77145 results returned for search: "" category "Business"
The Government’s Budget was a triumph of economics over politics, substance over rhetoric and medium-term thinking over short-term thinking yet some very difficult decisions still lay ahead for Bermuda.
This was the view of economist Craig Simmons at...
DATE: Feb 26, 2013
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CATEGORY:
Local Business
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The new chairman of Bermuda-based insurer Hiscox Ltd., Robert Childs, described the company’s 2012 financial results as “a very good year”, which could be a gross understatement after the company reported its profits surged more than 12-fold over 201...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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Bermuda-based reinsurer Montpelier Re Holdings Ltd. has announced its deputy chairman, executive vice president and chief operating officer Tom Busher will retire at the end of this year.
Mr Busher was a member of the original management team that fo...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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Global specialty insurer and reinsurer Lancashire Holdings Ltd. is launching a new capital management brand, Lancashire Capital Management, as it seeks to benefit from opportunities in the third-party capital market.
The new unit will be headed by La...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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Work. What does the word work mean to you?
The true way to succeed in life, in your profession, or in your vocation is through hard work.
There are no easy ways, no shortcuts, and certainly there are no magic wands! Many of you follow one form of s...
DATE: Feb 26, 2013
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CATEGORY:
Other
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The Bermuda Stock Exchange closed unchanged yesterday as no shares traded.
The BSX ended the day at 1,103.20, unchanged from Friday.
DATE: Feb 26, 2013
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CATEGORY:
Bermuda Stock Exchange
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The deterioration in the housing market and overall Bermuda economy is feeding through into weakened earnings at the banks, new economic figures on the state of the banking sector show.
The figures also suggest there’s a growing “shadow inventory” of...
DATE: Feb 26, 2013
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CATEGORY:
Local Business
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It’s been rumoured for a couple of months now, but according to The Financial Times, it’s a done deal — Goldman Sachs has sold off a 75 percent stake in Bermuda-based Ariel Re.
The Wall Street investment bank only bought Ariel’s insurance and reinsur...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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In the digital age of tablets, e-readers and downloads, can traditional bookstores survive?
The Bermuda Bookstore on Queen Street has been selling books since around the middle of the last century. It is filled from floor to ceiling with just about e...
DATE: Feb 25, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — American International Group Inc. plans to rebuild life-insurance sales outside the US after divesting operations in Asia and Europe to help repay a taxpayer bailout, chief executive officer Robert Benmosche said.
“We’re going ...
DATE: Feb 25, 2013
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CATEGORY:
International Business
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