76314 results returned for search: "" category "Business"
Getting Bermudians back to work should be this country’s “main priority”, a trade unionist told a forum last night.
Jason Hayward, 1st Vice President of the Bermuda Public Services Union said the Island’s unemployment figures are “extremely concernin...
DATE: Oct 26, 2012
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CATEGORY:
Economy
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With the US presidential election less than two weeks away, many in the insurance and reinsurance industry — the largest sector of Bermuda’s economy — will be watching the results closely.
That’s because the outcome of the election could very well d...
DATE: Oct 26, 2012
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange closed at 1,069.97 yesterday, trading 1,000 US shares worth US$9,800. There was no trading among domestic board companies.
DATE: Oct 26, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based reinsurer Validus Holdings Ltd last night posted net operating earnings of $170.6 million that easily beat the expectations of Wall Street analysts. The company benefited from the absence of notable loss events, as it recorded net incom...
DATE: Oct 26, 2012
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CATEGORY:
Reinsurance
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With Halloween just around the corner, retail sales haven’t been so scary, say local shops.
Customers, including tourists, are out in numbers despite the recession, snapping up playful costumes, accessories and candy.
The Dollar Store chain, Phoenix ...
DATE: Oct 26, 2012
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CATEGORY:
Local Business
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OLDWICK, New Jersey (BestWire) - The top officer at Ace Ltd is calling for federal lawmakers to take immediate action to stem the tide of red ink flowing from Washington, including cutting spending and raising revenue.
“There is no greater challenge...
DATE: Oct 26, 2012
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CATEGORY:
Reinsurance
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The Cayman Islands has, for the first time, introduced ten-year work permits.
Until now, the maximum any foreign employee could be approved for was a five year work permit. The Cayman government amended its immigration policy on October 16 to reflec...
DATE: Oct 26, 2012
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CATEGORY:
International Business
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Ascendant Group jumped 15 cents (1.26 percent) on the Bermuda Stock Exchange yesterday, trading 5,110 shares to close at $12.
Overall, the BSX closed at 1,069.97, up 1.31 points (.12 percent), trading 5,110 shares worth US$61,320.
DATE: Oct 25, 2012
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CATEGORY:
Bermuda Stock Exchange
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The re/insurance industry’s outsourcing of catastrophe risk modelling is a “dangerous phenomenon” that introduces an unacceptable level of volatility in insurance markets, the CEO of Validus Re warned.
Speaking at a Guy Carpenter symposium in Baden-...
DATE: Oct 25, 2012
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CATEGORY:
International Business
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Bermuda-based PartnerRe has invested in a Stamford, Connecticut company — making its foray into title insurance industry.
The global reinsurance group invested $19 million in Entitle Direct Group, Inc, the parent company of the country’s leading dire...
DATE: Oct 25, 2012
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CATEGORY:
International Business
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