76337 results returned for search: "" category "Business"
Bermuda-based Enstar Group Ltd reported net earnings rose to $9.7 million in the first quarter of 2011, compared to $3.5 million in the same period last year.
Enstar, which acquires and manages insurance and reinsurance companies in run-off, also sai...
DATE: May 07, 2012
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CATEGORY:
Reinsurance
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A Bermuda DJ and a longtime hospitality worker have joined forces to open a new nightclub in St George’s.
Club Minaj on Water Street is owned by DJ Dennis (Bussy) Maynard and Swizzle Inn manager Benjamin Smith.
The two businessmen hope the club will ...
DATE: May 07, 2012
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CATEGORY:
Local Business
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Business Bermuda CEO Cheryl Packwood has been named as an Industry Leader in the MENA Fund Manager Magazine Service Provider Power 50.
The MENA Fund Management Power 50 of 2012 pays tribute to the service providers of the fund industry who have weath...
DATE: May 07, 2012
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CATEGORY:
International Business
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Close to 150 of XL’s Bermuda-based employees chose to spend last Friday working on community projects throughout the Island.
They joined thousands of XL colleagues around the world to participate in XL’s seventh annual Global Day of Giving.
The emplo...
DATE: May 07, 2012
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CATEGORY:
Reinsurance
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Argus and KeyTech tumbled last week on the Bermuda Stock Exchange while Ascendant and Butterfield Preferred made gains.
Argus fell five percent (20 cents) trading 98,584 shares to close at $3.80. Argus’s market capitalisation now stands at $81.7 mill...
DATE: May 07, 2012
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CATEGORY:
Bermuda Stock Exchange
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Jardine Lloyd Thompson Group has bought The Towner Management Group, the largest independent captive manager in Barbados.
The company has also entered into a joint venture with Towner’s Vermont-based US arm, Towner Management US.
JLT Towner, as it ...
DATE: May 07, 2012
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CATEGORY:
Reinsurance
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Michael Warwicker has joined Endurance Specialty Holdings from Iron-Starr Excess Casualty to take the role of head of Insurance Operations, Endurance Risk Solutions (Bermuda).
The announcement came on Friday nearly three months after Iron-Starr annou...
DATE: May 07, 2012
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CATEGORY:
Reinsurance
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Well-known cycle shop, Oleander Cycles, has now added jet skis to its offerings, after signing an exclusive deal with Kawasaki jet skis.
“I am thrilled to announce our deal with Kawasaki,” said General Manager Gregory Bluck. “We love their products ...
DATE: May 07, 2012
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CATEGORY:
Local Business
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Lancashire Holdings Limited made more in the first three months of this year than it did in the first quarter of 2011, despite the fact that the company’s performance was hurt by the Costa Concordia shipwreck.
The company reported its first quarter ...
DATE: May 07, 2012
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CATEGORY:
Reinsurance
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Shares of insurer Argus Group Holdings Ltd fell five percent yesterday to hit their lowest point since 1997.
Argus fell 20 cents to $3.80, as 98,584 shares changed hands.
The company has made losses adding up to more than $140 million over the past t...
DATE: May 05, 2012
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CATEGORY:
Bermuda Stock Exchange
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