75943 results returned for search: "" category "Business"
The Bermuda Stock Exchange held steady yesterday, with Butterfield Preferred, Bermuda National and Bermuda Aviation all trading shares, closing at $1,215, $12 and $3.60, respectively, all with no change in share price.
Overall, the BSX closed at 1,06...
DATE: Dec 14, 2012
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CATEGORY:
Bermuda Stock Exchange
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Ratings firm AM Best has affirmed the financial strength rating (FSR) of A (excellent) and upgraded the issuer credit rating (ICR) to “a+” from “a” of Hiscox Bermuda, Hiscox Insurance Company Ltd (Hisco) and Hiscox Guernsey.
Concurrently, AM Best ha...
DATE: Dec 14, 2012
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CATEGORY:
Reinsurance
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In response to growing opportunities in the US healthcare liability insurance market, Hiscox Bermuda’s healthcare team has appointed Justin Keith as vice-president — healthcare.
Based in Hiscox’s Bermuda office from January 1, 2013, Mr Keith joins fr...
DATE: Dec 14, 2012
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CATEGORY:
Reinsurance
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Bermuda-based Platinum Underwriters Holdings Ltd has released its estimated catastrophe losses related to superstorm Sandy, becoming the latest firm to estimate the impact of the storm that hammered the US Northeast in late October.
Predictions of th...
DATE: Dec 14, 2012
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CATEGORY:
Reinsurance
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LOM Securities is pleased to announce that John Portelli is now an assistant vice-president — investments. John joined LOM in March 2010 as a financial adviser. Michael Greaves, sales manager at LOM said: “I am pleased to recognise John’s individual ...
DATE: Dec 14, 2012
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CATEGORY:
Local Business
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This will be the last season The Card Cove will be selling Christmas cards as the decades old store is closing its doors for good at the end of the year.
The Queen Street store just celebrated its 40th anniversary in October and sells small gift item...
DATE: Dec 13, 2012
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CATEGORY:
Local Business
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Investment manager Baillie Gifford has taken a ten percent stake in the Bermuda-based Montpelier Re’s newly-launched Blue Capital Global Reinsurance Fund.
The Scottish firm, based in Edinburgh, bought ten million shares worth $1 each in the fund whic...
DATE: Dec 13, 2012
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CATEGORY:
Reinsurance
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LONDON (Reuters) - European insurer Zurich is seeking to raise $225 million through the sale of a catastrophe bond to renew its cover for earthquake reinsurance in the United States and Canada.
The bond will be sold through Zurich’s Bermuda-based Lak...
DATE: Dec 13, 2012
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CATEGORY:
Reinsurance
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Facebook, Twitter, e-mails, blogs, YouTube, Linked-In and Skype - words that we are all familiar with as they permeate our day-to-day lives.
Although most social media started out as a recreational concept, its growth and impact is unprecedented in ...
DATE: Dec 13, 2012
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CATEGORY:
Other
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Argus Group traded 1,200 shares on the Bermuda Stock Exchange yesterday, closing at $3.15 with no change in share price.
Overall, the BSX closed at 1,062.21, trading 1,200 shares worth $3,780.
DATE: Dec 13, 2012
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CATEGORY:
Bermuda Stock Exchange
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