriters reported a net income of $86.5 million for the first quarter of 2013.
The reinsurer attributes its $2.63 per share profit for the quarter to no losses from major catastrophes in the first three months of this year....
DATE: Apr 18, 2013
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CATEGORY:
International Business
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Eight jobs are being lost in Bermuda as a result of global restructuring by PartnerRe.
The reinsurance company is to reduce its workforce worldwide by 140, with eight Bermudians losing their jobs on the Island.
The local positions being lost are in t...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Ace Limited has become the latest company to get into the third-party reinsurance capital management arena with the launch of a $95 million special purpose vehicle (SPI) called Altair Re.
Ace, one of the world’s largest multiline property casualty i...
DATE: Apr 18, 2013
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CATEGORY:
Other
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The burden imposed by a company’s premises can sometimes be its downfall — when the costs and time spent on setting up weigh on the bottom line.
Entrepreneur Tim Miller has come up with a new concept that is not only less burdensome, but takes colla...
DATE: Apr 18, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Atlantic Caregiving Services is the new name of Bermuda Home Care-Giving Services, owners Bermuda Executive Services Ltd announced yesterday.
BES president Dawn Zuill said: “We have been thrilled with the positive response our caregiving service has ...
DATE: Apr 18, 2013
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CATEGORY:
Local Business
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Drivers will be happy to see that prices at the gas pump have fallen. The new maximum pump price for regular fuel hitting $2.10 per litre, down 4.8 cents from last month.
The new price is ten cents a litre lower than it was one year ago.
Drivers who ...
DATE: Apr 18, 2013
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CATEGORY:
Local Business
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Work on reforming Government pensions will begin this year, says Finance Minister Bob Richards.
But reforming the taxation system will take a bit longer if at all.
“We are going to be looking at the structure of particularly Government pension plans....
DATE: Apr 18, 2013
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CATEGORY:
Local Business
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Bermuda residents who have entered into same-sex marriages or civil unions/partnerships in foreign jurisdictions where these are permitted should be aware that such unions will not be recognised in Bermuda.
Neither our Constitution nor our Human Righ...
DATE: Apr 18, 2013
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CATEGORY:
Local Business
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Shares of Ascendant Group rose slightly in trading on the Bermuda Stock Exchange yesterday. The stock closed up $0.20 (0.02 percent) at $11.75. 1,970 shares traded.
Bank of Butterfield and Bermuda Press Holdings shares also traded, but ended the day...
DATE: Apr 18, 2013
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CATEGORY:
Bermuda Stock Exchange
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