75970 results returned for search: "" category "Business"
Bermuda-based Catco Investment Management Ltd said yesterday that its net asset value climbed 5.3 percent during the first half of the year.
The firm, which deploys investors’ capital in collateralised reinsurance contracts written through its Class ...
DATE: Aug 17, 2012
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CATEGORY:
Reinsurance
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New York-based Marsh & McLennan paid its Bermudian CEO Brian Duperreault more than it paid to the US Treasury in taxes, according to report by a US think tank.
The global insurance broker, which has a strong presence in Bermuda, was one of 26 America...
DATE: Aug 17, 2012
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CATEGORY:
Reinsurance
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Bermuda’s struggling economy has claimed another victim, with cycle livery Wheels closing its doors citing an “extremely challenging trade” for both rental and retail bike sales.
Signs on the windows of the Dundonald Street store told the public of i...
DATE: Aug 16, 2012
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CATEGORY:
Local Business
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BF&M jumped 25 cents (1.58 percent) on the Bermuda Stock Exchange yesterday, trading 5,085 shares to close at $16.
Ascendant Group fell one cent (.08 percent), trading 3,729 shares to close at $12.25.
Overall, the BSX closed at 1,077.62, up 1.64 poin...
DATE: Aug 16, 2012
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CATEGORY:
Bermuda Stock Exchange
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(Bloomberg) — The cost of living in the US was little changed in July for a second month, showing companies lack pricing power.
The unexpected reading in the consumer-price index capped a 1.4 percent gain over the past 12 months, the smallest year-to...
DATE: Aug 16, 2012
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CATEGORY:
Economy
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Bermuda-based Third Point Re has added two industry veterans to their staff.
According to Artemis, a re/insurance blog and the Insurance Insider, the firm has added Bryan Bumsted and Chris Conway to their staff roster.
Mr Bumsted was a retrocession ...
DATE: Aug 16, 2012
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CATEGORY:
Reinsurance
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Bermuda might still be mired in a recession, but there’s further proof it might not be a bad time to start a business - if it’s in the fitness industry, that is.
A second CrossFit facility, or “box” in the company’s lingo, has just opened up on the ...
DATE: Aug 16, 2012
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CATEGORY:
Local Business
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The Associated Press analysed nine economic recoveries since the Great Depression that lasted at least three years.
By most measures, the recovery from the Great Recession of 2007-2009 is the weakest.
It's the second-worst for job growth as measured...
DATE: Aug 16, 2012
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CATEGORY:
Other
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Pre-sales for the iPhone 5 will begin September 12, the same day Apple is expected to unveil the new device at a media event, according to a new report.
The report, from the website iMore, says the information comes from two sources who have proved ...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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Michael Dell, the billionaire founder of Dell Inc., spends $2.7 million a year on a personal security team for his family. But his efforts to keep his loved ones out of the spotlight and harm’s way were no match for his teenaged daughter’s social med...
DATE: Aug 15, 2012
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CATEGORY:
Technology
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