76337 results returned for search: "" category "Business"
Validus Holdings Ltd has spent more than $200 million buying back some 6.4 million of its own shares as the result of a “modified Dutch auction” tender offer.
The Bermuda reinsurer agreed to pay $32 apiece for the shares for a total cost of $204.3 mi...
DATE: Jun 13, 2012
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CATEGORY:
Reinsurance
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In May, we listed our favourite apps for Moms in honour of Mother’s Day, so it’s only fair do the same for dads since this Sunday is Father’s Day. If you’re still looking for a good little gift for him, here are some apps that will help dad do everyt...
DATE: Jun 13, 2012
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CATEGORY:
Technology
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More jobs have been cut at Ace Bermuda, The Royal Gazette has learned.
A spokesperson for the company said yesterday that three more positions have been eliminated as a result of restructuring of Ace’s administration and facilities functions.
Two o...
DATE: Jun 12, 2012
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CATEGORY:
Reinsurance
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The Island’s telecoms industry yesterday weighed in on the war of words being waged in the media over Digicel’s controversial launch of international long distance, saying that Telecoms policy was clear to them.
“We are at a loss to explain how the G...
DATE: Jun 12, 2012
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CATEGORY:
Other
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Insurance underwriter Lancashire Holdings has announced it is renewing Accordion Insurance, its reinsurance sidecar vehicle set up to enable reinsurance contracts to be collateralised.
The Bermuda-based speciality insurance provider launched Accordi...
DATE: Jun 12, 2012
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CATEGORY:
Reinsurance
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US banking giant JP Morgan is to close its private-equity office in Bermuda by the end of this year with the loss of 16 jobs, The Royal Gazette can reveal.
According to a company spokesperson, the office will be relocated to Dallas where JP Morgan ha...
DATE: Jun 12, 2012
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CATEGORY:
International Business
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Digicel yesterday criticised statements by the Opposition in an increasingly rancorous public battle over its launch of international long distance.
The cellphone provider said Shadow Telecoms Minister Cole Simons’ views that a letter of approval to ...
DATE: Jun 12, 2012
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CATEGORY:
Other
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When governments intervene to try to temper the natural ups and downs of the economic cycle, the result can be a mess.
That’s the view of Nobel laureate Dr Myron Scholes, who said in an interview yesterday that calls for more intervention in the US,...
DATE: Jun 12, 2012
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CATEGORY:
Other
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KeyTech jumped nine cents (1.81 percent) on the Bermuda Stock Exchange yesterday, trading 7,000 shares to close at $5.05. Butterfield Preferred traded five shares with no change in share price, to close at $1,230.
Overall, the BSX closed at 1071.13, ...
DATE: Jun 12, 2012
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CATEGORY:
Bermuda Stock Exchange
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Teamwork. I was fortunate enough this past week to participate in a strategic planning session where we brought together the critical stakeholders in a new venture to identify how we can make the most of a business opportunity.
The participants came...
DATE: Jun 12, 2012
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CATEGORY:
Bermuda Works
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