75969 results returned for search: "" category "Business"
Michael Orlich has joined American Safety Reinsurance Ltd (ASRe) as a casualty underwriter to work in the company’s Bermuda office.
Mr Orlich has over 15 years of experience in the casualty insurance and reinsurance market. Prior to joining ASRe, Mr...
DATE: Aug 24, 2012
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CATEGORY:
Reinsurance
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Telecommunications group KeyTech Ltd has signalled its intention to attract more investment from overseas.
A statement from the Bermuda Stock Exchange yesterday said the KeyTech had written to Business Development Minister Wayne Furbert to give notic...
DATE: Aug 24, 2012
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CATEGORY:
Local Business
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Canopius Group Ltd has joined the £1 billion premium club with the completion of its acquisition of Bermuda-based Omega Insurance Holdings Ltd.
The acquisition was completed on Monday, thereby clearing the way for Tower Group’s takeover of Canopius B...
DATE: Aug 23, 2012
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CATEGORY:
Reinsurance
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Citizens Property Insurance, the Florida state-run insurer of last resort, has come under pressure recently about its travel expenses, including trips to Zurich and Bermuda where it negotiated record-setting bond placements.
In May, the Bermuda Stock...
DATE: Aug 23, 2012
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CATEGORY:
Reinsurance
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Legal services firm MJM Ltd yesterday announced it had appointed Jeremy Leese as a senior corporate lawyer.
He will work closely with Peter Martin, who leads the international corporate practice group.
Mr Leese is a corporate lawyer with nearly 20 ...
DATE: Aug 23, 2012
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CATEGORY:
International Business
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Bermuda Press Holdings dropped 75 cents (7.5 percent) on the Bermuda Stock Exchange yesterday, trading 110 shares to close at $9.25.
Ascendant Group traded 523 shares to close at $12.25, with no change in share price.
Overall, the BSX closed at 1,063...
DATE: Aug 23, 2012
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CATEGORY:
Bermuda Stock Exchange
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Mailboxes Unlimited won its battle with Government yesterday over customers having to pay a new higher 25-percent duty rate for goods imported to the Island throught the company.
In a judgment handed down yesterday, Chief Justice Ian Kawaley ruled Ma...
DATE: Aug 23, 2012
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CATEGORY:
Other
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The owners of O-Bar have put the Bermudiana Road coffee and cocktail bar up for sale.
Associated Cuisine has listed the bar with Firm Advisory, a business brokerage joint venture with Bermuda Realty.
The bar, formerly known as Opus, was at one time p...
DATE: Aug 23, 2012
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CATEGORY:
Local Business
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Michael Stowe does not believe in meetings.
Instead, he prefers to take action, like he did three years ago when he started the Technology Skills Center (TSC), an alternative high school programme for boys aged 15 to 18.
As programme manager at the T...
DATE: Aug 22, 2012
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CATEGORY:
Technology
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NEW YORK (Bloomberg) — Private crop insurers, a group led by Wells Fargo & Co. and Ace Ltd, may face losses that exceed $5 billion if this year’s US drought is worse than one in 1988, Standard & Poor’s said.
Hot, dry weather across much of the Midwes...
DATE: Aug 22, 2012
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CATEGORY:
Reinsurance
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