75967 results returned for search: "" category "Business"
Preparation. This past weekend everyone in Bermuda made preparations for a potential hurricane.
Fortunately the storm remained at Tropical Storm level and although we had fairly high winds and a lot of rain there was minimum damage to property and n...
DATE: Sep 11, 2012
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CATEGORY:
Bermuda Works
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Reinsurers were taken by surprise last year by a slew of catastrophes in the Asia-Pacific region that were outside the scope of the computer models they use to evaluate the risks they take on.
Now catastrophe modellers like AIR Worldwide, who create ...
DATE: Sep 11, 2012
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CATEGORY:
Reinsurance
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While Bermuda’s banks remain in good shape financially, they have sharply increased provisions for bad debt as a result of Bermuda’s “poor economic fundamentals”, the Bermuda Monetary Authority said yesterday.
The Authority’s Banking Digest for the s...
DATE: Sep 11, 2012
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CATEGORY:
Economy
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Shares of Bermuda Press Holdings dropped 25 cents or 2.70 percent on the Bermuda Stock Exchange yesterday, trading 3,500 shares to close at $9.00.
Overall, the BSX closed at 1,068.31, down .29 points (.03percent), trading 3,500 shares worth BD$31,50...
DATE: Sep 11, 2012
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CATEGORY:
Bermuda Stock Exchange
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Some Butterfield Bank customers trying to get back to business after Tropical Storm Leslie yesterday weren’t able to do anything through the company’s online banking system.
The Royal Gazette received several reports of customers being unable to acc...
DATE: Sep 11, 2012
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CATEGORY:
Local Business
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As reinsurance executives converge on Monte Carlo this week, a new report assesses the state of the reinsurance industry.
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, yesterday released the September 2012 edition of ...
DATE: Sep 11, 2012
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CATEGORY:
Reinsurance
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Some Butterfield Bank customers trying to get back to business this morning weren’t able to do anything through the company’s online banking system.
The Royal Gazette received several reports of customers being unable to access their accounts online...
DATE: Sep 10, 2012
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CATEGORY:
Other
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Argus Group traded 4,200 shares on the Bermuda Stock Exchange yesterday, closing at $3.50 with no change in share price.
Butterfield Bank also traded 441 shares, closing at $1.23 with no change in share price.
Overall, the BSX closed at 1,068.60, tra...
DATE: Sep 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Commercial Bank fell 50 cents (4.54 percent) on the Bermuda Stock Exchange last week, trading 200 shares to close at $10.50. BCB’s market capitalisation now stands at $74 million.
Butterfield Bank traded 53,511 shares to close at $1.23 with n...
DATE: Sep 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-registered Digicel Group has announced plans to raise $700 million through a private bond placement. The new bond will mature in 2020.
Part of the net proceeds will be used to repurchase the entire tranche of DGL’s senior payment-in-kind (Pik...
DATE: Sep 10, 2012
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CATEGORY:
International Business
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