77145 results returned for search: "" category "Business"
Shares of Argus Group Holdings dropped 3.9 percent ($0.15) in trading on the Bermuda Stock Exchange yesterday closing the day at $3.70 a share.
KeyTech shares also fell losing 3.2 percent ($0.19) in trading to close at $5.81 a share.
Bank of Butterfi...
DATE: Feb 08, 2013
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CATEGORY:
Bermuda Stock Exchange
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Ratings firm AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based Validus Re.
Additionally, AM Best has affirmed the ICR of “bbb” and debt ratings of the Bermuda-based parent comp...
DATE: Feb 08, 2013
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CATEGORY:
Reinsurance
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Endurance Specialty Holdings yesterday reported a year-end net income of 129.8 million.
The gain compares with a 2011 net loss of $117.9 million.
The Bermuda-based re/insurer reported a net loss of $40.8 million for the fourth quarter of 2012, vers...
DATE: Feb 08, 2013
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CATEGORY:
Reinsurance
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One-stop shopping for phone, internet and TV, lower prices, getting the internet speed you pay for and number portability — a dream come true for Bermuda residents that’s expected to finally arrive in phases from April 28.
Philip Micallef, chief exec...
DATE: Feb 08, 2013
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CATEGORY:
Other
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US authorities have seized over $2 million in a Bermuda bank account allegedly belonging to a fugitive Mexican official charged in a corruption case with stealing public funds, according to court papers released this week.
More than $22 million was s...
DATE: Feb 08, 2013
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CATEGORY:
Other
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Coldwell Banker Bermuda Realty says more than 60 companies have signed up to take part in this year’s annual home show — now in its 11th year.
The companies will be showcasing their products and services.
The Coldwell Banker Home Show is being held a...
DATE: Feb 08, 2013
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CATEGORY:
Local Business
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A battle over a cellular tower on Knapton Hill is headed back to court in a case that highlights the challenges of mobile providers in maintaining good network coverage on the Island.
Digicel, along with Knapton Hill resident Michael Markham, have fi...
DATE: Feb 08, 2013
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CATEGORY:
Local Business
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Apple this week hit a pretty mind-boggling milestone: the 25 billionth song was downloaded on iTunes on Wednesday.
That’s billion with a ‘b’, which is a bit hard to imagine, but to put it in perspective, it’s roughly equal to three-and-a-half songs ...
DATE: Feb 08, 2013
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CATEGORY:
Technology
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Aspen Insurance Holdings Ltd comfortably beat analysts’ expectations as they eked out a $2 million profit for the fourth quarter of last year.
Superstorm Sandy, which cost Aspen net catastrophe losses of $175 million, delivered a powerful hit to earn...
DATE: Feb 08, 2013
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CATEGORY:
Reinsurance
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Corporate executives these days are more concerned about cyber-attacks than they are about income loss or property damage, according to a new survey released by American International Group Inc. (AIG).
Of the 258 executives surveyed by Penn Schoen B...
DATE: Feb 08, 2013
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CATEGORY:
Reinsurance
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