76342 results returned for search: "" category "Business"
The number of new re/insurers setting up in Bermuda has nearly doubled year over year with 13 new companies incorporating in the first quarter of 2013 — eight of them in March alone.
This is marked increase from the seven new insurers registered dur...
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-B...
DATE: Apr 23, 2013
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CATEGORY:
Bermuda Works
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Butterfield rose 4 cents, or nearly 3 percent, to close yesterday at $1.40 on the Bermuda Stock Exchange.
Some 30,000 of the bank’s shares traded.
KeyTech also rose, closing up 10 cents, or $1.78, at $5.70 as 4,000 shared changed hands.
Overall the B...
DATE: Apr 23, 2013
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CATEGORY:
Bermuda Stock Exchange
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Insurer Ace Ltd reported a quarterly profit that beat analysts' estimates as commercial insurance rates continued to improve in the United States.
The company's net income fell 2.1 percent to $953 million, or $2.77 per share, for the first quarter fr...
DATE: Apr 23, 2013
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CATEGORY:
Reinsurance
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Habits. We all have heard the saying: “You cannot teach an old dog new tricks!”
This is a way of saying that we cannot change our habits.
Our habits are one way that we bring a rhythm to our lives through repetition.
So many things we seem to do au...
DATE: Apr 23, 2013
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CATEGORY:
Other
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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
