76320 results returned for search: "" category "Business"
Standard & Poor’s Rating Services (S&P) says the reinsurance industry’s strong capital and very strong earnings thus far in 2012 will enable it to withstand the losses from Superstorm Sandy — even if they’re well outside the range of current insured ...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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If you are looking for a weekend retreat, two small islands off Pembroke have come on the market.
Listed with Coldwell Banker Bermuda Realty, 0.504 acre Goose Island and 1.062 acre Bird Island are listed for sale for $550,000.
They are a unique oppor...
DATE: Nov 15, 2012
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CATEGORY:
Local Business
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Bermuda Economic Development Corporation will mark Global Entrepreneurship Week with a series of special events.
The highlights will be Rocket Pitch Competition Finals today at the Chamber of Commerce from 5.30pm to 7.30pm, and the Bermuda Emerging P...
DATE: Nov 15, 2012
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CATEGORY:
Local Business
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Ace Ltd and insurers at Lloyd’s of London are betting that a superstorm like Sandy won’t strike twice.
The insurers have partnered with broker Aon to sell insurance to companies that just suffered from flooding in the wake of Sandy, according to a re...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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Superstorm Sandy showed up the limitations of catastrophe models used by the insurance industry — and it will be some time before the full extent of insured losses is known.
That was the view of top insurance executives, expressed in a panel discuss...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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Digicel Bermuda has brought a new man on board from Jamaica to lead its new Business Solutions division.
Tom O’Neill actually holds two titles with the company: Business Solutions director for Digicel and general manager of Transact — the internet s...
DATE: Nov 15, 2012
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CATEGORY:
Local Business
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LONDON (Reuters) — The scope and scale of superstorm Sandy is not enough to trigger losses for catastrophe bond investors, and won’t deter new issuance, Willis Capital Markets & Advisory (WCMA) said in a report.
Based on current estimations from disa...
DATE: Nov 15, 2012
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CATEGORY:
Reinsurance
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Bermuda’s inflation rate fell below two percent in September for the first time since February 2010.
The rate was down to 1.9 percent from 3.1 percent the month before.
Still, year over year, the cost of good and services was higher — driven by a s...
DATE: Nov 15, 2012
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CATEGORY:
Economy
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Watlington Waterworks shares rose 4.9 percent (65 cents) on the Bermuda Stock Exchange (BSX) trading 5,000 shares to close the day at $13.95.
5,300 shares of Argus Group also traded yesterday to close unchanged at $3.40.
The BSX closed at 1,075.38, u...
DATE: Nov 15, 2012
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CATEGORY:
Bermuda Stock Exchange
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Parents in Bermuda often transferred real estate to their children during their lifetime in order to avoid the payment of stamp duty by children, often referred to as a death tax.
Today, however, parents no longer must transfer real estate during the...
DATE: Nov 15, 2012
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CATEGORY:
Other
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