75937 results returned for search: "" category "Business"
The BSX fell 1.73 points to 1,103.20 on a day of light trading.
Five hundred shares of domestic companies changed hands, with 400 Bank of Butterfield shares trading with no change to the closing price of $1.30.
Shares of BF&M dropped 25 cents after 1...
DATE: Feb 21, 2013
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe Holdings Ltd is to increase the quarterly dividend to $0.28 per common share, from $0.27.
The increase was voted on by the company’s board of directors and will be payable on March 28 to shareholders of record on March 15 2013. The comp...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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Police in Bermuda gave a fresh warning about counterfeit cash after what they said have been “a few reported incidents recently” of fake bills being passed.
There have been reported incidents of counterfeit Bermuda as well as US $10 and $50 bills bei...
DATE: Feb 21, 2013
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CATEGORY:
Local Business
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Endurance Specialty Holdings has named Jerome Faure as the new chief executive officer of the company’s global reinsurance unit.
Mr Faure joins the Bermuda-based property and casualty insurer from Don Kramer’s start-up fund manager, ILS Capital Mana...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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Bermuda-based re/insurer Maiden Holdings Ltd last night reported a loss for its fourth quarter as it dealt with claims from Superstorm Sandy.
The company posted a net loss of $10.3 million, or14 cents per diluted common share, compared with net inco...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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Former Swiss Re group chief underwriting officer Brian Gray is to become a director of RenaissanceRe Holdings Ltd, replacing Thomas Cooper who is retiring from the board.
The switch is expected to occur in May when the company holds its annual meetin...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
A controversial media artist from Italy has warned he intends to target companies registered in Bermuda as part of “a service to democratise offshore business for people who don’t want to pay for their riches”.
Paulo Cirio is already selling fake cer...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
A major insurance company based in the Middle East intends to expand its reinsurance operations into Bermuda.
Qatar Insurance Company has embarked on a five-year plan, which includes setting up operations for its reinsurance arm in Bermuda and Zurich...
DATE: Feb 21, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Shares of BF&M traded on the Bermuda Stock Exchange yesterday closing up 1.6 percent ($0.25) at $16.25.
Butterfield Bank shares also traded, but ended the day unchanged.
Overall, the BSX ended the day up 0.16 percent (1.73) at 1,104.92.
DATE: Feb 20, 2013
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CATEGORY:
Other
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XL Group’s reinsurance operations are expanding their footprint in the US with the opening of offices in Philadelphia and Dallas, Texas.
The office will be led by Dean Wolfe who was recently promoted to western regional manager of XL's newly created ...
DATE: Feb 20, 2013
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CATEGORY:
International Business
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