75946 results returned for search: "" category "Business"
Alterra Capital Holdings Ltd last night reported a profit of $37.7 million for the third quarter of 2012, down more than 22 percent from the same period last year.
The Bermuda insurer and reinsurer also said its operating income for the last three m...
DATE: Nov 07, 2012
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CATEGORY:
Reinsurance
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By Marina Mello
Japan’s Suzuki Motor Corp is pulling the plug on its unprofitable car sales business in the US after nearly three decades, hurt by a strong yen and a limited choice of vehicles that failed to excite American consumers.
However, Jonath...
DATE: Nov 07, 2012
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CATEGORY:
Local Business
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Fast-growing facilities management group, Bermuda Aviation Services (BAS), has added another company to its fold.
BAS yesterday launched its latest subsidiary, Efficient Technologies Bermuda Ltd, trading as Eff-Tech, and employing at least six staff ...
DATE: Nov 06, 2012
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CATEGORY:
Local Business
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Atlantic City’s 12 waterfront casinos came through Hurricane Sandy largely unharmed, and many were able to reopen over the weekend.
Despite major damage suffered on the Atlantic City Boardwalk, casino industry officials say the gaming properties have...
DATE: Nov 06, 2012
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CATEGORY:
Other
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XL Group CEO Mike McGavick believes superstorm Sandy will change the insurance industry’s perception of risk.
Speaking in a conference call last night, Mr McGavick said the global business insurer had no loss estimates yet, but he commented briefly o...
DATE: Nov 06, 2012
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CATEGORY:
Reinsurance
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Speciality Cinema & Grill officially opened its second movie theatre on Friday.
The Church Street, Hamilton, movie house now boasts a 65-seat theatre complete with state-of-the-art surround sound equipment, comfortable seating with 38-inch backs, an...
DATE: Nov 06, 2012
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CATEGORY:
Local Business
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LONDON (Reuters) - Superstorm Sandy won’t put insurers’ finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Bermuda-based Hiscox , the biggest London-listed reinsurer, said yesterday.
Sandy kil...
DATE: Nov 06, 2012
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CATEGORY:
Reinsurance
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Breezes. For the last few days we have had steady breezes that fill the air with the sound of the ocean and the rustling of the fronds and leaves on the vegetation.
It also has another effect, that of clearing and freshening the air and bringing coo...
DATE: Nov 06, 2012
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CATEGORY:
Bermuda Works
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Employment directly related to tourism increased 15 percent during 2011, according to Government statistics released yesterday.
The Bermuda Tourism Satellite Account Report 2011 found that 4,199 people were employed in the sector last year, up from 3...
DATE: Nov 06, 2012
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CATEGORY:
Economy
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Argus jumped 35 cents (11.47 percent) on the Bermuda Stock Exchange (BSX) yesterday, trading 77,200 shares to close at $3.40.
Overall, the BSX closed at 1,069.97, up 6.31 points (.59 percent), trading 77,200 shares worth $262,480.
DATE: Nov 06, 2012
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CATEGORY:
Bermuda Stock Exchange
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