76343 results returned for search: "" category "Business"
RUBiS has launched new Ultra Tec diesel fuel in Bermuda.
David Rose, general manager of RUBiS Energy Bermuda, said the new diesel targets and cleans up injector fouling in diesel engines created by carbon deposits. It can be used in all diesel vehicl...
DATE: May 07, 2013
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CATEGORY:
Local Business
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Bermuda’s Meritus Trust Company has won an award for its performance and service.
It was lauded as Caribbean Trust Company of the Year at the inaugural STEP Caribbean Awards 2013.
Criteria for the award required applicants to demonstrate excellence ...
DATE: May 07, 2013
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CATEGORY:
Local Business
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From the insurance investment professional’s perspective the Bermuda insurance market place is a great place to be — and appears to be on an upward track.
London-based Russell Busst has been a regular visitor to the island as the chief investment off...
DATE: May 07, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bermuda-based Argo Group International Holdings, Ltd reported increases in both gross premiums written and net income for the first quarter of 2013.
The company posted a net income of $32.7 million or $1.28 per diluted share compared to $19.6 millio...
DATE: May 07, 2013
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CATEGORY:
International Business
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The new Black Bay Beach & Park concession has opened for business at Dockyard, providing another attraction for the thousands of cruise passengers in the area.
Black Bay, owned by entrepreneur Vic Ball, will offer snorkelling around the scenic chain ...
DATE: May 07, 2013
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CATEGORY:
Local Business
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Butterfield’s share price has reached a one-year high, helping to boost the Bermuda Stock Exchange by more than 11 percent this year.
Analysts say reasons for the bank’s rise in share price may be improved confidence in Butterfield and global markets...
DATE: May 07, 2013
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CATEGORY:
Local Business
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DATE: May 06, 2013
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CATEGORY:
Local Business
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LOM (Holdings) Limited (LOM) has reported a loss of $774,748 for 2012 in what chief executive officer Scott Lines described as a “dismal environment”.
He made the comment in a letter to shareholders on the release of LOM’s consolidated financial stat...
DATE: May 06, 2013
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Bermuda reinsurer, Validus reported higher first-quarter earnings as the company’s combined ratio improved thanks in part to lower catastrophe losses. But in an interview with The Royal Gazette, the company’s chairman and CEO, Ed Noonan says the abse...
DATE: May 06, 2013
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CATEGORY:
International Business
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Ace Limited has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by the seller.
With more than 50 years of experie...
DATE: May 06, 2013
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CATEGORY:
International Business
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