77146 results returned for search: "" category "Business"
The Royal Gazette / Bermuda Stock Exchange (BSX) Index rose four percent last year as trading turnover surged and the value of insurance-linked securities (ILS) on the Exchange climbed to $5.8 billion.
In a statement reviewing the year, BSX chief exe...
DATE: Jan 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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The US accounted for a higher proportion of the world’s natural catastrophe losses than usual in 2012, due to a series of severe weather-related events. That’s according to a 2012 catastrophe report just released by Munich Re, the world’s largest rei...
DATE: Jan 04, 2013
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CATEGORY:
Reinsurance
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British American Insurance Company creditors and policyholders could get a New Year cash boost.
The company’s four-storey, 11,080-square-feet Front Street building has found a potential buyer, The Royal Gazette has learned.
KPMG Advisory Ltd, agents ...
DATE: Jan 04, 2013
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CATEGORY:
Local Business
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A mystery writ has been filed with Supreme Court against the company behind the proposed St Regis hotel and condos in Hamilton, which at one time was scheduled to open this year.
A company called Smart Firm Investments is taking legal action against ...
DATE: Jan 04, 2013
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CATEGORY:
Local Business
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NEW YORK — The giant insurance company that became the recipient of one of the biggest — and least popular — bailouts in history has a message for the American taxpayer: Hey, thanks a lot!
Just weeks after the Treasury sold off its final stake in AIG...
DATE: Jan 03, 2013
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CATEGORY:
Reinsurance
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A new year, a new e-mail scam targeting customers from one of Bermuda’s local banks.
The Bermuda Police Service Financial Crime Unit has issued an advisory regarding the fake e-mail, which tries to dupe HSBC customers into giving out their account pa...
DATE: Jan 03, 2013
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CATEGORY:
Local Business
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PartnerRe has successfully completed the acquisition of California-based Presidio Reinsurance Group.
PartnerRe will pay $72 million for reinsurance carrier Presidio’s managing general agency and tangible book value.
The US specialty accident and hea...
DATE: Jan 03, 2013
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CATEGORY:
Reinsurance
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The “glass ceiling” still exists for women in the workplace — despite statistics that indicate females’ pay rose faster than males’ during the past decade.
That is the view of Elaine Williams, of the Women’s Resource Centre, who was responding to las...
DATE: Jan 03, 2013
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CATEGORY:
Other
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With the majority of the January 1 reinsurance renewal contracts now bound, two company reports find that while Hurricane Sandy didn’t harden the market overall, it did help reinsurers maintain prices after a year in which natural disaster costs fell...
DATE: Jan 03, 2013
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CATEGORY:
Reinsurance
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A new luxury jeweller has officially opened its doors in St George’s.
Davidrose Jewelry, which has previous been only available online has opened their flagship boutique on Water Street in the East End.
Owned by Bermudian David Zuill and his fiancee ...
DATE: Jan 02, 2013
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CATEGORY:
Local Business
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