77145 results returned for search: "" category "Business"
The Bermuda Stock Exchange has added another feather to its insurance-linked securities cap by giving listing approval to a new $250-million catastrophe bond deal. Bermuda-based specialty purpose insurer Everglades Re 2013 is the vehicle for the sing...
DATE: Apr 03, 2013
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CATEGORY:
Reinsurance
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I can. When times are challenging and answers seem hard to find we often observe that many lose heart and when asked to take some action, their response is often “I can’t.”
The real answer is that they are discouraged and not sure where to turn.
Th...
DATE: Apr 02, 2013
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CATEGORY:
Bermuda Works
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Bermuda-based Oil Casualty Insurance Ltd (OCIL) generated a net income of $28.3 million in 2012, experiencing another year of growth for the company.
OCIL, which provides insurance cover to energy businesses along with writing casualty and property t...
DATE: Apr 02, 2013
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CATEGORY:
Other
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Butterfield Bank closed unchanged yesterday at $1.36, as 3,000 shares changed hands.
Ascendant Group closed up 5 cents at $11.50 as 1,000 shares traded.
Overall the BSX closed at 1,121.31, down 6.38, or 0.57.
DATE: Apr 02, 2013
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CATEGORY:
Bermuda Stock Exchange
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Half a century ago Batson Swan would regularly emerge from a hole in the wall in the Walker Arcade on Front Street and stroll around the block in his overalls hoping someone would need a plumber.
Fifty years later, the family business that still carr...
DATE: Apr 02, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
London has held onto its position as the world’s leading financial centre, but not when it comes to insurance.
According to the Global Financial Centres Index 2013 (GFCI 13), New York has taken over the top spot as the most attractive city for insur...
DATE: Apr 02, 2013
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CATEGORY:
International Business
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Bermuda National Limited has announced that it has entered into a sale and purchase agreement to acquire JOHIM CS Limited, the holding company of J O Hambro Investment Management Limited (JOHIM) and its affiliates, from Credit Suisse AG (CS).
The tot...
DATE: Apr 01, 2013
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CATEGORY:
Local Business
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Butterfield Bank shares finished the week up two cents, or 1.5 percent, at $1.36 as 14,052 of the shares traded on the Bermuda Stock Exchange.
Bermuda Press declined 25 cents, or 2.7 percent, to close at $9 as 3,000 shares traded.
And Ascendant Group...
DATE: Apr 01, 2013
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CATEGORY:
Bermuda Stock Exchange
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Advice on how to attract and keep customers was doled out to a lively audience last week as more than 50 people attended the Economic Empowerment Zones Agency (EEZA) seminar targeted to retailers and vendors.
The two-hour seminar provided entrepreneu...
DATE: Apr 01, 2013
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CATEGORY:
Local Business
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Hiscox Bermuda has expanded its US property catastrophe team with the appointment of Bill Lazzaro as vice president — Underwriting.
Reporting to Bevis Tetlow, senior vice president at Hiscox Bermuda, Mr Lazzaro joins from Aon Benfield where he held a...
DATE: Apr 01, 2013
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CATEGORY:
Reinsurance
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