75937 results returned for search: "" category "Business"
Risk. Do you find yourself shying away from risk?
What kinds of risks do you avoid? Taking risks is a part of life and learning to assess the risks that you face help you to learn, grow, and build a better life and a better future.
Whether it was l...
DATE: Jan 15, 2013
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CATEGORY:
Bermuda Works
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Another Bermuda reinsurer is venturing into the third-party capital asset management arena by launching a sidecar reinsurance vehicle.
Everest Re has launched Mt Logan Re, a Bermuda domiciled vehicle aimed at attracting investor capital and putting i...
DATE: Jan 15, 2013
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CATEGORY:
Reinsurance
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Bermuda-based Apex Fund Services has landed a new $1 billion client hard on the heels of gaining regulatory approvals from the UK.
Yesterday Apex announced that WAY Fund Managers, the UK provider of fund hosting services to the wealth management sect...
DATE: Jan 15, 2013
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CATEGORY:
International Business
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A court case that got under way this week could have implications for reinsurers around the world.
The case is AstraZeneca Insurance Company (the pharmaceutical giant’s captive insurance company) versus XL Insurance (Bermuda) and Ace Bermuda Insuran...
DATE: Jan 15, 2013
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CATEGORY:
Reinsurance
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The Island’s hotel industry employed 2,579 people, some 70 fewer workers, in the third quarter of last year.
And tourists spent some $1.8 million less in the third quarter compared to 2011.
Retail sales in the quarter also slipped, according to the ...
DATE: Jan 15, 2013
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CATEGORY:
Local Business
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One of Bermuda’s bright hospitality stars is currently gaining valuable experience at a four-star hotel in London.
Michael Skinner, 27, the reservation and events manager at the posh Cavendish Hotel in London’s fashion district, will receive a diplo...
DATE: Jan 15, 2013
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CATEGORY:
Bermuda Works
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KeyTech shares fell five percent ($0.34) in trading on the Bermuda Stock Exchange yesterday to close at $5.81 a share. 500 shares traded.
Shares of Butterfield Bank also traded yesterday with more than 88,000 shares changing hands. The stock closed t...
DATE: Jan 15, 2013
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CATEGORY:
Bermuda Stock Exchange
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Hedge-fund group SAC Capital Advisors has told employees and business partners that it expects investors to withdraw at least $1 billion from the firm amid the US government’s insider-trading investigation, the Wall Street Journal has reported, citin...
DATE: Jan 14, 2013
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CATEGORY:
Reinsurance
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Two rival insurers moved in opposite directions in Bermuda Stock Exchange (BSX) trading last week.
Argus Group Holdings Ltd shot up 15 cents, or 4.3 percent, to close the week on $3.65 as 30,000 shares traded.
BF&M Ltd fell 25 cents, or 1.5 percent, ...
DATE: Jan 14, 2013
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CATEGORY:
Bermuda Stock Exchange
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Stricter regulation has led Bermuda’s Apex Fund Services to be known as “the fastest expanding hedge fund administration outfit in a post-Madoff financial world”.
When it comes to generating business, Madoff “has been the hedge administrator’s very b...
DATE: Jan 14, 2013
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CATEGORY:
International Business
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