75937 results returned for search: "" category "Business"
The business community has applauded the announcement that the new Government has eliminated Bermuda’s controversial term limit policy.
At a press conference yesterday, Minister of Home Affairs Michael Fahy announced the decision, which is effective ...
DATE: Jan 31, 2013
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Other
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Bermuda was represented by around 20 professionals at the 2013 World Captive Forum in Miami, Florida this week.
Among them is Michael Woodroffe, president of Bermudian independent reinsurance broker Kirkway International Ltd, who was a key speaker.
I...
DATE: Jan 31, 2013
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) — Evan Greenberg, the chief executive officer of Ace Ltd, said the company is poised to benefit as the insurer and its rivals charge more to clients for commercial coverage.
“From what I see today, I am more bullish about the pri...
DATE: Jan 31, 2013
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CATEGORY:
Reinsurance
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The Bermuda Monetary Authority (BMA) will not apply Solvency II-type regulation to the Island’s captive insurers, the financial regulator stated definitively yesterday.
At its annual meeting, the BMA put to rest any question about how its pursuit of ...
DATE: Jan 30, 2013
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CATEGORY:
Reinsurance
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Bermuda was named as one of the world’s most romantic Islands by Travel & Leisure magazine.
In the travel publication’s February issue, Bermuda was named to the 28th spot out of 37 winners ahead of Sicily, Oaho and the Turks & Caicos.
“Off the coast ...
DATE: Jan 30, 2013
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CATEGORY:
Other
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The Argus Group announced three new appointments to its senior management team. Lynne Woolridge joins the company as head of International Life, Beverley Bentley-Webb has been appointed head of Human Resources and Alex Cabe takes on the role of inves...
DATE: Jan 30, 2013
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CATEGORY:
Local Business
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Two local resorts made US News & World Report’s 2013 ranking of best hotels in the Caribbean.
Rosewood Tucker’s Point and The Reefs Hotel & Club — were ranked number one and two, respectively for Bermuda.
The rankings named the top 30 in an exclusive...
DATE: Jan 30, 2013
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CATEGORY:
Other
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Bermuda-based Appleby, the world’s largest provider of offshore legal, fiduciary and administration services, for the second consecutive year won the “Caribbean Law Firm of the Year” and “Caribbean Trust Company of the Year” at the Citywealth Interna...
DATE: Jan 30, 2013
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CATEGORY:
Other
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Butterfield Preferred traded 68 shares on the Bermuda Stock Exchange yesterday, closing at $1230 with no change in share price.
Overall, the BSX closed at 1090.08 trading 68 US shares worth US$109,119.56.
DATE: Jan 30, 2013
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CATEGORY:
Bermuda Stock Exchange
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Global insurer Ace posted a 4.8 percent increase in net income for the fourth quarter, despite taking a near $400 million hit from Superstorm Sandy.
But the company’s shares plunged more than four percent in after-hours trading in New York last night...
DATE: Jan 30, 2013
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CATEGORY:
Reinsurance
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