75979 results returned for search: "" category "Business"
Business Development and Tourism Minister Wayne Furbert described the challenges facing the world as “daunting” at a major insurance conference yesterday.
Mr Furbert was giving the opening remarks at the Bermuda Captive Conference, which has attracte...
DATE: Jun 05, 2012
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CATEGORY:
Reinsurance
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MADRID (Reuters) — Spain, the latest combat zone in Europe's long-running debt wars, urged the euro zone to set up a new fiscal authority to manage the bloc's finances and send a clear signal to markets that the single currency project is irreversibl...
DATE: Jun 04, 2012
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CATEGORY:
Economy
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“Bermuda is another world” or so go the lyrics to the Island’s unofficial national anthem. Or is it: “Bermuda is a nutter world”? According to some new cleverly packaged peanuts promoting Bermuda, it’s the latter.
The tongue-and-cheek. ten-ounce tin...
DATE: Jun 04, 2012
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CATEGORY:
Local Business
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(Bloomberg) — The US labour market stumbled in May as employers added the fewest workers in a year and the unemployment rate rose, dealing a blow to President Barack Obama’s re-election bid and raising the odds the Federal Reserve will take steps to ...
DATE: Jun 04, 2012
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CATEGORY:
Economy
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Butterfield Bank dropped 6 cents (4.58 percent) on the Bermuda Stock Exchange last week, trading 90,886 shares to close at $1.25. Ascendant Group rose 10 cents (.77 percent) with 3,379 shares trading to close at $13. Butterfield Preferred traded 35 s...
DATE: Jun 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based RenaissanceRe has announced it has created a new sidecar that will create additional reinsurance capacity for their property catastrophe business, covering primarily hurricane risks for Florida insurers during the 2012 hurricane season....
DATE: Jun 04, 2012
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CATEGORY:
Reinsurance
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PartnerRe has announced the appointment of Dr Egbert Willam to fill a vacancy on its board of directors effective June 1.
Dr Willam is founder and president of KEN Investments, a private equity company with a focus on investments and M&A activities i...
DATE: Jun 04, 2012
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CATEGORY:
Reinsurance
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A new round of bogus e-mails pretending to be from Bermuda’s banks have popped up in customers’ inboxes trying to trick them into handing over their personal information, including their account passwords.
And, the e-mail scams are becoming increasin...
DATE: Jun 04, 2012
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CATEGORY:
Technology
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Ascendant Group Limited, parent company of BELCO and Bermuda Gas, among other entities, has announced big changes to its board of directors.
Following its annual general meeting (AGM) of shareholders on Friday, Ascendant Group announced retirements ...
DATE: Jun 04, 2012
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CATEGORY:
Local Business
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Bermuda Air Conditioning Ltd says it’s concerned about Ascendant Group subsidiary inVenture’s takeover of Air Care.
However, another Air Care rival, GSC Ltd, said the acquisition was a clear sign of the tough economic times in Bermuda, and it welcome...
DATE: Jun 04, 2012
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CATEGORY:
Local Business
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