75937 results returned for search: "" category "Business"
(Reuters) — Marsh & McLennan Co Inc's fourth-quarter profit rose two percent, helped by growth in its core insurance business.
The insurance broker reported a profit of $259 million, or 47 cents per share, up from $256 million, or 46 cents per share,...
DATE: Feb 13, 2013
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CATEGORY:
Reinsurance
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BF&M fell 25 cents (1.53 percent) on the Bermuda Stock Exchange (BSX) yesterday, trading 2,000 shares to close at $16.
Butterfield Bank trading 99,600 shares to close at $1.28 with no change in share price.
Overall, the BSX closed at 1,093.72, down 1...
DATE: Feb 13, 2013
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CATEGORY:
Bermuda Stock Exchange
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An overview of the Directors and Officers (D&O) liability policy from a US and international perspective is the focus of an upcoming seminar arranged by the Bermuda Insurance Institute.
Eric Scheiner and Edward Smerdon, of Sedgwick LLP, will present ...
DATE: Feb 13, 2013
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CATEGORY:
Local Business
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Bermuda-based fund administrator, Opus Fund Services, has announced the expansion of its US platform with the opening of its New York office. The Park Avenue location will initially focus on business development and will be headed by the new director...
DATE: Feb 13, 2013
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CATEGORY:
International Business
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Amazing. Mind-boggling. The stuff of sci-fi movies. Those are just three of the thoughts that flashed through my mind as I watched a 3D printer make a brand new, red plastic hair comb for me.
If you haven’t heard of this technology, prepare to hear ...
DATE: Feb 13, 2013
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CATEGORY:
Technology
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Struggling auto dealer HWP has announced it is finalising the purchase of their automotive group by a new local company.
While the details of the deal are still being confirmed, Auto Solutions Limited is set to acquire the assets of HWP’s auto divisi...
DATE: Feb 13, 2013
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CATEGORY:
Local Business
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A veteran trucking boss has purchased a majority shares of freight shipping company BEST.
David Sousa, president, CEO and managing director of Bermuda Export Sea Transfer Ltd, trading as BEST Shipping (BEST) made the announcement yesterday that Joe V...
DATE: Feb 13, 2013
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CATEGORY:
Local Business
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Bermuda-based CATCo Reinsurance Opportunities Fund grew modestly over 2012, recording a net asset value of $353.8 million at year end.
The firm, a Class 3 Bermuda reinsurance company launched in 2010, grew their portfolio up from $339.8m in 2011.
Sha...
DATE: Feb 13, 2013
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CATEGORY:
Reinsurance
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The 2012 holiday season didn’t bring any joy to retailers in Bermuda with overall retail sales falling one percent in December. Taking inflation into account, retail sales in December 2012 actually fell 3.7 percent. According to the Retail Sales Inde...
DATE: Feb 13, 2013
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CATEGORY:
Local Business
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A new report published by Symantec Corp has some new figures that might unnerve many CIOs and IT managers out there.
The company, who conducted a global survey, has found that several ex-employees plan to use confidential data belonging to their pre...
DATE: Feb 13, 2013
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CATEGORY:
Technology
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