75974 results returned for search: "" category "Business"
Omega Insurance insists the time frame for its takeover by Canopius Group will not be affected by a lawsuit filed in the Bermuda Supreme Court.
In April, the board of Bermuda-based Omega Insurance Holdings Ltd agreed to a £164 million ($265 million)...
DATE: Jul 11, 2012
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CATEGORY:
International Business
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HSBC Europe has agreed to sell its Irish insurance business to a Bermuda-based company for an undisclosed amount.
In an announcement to the London Stock Exchange, the bank said it was selling HSBC Insurance (Ireland) and HSBC Reinsurance to Bermuda-...
DATE: Jul 11, 2012
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CATEGORY:
International Business
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Inflation rose in May from the previous month, and consumers are now paying 2.9 percent more for goods over last year.
Between April and May, the average cost of goods and services went up .2 percent. And, according to the Consumer Price Index (CPI)...
DATE: Jul 11, 2012
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CATEGORY:
Other
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BlackBerry corporate customers globally are working on contingency plans so they won’t be affected by a possible break-up of parent company Research In Motion, a potential loss of service, or other setbacks.
In Bermuda, cellphone providers Digicel a...
DATE: Jul 11, 2012
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CATEGORY:
Other
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There’s been a recent influx of banks, hedge funds and private equity firms injecting capital into the reinsurance market — adding a reported $6 billion and $8 billion of new capacity since 2011 and slowing the return of a hard reinsurance market. An...
DATE: Jul 11, 2012
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CATEGORY:
International Business
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Even in Bermuda, credit card information held by local businesses large and small is susceptible to theft by computer hackers. Hackers are able to exploit security weaknesses in order to gain access to customers’ credit card information. Stolen infor...
DATE: Jul 11, 2012
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CATEGORY:
Technology
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Our first TechBuzz article was a tribute of sorts to Steve Jobs, the founder of Apple and visionary, who in his short lifetime, managed to start a technology revolution.
Never has there been a brand that has created as much excitement nor commanded ...
DATE: Jul 11, 2012
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CATEGORY:
Technology
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Allied World Assurance Company Holdings yesterday announced it has expanded its US casualty operations with the launch of a new Construction Casualty division.
New lines of business being offered are: commercial general liability and commercial auto...
DATE: Jul 11, 2012
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CATEGORY:
Reinsurance
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(BLOOMBERG) — Apple Inc. plans to debut a smaller, cheaper iPad by year-end, two people with knowledge of the plans have said, to help maintain dominance of the tablet market as Google Inc. and Microsoft Corp. prepare competing hand-held devices.
The...
DATE: Jul 11, 2012
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CATEGORY:
Technology
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Q: Why won’t my laptop battery hold a charge?
A: Have you noticed that the life of your laptop’s battery has been decreasing over time or won’t hold a charge at all?
This could be attributed to age, but more than likely, it’s due to user negligence...
DATE: Jul 11, 2012
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CATEGORY:
Technology
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