77145 results returned for search: "" category "Business"
Bermuda-based Montpelier Re Holdings Ltd. has announced it will issue a quarterly dividend on both its common and preferred shares.
The company declared a dividend of $0.115 per common share and a quarterly dividend of $0.554688 per 8.875 percent non...
DATE: Mar 15, 2013
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CATEGORY:
International Business
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State-backed insurer of last resort Florida Citizens is looking to bring another catastrophe bond issuance to market via Everglades Re.
According to insurance website Artemis, the transaction has an initial size of $250 million which would cover Flor...
DATE: Mar 14, 2013
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CATEGORY:
Reinsurance
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Oil Insurance Limited (OIL), which has offices in Bermuda, announced yesterday the launch of the OTA (Oil Technical Accreditation), OIL’s innovative online technical accreditation course for members and global energy brokers.
The OTA is OIL’s first e...
DATE: Mar 14, 2013
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CATEGORY:
International Business
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Bermuda has once again come under the spotlight in the debate about multinational corporations and tax avoidance.
During a debate this week in the UK’s House of Commons, a UK MP said Britain “is responsible for some of the biggest tax havens in the ...
DATE: Mar 14, 2013
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CATEGORY:
International Business
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Lancashire Holdings has announced the appointment of Darren Redhead as head of Lancashire Capital Management division after the sudden departure of Simon Fascione last week.
Mr Redhead previously served as the chief underwriting officer of DE Shaw Re...
DATE: Mar 14, 2013
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CATEGORY:
Reinsurance
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Butterfield Bank fell one cent (.74 percent) on the Bermuda Stock Exchange (BSX) yesterday, closing at $1.34.
Ascendant Group also traded shares to close at $11.65 with no change in share price.
Overall, the BSX closed at 1,118.78, down 4.74 points (...
DATE: Mar 14, 2013
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CATEGORY:
Bermuda Stock Exchange
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It’s the first big party occasion of the year, and for a number of Island businesses St Patrick’s Day provides not only fun and festivities, but also a revenue boost.
As if by leprechaun magic, green shamrock has begun to appear in some shop windows ...
DATE: Mar 14, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
An evening themed on the bygone glamour of the steamship cruise era of the 1930s will be created at a St George restaurant this month.
And the inspiration for reviving a 1937 menu from the Queen of Bermuda ocean liner came from an unlikely place a ne...
DATE: Mar 14, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Aon Risk Solutions has signed a deal with Warren Buffett’s Berkshire Hathaway International Insurance Ltd. to launch a unique insurance sidecar that will enable the broking giant to extend Berkshire’s capacity to Lloyd’s clients.
The coinsurance dea...
DATE: Mar 14, 2013
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CATEGORY:
International Business
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A recent ad on Emoo to take over a business grabbed the attention of Lena Campbell and Alex Lindo, and the two friends wasted no time contacting the seller. Now a month later they are the new owners of growing home caregiving business iCare Elder Sol...
DATE: Mar 13, 2013
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CATEGORY:
Local Business
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