75937 results returned for search: "" category "Business"
Everest Re Group saw its fourth-quarter profit jump 43 percent to $58.8 million compared to $41 million in the 2011 quarter — despite Hurricane Sandy and record crop losses.
For the whole of 2012, Everest reported net income of $829 million, or $15.7...
DATE: Feb 07, 2013
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CATEGORY:
Reinsurance
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Bermuda re/insurer Argo Group International Holdings Ltd made a loss of nearly $5 million in the fourth quarter, owing to claims related to Hurricane Sandy.
The company said last night that all of its estimated pre-tax catastrophe losses of $47.9 mil...
DATE: Feb 07, 2013
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CATEGORY:
Reinsurance
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Air Canada is cutting back its daily flight schedule to only three days a week starting in the spring, The Royal Gazette can confirm.
“We reduced the schedule in response to the route performance and expected future demand,” said an Air Canada repres...
DATE: Feb 07, 2013
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CATEGORY:
Other
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A price reduction, designer upgrades, water views and an income apartment make this a gem of a family home in Southampton.
Located on a 0.21 acre lot on Lighthouse Hill, Mariposa offers magnificent vistas of the Great Sound.
The three-bedroom, two b...
DATE: Feb 07, 2013
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CATEGORY:
Local Business
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A local entrepreneur and founder of the popular marketing website BermyDeals has just launched an innovative new product designed help businesses on the Island grow and retain their customer base.
Bermuda Loyalty is the latest venture of Rachel Sawd...
DATE: Feb 07, 2013
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CATEGORY:
Local Business
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AIG plans to make further job cuts in Bermuda over the coming year.
Staff at American International Company Limited in Bermuda have been told to expect a “gradual” reduction in employees over the next six months to a year and a half.
President and CE...
DATE: Feb 06, 2013
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CATEGORY:
Reinsurance
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Butterfield Preferred jumped $1 (.08 percent) on the Bermuda Stock Exchange yesterday, trading 17 shares to close at $1,231.
Overall, the BSX closed at 1,093.51, trading 17 US shares worth US$21,127.22.
DATE: Feb 06, 2013
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CATEGORY:
Bermuda Stock Exchange
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The launch of BlackBerry’s latest phone is facing further delays in the US, but those delays aren’t expected to affect its release here in Bermuda.
The makers of the new phone, Research in Motion Ltd newly renamed BlackBerry, says a lengthy testing ...
DATE: Feb 06, 2013
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CATEGORY:
Technology
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Just ahead of a merger, Bermuda-based Alterra reported a net loss of $51.8 million for the fourth quarter of 2012, citing heavy Sandy losses, but recorded an annual profit.
The company’s fourth quarter loss of 54 cents per share, exceeded analysts’ e...
DATE: Feb 06, 2013
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CATEGORY:
Reinsurance
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Alternative Energy Systems (Bermuda) Ltd has announced it has received the SunPower Commercial Dealer of the Year award for its outstanding performance as a SunPower dealer in 2012 in the Mid-Atlantic and South East region.
California-based SunPower ...
DATE: Feb 06, 2013
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CATEGORY:
Local Business
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