75946 results returned for search: "" category "Business"
Allied World Assurance Company Holdings this week announced it expects to record about $40 million in third-quarter crop reinsurance related losses as a result of the severe drought conditions in the Midwest of the United States.
The company also ex...
DATE: Oct 05, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank dropped one cent (.80 percent) on the Bermuda Stock Exchange yesterday, trading 17,066 shares to close at $1.23.
Argus traded 900 shares, BF&M traded 200 and Bermuda Press (Holdings) traded 38 shares, all with no change in share pric...
DATE: Oct 05, 2012
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank spent $1.84 million buying back nearly 1.5 million of its own shares in September.
In a filing with the Bermuda Stock Exchange (BSX) yesterday, the bank said it bought for Treasury 1,494,678 common shares at an average cost of 1.232 ...
DATE: Oct 04, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bacardi USA has sold its iconic Bacardi Tower and Museum buildings in Miami to an arts foundation.
The sale by the Bermuda-based beverage giant will see the two buildings encompassing 3.3 acres on Biscayne Boulevard, handed over to the National Youn...
DATE: Oct 04, 2012
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CATEGORY:
International Business
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A new report reveals that Bermuda's international companies provide nearly $1 trillion of direct investment in the global economy.
Business Bermuda's 2012 Economic Impact Report, published yesterday, showed that Bermuda's holding companies provided $...
DATE: Oct 04, 2012
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CATEGORY:
International Business
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Bermuda CableVision has just launched its new Video-on-Demand (VOD) service. Now available in Somerset, the new offering will be rolled out parish-by-parish over the coming months, moving from West to East.
CableVision customers will find the new “A...
DATE: Oct 03, 2012
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CATEGORY:
Local Business
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Bermuda-based Third Point Re and Hiscox announced they have entered into an initial agreement in principle to partner in the development of Third Point Reinsurance Investment Management Ltd’s catastrophe reinsurance fund management business.
Hiscox w...
DATE: Oct 03, 2012
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CATEGORY:
Reinsurance
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The Ministry of Business Development and Tourism is seeking nominations for the Technology Innovation Awards.
Now in its sixth year, TechAwards is an opportunity to publicly recognise the outstanding achievements in Bermuda’s information technology ...
DATE: Oct 03, 2012
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CATEGORY:
Technology
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For those of you that have seen the movie Iron Man, the name Jarvis should ring a bell.
Jarvis is the highly intelligent computer built by Iron Man to help him create all of his designs. There is one particular scene where Iron Man is working on a n...
DATE: Oct 03, 2012
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CATEGORY:
Technology
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Ratings firm AM Best has commented that the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Bermuda-based MS Frontier Reinsurance Ltd are unchanged following the announcement that MS Frontier will reorganise and consoli...
DATE: Oct 03, 2012
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CATEGORY:
Reinsurance
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