75946 results returned for search: "" category "Business"
Superstorm Sandy showed up the limitations of catastrophe models used by the insurance industry — and it will be some time before the full extent of insured losses is known.
That was the view of top insurance executives, expressed in a panel discuss...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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Digicel Bermuda has brought a new man on board from Jamaica to lead its new Business Solutions division.
Tom O’Neill actually holds two titles with the company: Business Solutions director for Digicel and general manager of Transact — the internet s...
DATE: Nov 15, 2012
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CATEGORY:
Local Business
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LONDON (Reuters) — The scope and scale of superstorm Sandy is not enough to trigger losses for catastrophe bond investors, and won’t deter new issuance, Willis Capital Markets & Advisory (WCMA) said in a report.
Based on current estimations from disa...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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Bermuda’s inflation rate fell below two percent in September for the first time since February 2010.
The rate was down to 1.9 percent from 3.1 percent the month before.
Still, year over year, the cost of good and services was higher — driven by a s...
DATE: Nov 15, 2012
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CATEGORY:
Economy
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Watlington Waterworks shares rose 4.9 percent (65 cents) on the Bermuda Stock Exchange (BSX) trading 5,000 shares to close the day at $13.95.
5,300 shares of Argus Group also traded yesterday to close unchanged at $3.40.
The BSX closed at 1,075.38, u...
DATE: Nov 15, 2012
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CATEGORY:
Bermuda Stock Exchange
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Parents in Bermuda often transferred real estate to their children during their lifetime in order to avoid the payment of stamp duty by children, often referred to as a death tax.
Today, however, parents no longer must transfer real estate during the...
DATE: Nov 15, 2012
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CATEGORY:
Other
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Bermuda bucked the trend in mergers and acquisitions by recording 74 deals in the third quarter — usually a quiet time of year for M&A.
That is according to a report released by offshore law firm Appleby, who said the deals amounted $9.08 billion.
Th...
DATE: Nov 14, 2012
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CATEGORY:
International Business
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The earth-friendly home of the future doesn’t need to mean having a home with a dim, yellow glow. As the phase-out of incandescent bulbs starts to take effect, brighter, more efficient substitutes are now hitting the market.
Osram Sylvania is now se...
DATE: Nov 14, 2012
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CATEGORY:
Technology
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KeyTech jumped 25 cents (4.16 percent) on the Bermuda Stock Exchange yesterday, trading 7,834 shares to close at $6.25.
Ascendant Group and Butterfield Bank also traded shares to close at $12.15 and $1.23, respectively, both with no change in share ...
DATE: Nov 14, 2012
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CATEGORY:
Bermuda Stock Exchange
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Patterson Partners Ltd is today launching a free, monthly Teleseminar series focusing on success strategies for local entrepreneurs.
Although the Teleseminar series has been created with the unique challenges faced by entrepreneurs who are dual nati...
DATE: Nov 14, 2012
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CATEGORY:
Personal Finance
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