76329 results returned for search: "" category "Business"
LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG’s 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said.
“As currently designed, there i...
DATE: Dec 18, 2012
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CATEGORY:
Reinsurance
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GENEVA (Bloomberg) — Zurich Insurance Group AG, Switzerland’s biggest insurer, said claims from Superstorm Sandy are estimated at about $700 million.
That includes $40 million related to Farmers Re in connection with the reinsurance provided to the F...
DATE: Dec 18, 2012
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CATEGORY:
Reinsurance
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Fitch Ratings is maintaining its stable outlook for both the commercial and personal lines sectors of the US property and casualty (P&C) insurance industry.
Insurers have withstood less favourable underwriting and economic conditions in the past seve...
DATE: Dec 17, 2012
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CATEGORY:
Reinsurance
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Credit ratings agency Fitch has taken note of Butterfield Bank’s “overall improving financial profile” in affirming the bank’s ratings.
Fitch affirmed Butterfield’s long-term Issuer Default Rating (IDR) at A-, its short-term IDR at F1 and Viability R...
DATE: Dec 17, 2012
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CATEGORY:
Local Business
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A new company aims to provide lifestyle management services to Bermuda executives and VIPs, including everything from doing their grocery shopping to booking travel, chauffeur services and even hiring a yacht or private jet.
1609 VIP.Exec on Laffan S...
DATE: Dec 17, 2012
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CATEGORY:
Local Business
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Heavy trading in Butterfield Bank common and preference shares and a four percent slide in Ascendant Group Ltd’s stock price were the highlights of a week which ended with the Bermuda Stock Exchange (BSX) almost flat.
The Royal Gazette/ BSX Index end...
DATE: Dec 17, 2012
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CATEGORY:
Bermuda Stock Exchange
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Hamilton has a new restaurant in town offering up a new, more affordable way to dine.
Grand Cafe, located on the corner of Parliament and Church Streets in the space that was at one time Greg’s Steakhouse, has been open since September but started se...
DATE: Dec 17, 2012
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CATEGORY:
Local Business
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Bermuda’s first ever Restaurant Week earlier this year was such a success the Island’s restaurants are gearing up to host it again.
The second annual Bermuda Restaurant Week, featuring deals and discount at restaurants across the Island will kick of...
DATE: Dec 17, 2012
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CATEGORY:
Local Business
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The so-called 'fiscal cliff' is really a much-needed change of economic course.
If you took a sizeable pay cut and then continued living it up as you did on your old income, you'd be considered financially negligent — most probably delusional.
The ...
DATE: Dec 15, 2012
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CATEGORY:
Personal Finance
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Butterfield Bank rose one cent (.80 percent) on the Bermuda Stock Exchange yesterday, trading 848,091 shares to close at $1.25.
Butterfield Preferred rose $1 (.08 percent), trading three shares to close at $1,216.
Overall, the BSX closed at 1,066.95,...
DATE: Dec 15, 2012
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CATEGORY:
Bermuda Stock Exchange
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