77146 results returned for search: "" category "Business"
Realtors are looking for the election result to slow the downward spiral of home prices in Bermuda and boost business confidence.
Coldwell Banker Bermuda Realty president Brian Madeiros said if just half the vacant office space in Hamilton was filled...
DATE: Dec 21, 2012
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CATEGORY:
Local Business
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RenaissanceRe yesterday announced that its preliminary estimated impact from Superstorm Sandy is approximately $130 million.
The negative impact to the Bermuda-based reinsurer’s fourth quarter includes the sum of estimates of net claims and claim ex...
DATE: Dec 21, 2012
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CATEGORY:
Reinsurance
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Holiday shoppers in Bermuda have a few more dollars in their pockets this month thanks to the falling price of fuel.
Over the last two months, drivers here have seen some of the year’s cheapest prices at the pump.
The price for a regular litre of g...
DATE: Dec 21, 2012
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CATEGORY:
Other
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Rating agencies have reacted to the announcement that Markel has agreed to buy Alterra for $3.13bn, noting the scale the merged insurance and reinsurance firm would have.
AM Best and Fitch have both affirmed Alterra and Markel’s ratings following ann...
DATE: Dec 21, 2012
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CATEGORY:
Reinsurance
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Global insurance broker, Willis has announced it expects its fourth-quarter earnings to be hit by up to $705 million in non-cash impairment charges.
According to an 8-K filing with the Securities and Exchange Commission (SEC), Willis will write down...
DATE: Dec 21, 2012
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CATEGORY:
Reinsurance
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Building efficiency expert Johnson Controls has announced that it has appointed Air Care as its authorised building control specialist (ABCS) for Bermuda.
The Milwaukee-based Johnson Controls provides energy-efficient commercial products and services...
DATE: Dec 21, 2012
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CATEGORY:
Local Business
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Retailer Sail On’s new store, For Now by Sail On, is finding success in its new location in the Washington Mall.
Business is booming, said Penny Watlington of Sail On’s third shop, which is located in the space that once housed All Wrapped Up, a long...
DATE: Dec 21, 2012
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CATEGORY:
Local Business
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Lancashire Holdings estimates the net impact on its fourth-quarter financial results from Sandy is likely to be in a range of between $40 million and $60 million.
According to the Bermuda-based company, the preliminary loss estimate has been derived...
DATE: Dec 21, 2012
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CATEGORY:
Reinsurance
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Bermuda-based Digicel and Marriott broke ground yesterday on their new resort in Haiti that they say will cost $45 million to build and will open in 2015.
The 175-room hotel in Port-au-Prince is a partnership between the hotel company and the telecom...
DATE: Dec 21, 2012
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CATEGORY:
International Business
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Two companies have signed a lease to open a combined ‘pop-up’ store in the new portion of the Washington Mall.
Temporary pop-up shops have become increasingly popular in Bermuda, as well as the UK and US, where retailers can eliminate long-term cost...
DATE: Dec 21, 2012
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CATEGORY:
Local Business
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