76337 results returned for search: "" category "Business"
The world economy remains in ‘intensive care’ six years after the financial crisis kicked off. With underlying problems remaining unfixed, something has to give.
In the good old days — i.e., the two decades before the credit crisis — markets of the ...
DATE: Apr 28, 2012
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CATEGORY:
Personal Finance
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Risk markets seem to be back to their old tricks. After a few months of what appeared to be much steadier forward progress during the first quarter of this year, equity markets have seen a noticeable increase in volatility.
Last Tuesday, the Dow Jon...
DATE: Apr 28, 2012
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CATEGORY:
Personal Finance
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AUTHOR:
Bryan Dooley
Ace Ltd has confirmed for The Royal Gazette that additional layoffs have been made at the insurance giant.
The company confirms three staff members in their human resources department were laid off as part of a reorganisation of their HR department....
DATE: Apr 27, 2012
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CATEGORY:
International Business
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Bermuda-based reinsurer Validus Holdings reported a record first-quarter profit of $124.2 million, despite “meaningful catastrophe losses” related to the Costa Concordia event and US tornado incidences.
The company’s net income, which broke down to $...
DATE: Apr 27, 2012
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CATEGORY:
International Business
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The top executives from one of the largest spirits companies in the world acted as bartenders, serving up cocktails to the crowd at a fundraiser for CADA (Centre for Alcohol and Drug Abuse Prevention) on Wednesday night.
The fundraiser kicked off Ba...
DATE: Apr 27, 2012
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CATEGORY:
Other
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Butterfield Bank rose one cent (.80 percent) on the Bermuda Stock Exchange yesterday to close at $1.25 with 77,700 shares trading.
Overall, the BSX closed at 1081.47, up 4.74 points (.44 percent) with 77,700 shares trading worth $100,010.
DATE: Apr 27, 2012
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CATEGORY:
Bermuda Stock Exchange
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Willis Holdings Group Ltd reported its latest earnings last night reporting it made a first quarter profit more than six times larger than it made in the same period last year.
The global insurance broker posted a net income of $225 million or $1.28...
DATE: Apr 27, 2012
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CATEGORY:
Reinsurance
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Hardy Underwriting Bermuda Ltd shareholders have voted to approve CNA Financial Corporation’s proposed acquisition of Hardy. The acquisition is expected to close by the end of the second quarter, subject to regulatory approvals.
“We are delighted to...
DATE: Apr 27, 2012
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CATEGORY:
Reinsurance
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The price of regular gasoline continues to grow — averaging an increase of 4.8 cents per litre, per month so far this year.
According to a statement from the Ministry of Finance, the maximum retail price for gasoline at the pump on April 16 was 220....
DATE: Apr 27, 2012
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CATEGORY:
Other
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A new employment organisation took to East Broadway yesterday morning to drum up support and members for their group.
Members of Bermuda Back Working, flanked by handmade signs lined the busy thoroughfare during the morning rush hour traffic, encoura...
DATE: Apr 27, 2012
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CATEGORY:
Other
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