76324 results returned for search: "" category "Business"
Bermuda businesses finding it tough to grow locally in the economic downturn, may want to look overseas, where there could be a huge untapped market for their products and services.
This from Linda Horton, managing director of Horton’s Original Bermu...
DATE: Nov 23, 2012
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CATEGORY:
Local Business
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Schroders Bermuda has moved out of its namesake building.
The company, which has been in Bermuda for some 50 years and once employed more than 50 staff, has relocated to the second floor of Wellesley House on Pitts Bay Road.
“These new premises are a...
DATE: Nov 22, 2012
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CATEGORY:
Local Business
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Standard and Poor’s has affirmed A- financial strength rating of Bermuda-based mutual insurer Oil Insurance Ltd with a stable outlook.
President and CEO Robert Stauffer commented that “as a result of the high credit quality of our membership, strong ...
DATE: Nov 22, 2012
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CATEGORY:
Reinsurance
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Three weeks after Hurricane Sandy slammed into the New Jersey coast, one insurance company there says it has fielded more than twice the amount of claims the company got from Hurricane Irene.
According to a report by Best News Service, New Jersey Ma...
DATE: Nov 22, 2012
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CATEGORY:
Reinsurance
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LONDON (Bloomberg) — Britain’s tax and spending watchdog attacked the revenue office for failing to prevent tax avoidance among individuals and said more needs to be done to tackle the aggressive use of loopholes.
The National Audit Office praised He...
DATE: Nov 22, 2012
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CATEGORY:
Economy
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Hotelier John Jefferis hopes to break ground on a new development of 66 luxury villas and condos starting at $1.2 million each at his beachfront Coco Reef resort early next year.
He said yesterday the development was moving forward thanks to a major ...
DATE: Nov 22, 2012
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CATEGORY:
Other
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Beer, wine and liquor seem to be selling better than ever in Bermuda despite the Island’s sluggish economy.
According to the Government’s monthly Retail Sales Index, sales of liquor, along with food sales, drove retail sales 0.8 percent higher in Se...
DATE: Nov 22, 2012
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CATEGORY:
Economy
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NEW YORK (Bloomberg) - Steven Cohen’s SAC Capital Advisors is at the centre of the biggest insider case ever filed in a sweeping US crackdown on illicit hedge fund trading - one that focuses on the burgeoning exploitation of secret information on vol...
DATE: Nov 22, 2012
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CATEGORY:
Reinsurance
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Conyers Dill & Pearman has named Narinder Hargun and David Lamb as co-chairs of the law firm.
Mr Hargun and Mr Lamb succeed John Collis, the former chairman who served in that capacity for many years.
“Under John’s leadership Conyers has undergone m...
DATE: Nov 21, 2012
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CATEGORY:
Local Business
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Bermuda-based re/insurer Endurance Specialty Holdings Ltd has acquired New York-based Galileo Weather Risk Management and hired all of its employees.
The Galileo team is a leading provider of weather risk management products and services and will be...
DATE: Nov 21, 2012
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CATEGORY:
Reinsurance
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